224 Yule Road, Merrickville-Wolford, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey rural residential located in the coveted neighborhood of 805 - Merrickville/Wolford Twp. Expertly crafted featuring premium board & batten and log construction, this residence presents an exceptional opportunity offered at $349,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 2228 x 972 ft lot
- Features a crawl space, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 14.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- Efficient other heating via wood
Description
50 acres of privacy, trees, birds/wildlife and endless opportunities for those willing to bring a tool belt and get to work. Being sold in "AS IS" condition, the house and outbuildings do require some clean up and polishing to bring back their shine. A beautiful property for the hobbyist who would like to garden, have some pets/animals, and utilize the 50 acres of trees, creek, and good soil. The house offers 3 or 4 bedrooms, upstairs with the main bath and the main floor houses the kitchen, laundry, living/dining rooms and wood stove sitting area. Large "summer kitchen or lien-to" on the back of the house. Huge barn/garage building and a smaller shed outbuilding. Property has a drilled well and functioning septic system. Currently in a state of unfinish, the house has recently seen a new front picture window, a few other window replacements, and some foundation work. School bus pick up at the end of the driveway. Strong internet reception.
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Property Summary
This rural residential located at 224 Yule Road, Merrickville-Wolford is currently for sale and has been available on SousaSells for 503 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 224 Yule Road, Merrickville-Wolford is in the 805 - Merrickville/Wolford Twp neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 224 Yule Road, Merrickville-Wolford, ON K0G 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Merrickville-Wolford, ON
For a property listed at $349,900 in Merrickville-Wolford, the legal minimum down payment is $17,495 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 $3,724 for this transaction. As this listing is in Merrickville-Wolford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.
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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.