$750,000

For sale

1605 Concession Drive, Southwest Middlesex - Single Family for Sale

1605 Concession Drive, Southwest Middlesex, Ontario, N0L1Z0

3 beds3 baths6 parking1,750 ft²181 × 236 ft (42,567 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 3-bathroom home in Southwest Middlesex is for sale offering roughly 1,750 sq ft of space. It has been on the market 27 days, fresher than the Southwest Middlesex average of 121 days.

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Description

Welcome to 1605 Concession Drive, Newbury a well maintained executive ranch located just outside town on a beautifully landscaped 1.24 acre parklike lot. A 30 minute drive west of London, and 5 minutes to local schools, shopping, and hospital, this property is perfect for a family looking for a bit of rural life while enjoying a custom home with premium quality finishes. Cathedral ceilings, expansive bedrooms, formal livingroom, and cozy family room with granite fireplace and huge finished rec room offer several options for today's modern family. Need separate space for your aging parents, or grown children? Private entrance from oversize two car garage to lower level provides a number of opportunities to share this space while maintaining your own personal space. Outside, the beautiful backyard also offers options. Two out buildings can be utilized in any number of ways- a studio for the artist, a space for the kids to rock out, or a cozy home for your chickens, lots of room to grow your own food, and a pool to entertain the kids in the summer. Separate laneway to park a truck or trailer, you really have to see this home to appreciate the amount of thought that the builder has included into it's design. (id:66096)

Property Details

MLS®: X13877842
Property Type: Single Family
Zoning: RR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 181 × 236 ft (42,567 sq ft)
Frontage: 181 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full, Separate entrance, N/A, N/A
Heating: Heat Pump, Wood
Cooling: Central air conditioning
Garage: Attached Garage, Garage, RV

Rooms

Main level

Living room: 6.7 x 3.65 meters
Family room: 5.18 x 4.41 meters
Kitchen: 4.41 x 2.59 meters
Laundry room: 5.48 x 2.49 meters
Primary Bedroom: 4.41 x 4.39 meters
Bedroom: 4.26 x 2.89 meters
Bedroom: 3.65 x 2.59 meters

Lower level

Recreational, Games room: 7.31 x 16.76 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Water Heater
Foundation: Poured Concrete
Exterior: Brick, Vinyl siding
Lot Features: Level lot, Wooded area, Irregular lot size, Open space, Flat site, Lighting, Dry

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Southwest Middlesex listings, avg age

121d

Price / ft²

$429

List price

$750K

Haho

This 3-bed single family in Southwest Middlesex has been listed for 27 days, which is 94 days fresher than the city average of 121. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · LINDA TRUEMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $750,000, about 7.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$750,000· $429/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$423/mo

Total monthly$4,304

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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