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Featured
Price Change$1,195,000

516490 County Rd 124 Road

Rural Melancthon, Melancthon

$1,149,900

Detached|Bungalow-Raised
3 | 3 | 10
About this home

Dreaming of country living without sacrificing convenience? Set on a private, 2.17-acre lot with a fully-fenced backyard, just 4 km from Shelburne, this meticulously maintained all-brick bungalow with a two-car garage offers the perfect blend of comfort, space, and lifestyle. Pride of ownership shines throughout, from the inviting living room with a cozy corner fireplace to the stunning open-concept designer kitchen, spacious dining area, and main-floor family room. The primary bedroom features an updated 3-piece ensuite, while the fully finished lower level offers a large recreation room, fourth bedroom, 3-piece bath, potential fifth bedroom, and a spacious laundry & storage room. Recent updates include the fence, natural gas service inside and out, newer windows, broadloom, freshly painted interior, and pool heater. Step outside and enjoy the best of country living with your fur friends, kids, family & friends! With an invisible dog fence, mature trees, breathtaking sunset views, a two-tiered deck, and an above-ground pool. Located minutes from Shelburne Golf & Country Club and close to the amenities of Shelburne and Orangeville, this desirable Melancthon location offers the perfect balance of rural tranquility, recreation, and everyday convenience.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,337
Lot Size262.47 ft x 363.05 ft
mls© NumberX13477646
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,886
Property tax
$361
Heat allowance
$150
Housing costs
$6,397 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $229,980
25-yr amortization

Income needed

$197,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$229,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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