53399 Glencolin Line, Malahide, ON

$1,278,000
MLS#:X9018576
4 beds
3 baths
1500-2000 sqft
12.5 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow farm located in the coveted neighborhood of Rural Malahide. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,278,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 473.48 x 828 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.5 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener, Water Treatment, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

AIRBNB ESTATE? WEDDING VENUE? YOUR OWN PERSONAL NATURAL WILDLIFE RESERVE? Nestled just 20 min south of 401 between Aylmer & Tillsonburg is this 3,500+ sq ft full brick bungalow with walkout basement on 9.5+ acres of PRISTINE park like grounds with 2 giant ponds! Over 4,000 trees were planted and the current owners have brought the trails, lucky Koi pond with waterlilies and small mouth / large mouth / bluegill? ponds to their absolute prime. Classic timeless finishes inside the home feature granite counters with eat-in kitchen beside the living with brick gas fireplace centerpiece overlooking the grounds. Separate dining and upstairs laundry come standard with a 2.5 car garage, 3 beds, full bath for guests and an ensuite with jacuzzi tub. Downstairs flooring has been upgraded awaiting your pool table or extensive hobby beside a rec room with wood fireplace and walkout to flagstone patio. Another open space beside an oversized bedroom, office, full bath and utility room with high efficiency commercial HVAC round the lower level. Relaxing in the pool as friends and family explore your retreat will never be better and PRIVACY IS KEY being completely surrounded by trees while you garden or play with the livestock with A1 Zoning. This is your chance at country paradise in a prime Ontario location!

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Property Summary

This farm located at 53399 Glencolin Line, Malahide is currently for sale and has been available on SousaSells for 738 days. This property is listed at $1,278,000 with an estimated mortgage of $4,254* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 53399 Glencolin Line, Malahide is in the Rural Malahide neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleBungalow
ConstructionBrick
BasementFinished with Walk-Out
Lot Size473.48 × 828 Feet
CountyElgin
Annual Tax$7,534.27
Legal DescriptionCON N GORE N PT LOT 35

Parking & Garage

Parking Spaces12.5
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed, Lake/Pond

Interior Features

Water Softener, Water Treatment, Auto Garage Door Remote

Security Features

Community Features

Location

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53399 Glencolin Line, Malahide, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 53399 Glencolin Line, Malahide, ON N5H 2R3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Malahide.

Configure Loan Settings

Interest Rate4.00%
Down Payment$383,400 (30.0%)
* Minimum Canadian down payment required for this price is $255,600.
Amortization Period30 Years
Estimated Monthly Payment$4,254Based on a loan of $894,600 over 30 years.
Purchase Price$1,278,000
Loan Amount$894,600
Provincial Land Transfer Tax:$22,035
Total Estimated Closing Taxes:$22,035

About Purchasing a Home in Malahide, ON

For a property listed at $1,278,000 in Malahide, the legal minimum down payment is $255,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,035 for this transaction. As this listing is in Malahide (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,035.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Malahide, Malahide.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$972,220

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.