515 Ridge Road, Meaford, ON

$1,199,000
MLS#:X12200979
4 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Meaford. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,199,000 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 80 x 254.94 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Meaford Custom Home Luxury, Quality & Sophistication This meticulously maintained custom bungalow offers a flowing layout filled with warmth and elegance. Hardwood floors span the main level, seamlessly connecting the living spaces. At the heart of the home is a spacious living room, centered around a cozy gas fireplace perfect for entertaining or relaxing evenings. The kitchen is a chef's dream with beautiful cabinetry, a large center island, and picturesque views of the backyard oasis. The main floor features a luxurious primary bedroom retreat complete with a walk-in closet and a spa-like ensuite bathroom. Downstairs, the fully finished basement is designed for family and guests, featuring two generous bedrooms and an expansive entertainment area. A large two-car garage provides interior access as well as direct access to the laundry room and side yard. Step outside to a beautifully landscaped backyard and enjoy your private garden sanctuary with a stunning waterfall, tranquil pond, mature trees, and a scenic ravine lot. The stone driveway adds to the home's curb appeal and charm. Located just minutes from downtown Meaford, historic Meaford Hall, the waterfront and marina, local apple orchards, wineries, and scenic hiking, biking, and walking trails. A short drive takes you to Thornbury, Blue Mountain Village, and the ski hills, making this a perfect year-round escape. Truly a remarkable find where luxury meets lifestyle in the heart of quaint Meaford.

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Property Summary

This detached home located at 515 Ridge Road, Meaford is currently for sale and has been available on SousaSells for 405 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 515 Ridge Road, Meaford is in the Meaford 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

StatusSold
Sold DateJune 16, 2025
Sold price information is available to members only
Listed Date6/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished
Lot Size80 × 254.94 Feet
CountyGrey County
Annual Tax$5,392
Legal DescriptionPT LT 1701 PL 309 MEAFORD PT 1 16R3152; MEAFORD, COUNTY OF GREY

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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515 Ridge Road, Meaford, 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 515 Ridge Road, Meaford, ON N4L 1L9

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$359,700 (30.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period30 Years
Estimated Monthly Payment$3,991Based on a loan of $839,300 over 30 years.
Purchase Price$1,199,000
Loan Amount$839,300
Provincial Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$20,455

About Purchasing a Home in Meaford, ON

For a property listed at $1,199,000 in Meaford, the legal minimum down payment is $239,800 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 $20,455 for this transaction. As this listing is in Meaford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$961,386

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

Georgian Bay
Public197799 Grey Road 7, Meaford, Ontario, N4L 1W7
3.3

Secondary Schools

Georgian Bay
Public197799 Grey Road 7, Meaford, Ontario, N4L 1W7
6.9

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.