Welcome to this remarkable investment located in the coveted neighborhood of 664 - Fenwick. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,680,000 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.
1165 Centre Street is a magnificent approximately 9.77 acre property nestled amidst rolling hills just south of Canboro Rd. Close to Fonthill Downtown, Groceries, Shopping, Worship place and Community centre. Easy access to HWY 20. The original schoolhouse, constructed in 1875, received additions in 1956 and 1967, resulting in a total building size of 20,357 square feet. The school's library is situated within the original schoolhouse, while the additions offer a spacious gymnasium with a performance stage, generously sized classrooms, and staff facilities. The expansive school grounds can accommodate full-sized football and soccer fields, a baseball diamond, and two playgrounds. Capital improvements have been made since 2006, including a new roof, lighting upgrades, window replacements, paving, and the installation of an intrusion alarm system. The property also features a septic system and a cistern.
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Data-driven valuation for 1165 Centre Street, Pelham, ON L0S 1C0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Pelham.
About Purchasing a Home in Pelham, ON
For a property listed at $1,680,000 in Pelham, the legal minimum down payment is $336,000 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 $30,075 for this transaction. As this listing is in Pelham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,075.
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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.