517 ST LAWRENCE Street, Merrickville-Wolford, ON

$539,000
MLS#:X9517615
3 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 804 - Merrickville. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $539,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 38 x 120 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Water Heater Owned
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, Nestled on a stunning lot steps from "The Village's" best features, this renovated home seamlessly blends historic charm with modern convenience. Layout boasts a separate living room & dining room, generous kitchen, + a main-floor powder room / laundry. Modern kitchen offers delightful garden views. Upstairs, the flexible layout currently features 2 bedrooms + a den (easily revert to 3 bedrooms) plus a full bathroom w tub/shower. This home has - character of hardwood + pine floors, wide baseboards & original door casings, gracious staircase w period spindles. Outside, a new patio, landscaped garden, (fully fenced backyard) perfect for dining Alfresco. 2 storage sheds, resurfaced driveway, plus freshly painted exterior. Updated plumbing & electrical, insulated basement with dry storage, a hot water tank, water softener, and furnace—no rental fees! Hi-speed internet is available, making this home as practical as it is charming., Flooring: Softwood, Flooring: Hardwood

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Property Summary

This detached home located at 517 ST LAWRENCE Street, Merrickville-Wolford is currently for sale and has been available on SousaSells for 691 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 517 ST LAWRENCE Street, Merrickville-Wolford is in the 804 - Merrickville neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 31, 2024
Sold price information is available to members only
Listed Date8/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Other
BasementUnfinished
Lot Size38 × 120
CountyLeeds and Grenville
Annual Tax$2,295
Legal DescriptionPlan 6 PT LT 127 PL 6 MERRICKVILLE AS IN PR169347; MERRICKVILLE-WOLFORD

Parking & Garage

Parking Spaces2.0
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Wooded/Treed, Fenced Yard

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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517 ST LAWRENCE Street, Merrickville-Wolford, 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 517 ST LAWRENCE Street, Merrickville-Wolford, ON K0G 1N0

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 Merrickville-Wolford.

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Interest Rate4.00%
Down Payment$161,700 (30.0%)
* Minimum Canadian down payment required for this price is $28,900.
Amortization Period30 Years
Estimated Monthly Payment$1,794Based on a loan of $377,300 over 30 years.
Purchase Price$539,000
Loan Amount$377,300
Provincial Land Transfer Tax:$7,255
Total Estimated Closing Taxes:$7,255

About Purchasing a Home in Merrickville-Wolford, ON

For a property listed at $539,000 in Merrickville-Wolford, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$608,844

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.