425 Melair Drive, North Dumfries, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of North Dumfries. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,999,999 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 967 x 694 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
13,328 square foot industrial building for sale on 11.14 acres. Building features 9 drive indoors with multiple truck service bays, with inground service pit and a wash bay. Excess land is fully graveled and graded with gated access and lighting throughout. Property also has an onsite fuel station, ideal for a trucking operation. The property is in close proximity to Highway 401 with access via Cedar Creek Rd.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 425 Melair Drive, North Dumfries, ON N0B 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Dumfries, ON
For a property listed at $9,999,999 in North Dumfries, the legal minimum down payment is $2,000,000 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 $236,475 for this transaction. As this listing is in North Dumfries (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $236,475.
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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.