434 MAIN STREET W, Melancthon

$929,900

For sale: Detached

Detached at 434 MAIN STREET W, Melancthon
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X14084410
Neighbourhood
Rural Melancthon

Here is an ideal Investment Opportunity In One Of The Fastest Growing Communities In Ontario. Just at the outskirt of town, a bungalow with in 3.43 acre of land. Main floor 3 bed 1 full bath. Lower level is a full in law suit with a Kitchen and 3 bedrooms. Situated On A Paved Road & Services Available At Street Level. New Homes Being Developed as well as commercial properties nearby. There is a lot of potential.

Sold data

Homes in Rural Melancthon — recent sold market

Homes in Rural Melancthon took a median of 54 days to sell over the last 730 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 93, across 52 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 94 days.

The median sale price was $987,000.

Homes sold for about 3.8% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
55
Median sale price
$987,000
Sale-to-list ratio
96.2%
Sold above asking
4%

Based on 52 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 434 MAIN STREET W