51456 Pressey Line, Malahide, ON

$599,900
MLS#:X12695368
4 beds
2 baths
1500-2000 sqft
11.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Springfield. Expertly crafted featuring premium metal/steel siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 80.3 x 120.01 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • Efficient other heating via gas

Description

This unique and highly versatile property offers the perfect blend of comfortable living, extensive workspace, and income or business potential. The recently renovated 2-bedroom, 1-bath bungalow features brand-new paint, windows, and carpet, creating a fresh and welcoming home ready for immediate occupancy. The standout feature is the impressive 40' x 60' outbuilding, designed to accommodate a wide range of uses. It includes a fully equipped shop with hoist, a large garage, and a beautifully renovated 2-bedroom apartment (2022) complete with a Casey's Kitchen and granite countertops, ideal for rental income, extended family, or on-site staff. Parking is abundant with indoor space for up to 5 vehicles and outdoor parking for at least 6more, making it well-suited for both residential and business needs. Enjoy outdoor living and entertaining on the large concrete patio, plus additional storage in the 10' x 20' shed and second level above the apartment. Zoned VR1-2, this property allows for select commercial or business uses, an excellent opportunity for entrepreneurs, trades, or investors seeking flexibility. Inquire for further zoning details and permitted uses. A rare offering with endless possibilities-live, work, and invest all in one place.

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Property Summary

This detached home located at 51456 Pressey Line, Malahide is currently for sale and has been available on SousaSells for 184 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 51456 Pressey Line, Malahide is in the Springfield neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2026
Sold price information is available to members only
Listed Date1/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionMetal/Steel Siding, Vinyl Siding
BasementCrawl Space
Lot Size80.3 × 120.01 Feet
CountyElgin
Annual Tax$3,867
Legal DescriptionPT LT 1 N/S HORNBY ST PL 120 MALAHIDE; PT LT 8 S/S MAIN ST AND W/S CATHARINE ST PL 120 MALAHIDE PT 2 & 3 11R2712; MALAHIDE

Parking & Garage

Parking Spaces11.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

Separate Heating Controls, Separate Hydro Meter

Security Features

Community Features

Location

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51456 Pressey 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 51456 Pressey Line, Malahide, ON N0L 2J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Malahide, ON

For a property listed at $599,900 in Malahide, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$621,160

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.