$799,900
Perth South
4740 16 Line, Perth South (Downie), Ontario, N4X1C9
This 6-bedroom, 3-bathroom home in Perth South is for sale offering roughly 2,750 sq ft of space. Its $799,900 asking price sits right in line with the $799,900 median in Perth South.
Beautiful 3.45-Acre Estate Along the Avon River A Rare Opportunity Rich in Heritage and Potential. Presenting this distinguished property set on scenic land bordering the tranquil Avon River for the first time in over 55 years. This unique estate offers a rare combination of natural beauty, historical significance, and versatile potential for residential or entrepreneurial pursuits. The primary residence is a spacious family home featuring: Four bedrooms on the upper level, complemented by a full four-piece bathroom, Two additional bedrooms on the main level, accompanied by two half bathrooms. A rustic country-style kitchen with a charming propane fireplace, ideal for cozy gatherings and everyday comfort. Generous living areas designed to accommodate multi-generational families or large households. This property carries a rich legacy, having once served as the site of the Avonbank Cheese and Butter Factory before transitioning into a family-run upholstery business. Its storied past adds character and depth, while its expansive layout invites future owners to reimagine its purpose be it a private retreat, a boutique enterprise, or a creative homestead. A classic barn located at the far corner of the property, formerly used for housing horses, further enhances the estates rural charm and utility. Situated on a paved road with its prime riverfront location, historical roots, and boundless potential, this property represents a truly exceptional offering for discerning buyers seeking a one-of-a-kind opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 408 days on market, against an average age of 148 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 6-bed single family in Perth South (Downie) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 9.0× the local median household income of $89,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4X)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.