89 ARGYLE Street, Melancthon, ON

$699,000
MLS#:X12309036
2 beds
1 baths
1500-2000 sqft
12.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Melancthon. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 230.34 x 264 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient other heating via propane

Description

Nestled on a sprawling 1-acre lot graced with mature trees and lush greenery, this charming 2 bedroom, 1 bathroom bungalow promises a serene and nature-infused lifestyle. Located in a tranquil setting, the property offers a delightful escape from the hustle and bustle of city life. The living room features a massive stone fireplace that exudes warmth and rustic charm. The cathedral ceiling, adorned with wood accents, enhances the room's spacious and inviting atmosphere, making it an ideal space for gatherings, relaxation, and creating lasting memories with loved ones. The kitchen is a bright and welcoming space, illuminated by natural light that streams in through large windows. The center island provides extra seating and the open layout allows for easy interaction with guests while cooking. A unique spiral staircase connects the main floor to the basement, adding a distinctive touch to the home's design. The additional space in the basement can be customized to suit your needs, whether as a recreational area, a home office, or a workshop - the possibilities are endless. The attached 2-car garage has direct access to the basement, which allows for convenience. This property features a large curved driveway with ample space for parking as well as designated areas for vegetable gardens, where you can cultivate your own fresh produce. The expansive backyard is lined with mature trees and backs onto farmer's fields and green space. With the OFSC trail just a stone's throw away and the brand new park nearby, it is an ideal location for connecting with the outdoors. Overall, this home offers the perfect blend of coziness and functionality, making it a place where lasting memories are created.

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Property Summary

This detached home located at 89 ARGYLE Street, Melancthon is currently for sale and has been available on SousaSells for 358 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 2 beds, 1 bathroom, and is 1500-2000 square feet. 89 ARGYLE Street, Melancthon is in the Rural Melancthon neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 18, 2025
Sold price information is available to members only
Listed Date7/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood , Stone
BasementFull
Lot Size230.34 × 264 Feet
CountyDufferin
Annual Tax$3,973.94
Legal DescriptionLT 89 PL 23A TOWNSHIP OF MELANCTHON

Parking & Garage

Parking Total12.0
Parking Space10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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89 ARGYLE Street, Melancthon, 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 89 ARGYLE Street, Melancthon, ON L9V 2N1

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 Melancthon.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Melancthon, ON

For a property listed at $699,000 in Melancthon, the legal minimum down payment is $44,900 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 $10,455 for this transaction. As this listing is in Melancthon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,219,230

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.