140 Susan Drive, Pelham, ON

$949,900
MLS#:X8426740
4 beds
3 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 25, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 662 - Fonthill. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $949,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 42.98 x 136.06 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

*Power of Sale* Stunning, newly built home featuring over 2,500 sq. ft. of above grade living space on an oversized lot in the exclusive River Estates area of Fonthill. This home features the perfect layout and includes 4 bedrooms, 3 baths, and an open concept living/dining area perfect for a large family or entertaining. Walk-out to huge backyard. Close to amenities including College, Universities, parks and recreation, schools, shopping. Easy access to HWYS 20 and QEW.

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Property Summary

This detached home located at 140 Susan Drive, Pelham is currently for sale and has been available on SousaSells for 766 days. This property is listed at $949,900 with an estimated mortgage of $3,162* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 140 Susan Drive, Pelham is in the 662 - Fonthill neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2024
Sold price information is available to members only
Listed Date6/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Brick
BasementFull, Unfinished
Lot Size42.98 × 136.06 Feet
CountyNiagara
Annual Tax$6,017.8
Legal DescriptionLOT 34, PLAN 59M471 SUBJECT TO AN EASEMENT IN GROSS OVER PART 13, 59R16486 AS IN SN596341 TOWN OF PELHAM

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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140 Susan Drive, Pelham, 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 140 Susan Drive, Pelham, ON L2B 5N5

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 Pelham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$284,970 (30.0%)
* Minimum Canadian down payment required for this price is $69,990.
Amortization Period30 Years
Estimated Monthly Payment$3,162Based on a loan of $664,930 over 30 years.
Purchase Price$949,900
Loan Amount$664,930
Provincial Land Transfer Tax:$15,473
Total Estimated Closing Taxes:$15,473

About Purchasing a Home in Pelham, ON

For a property listed at $949,900 in Pelham, the legal minimum down payment is $69,990 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 $15,473 for this transaction. As this listing is in Pelham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 662 - Fonthill, Pelham.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$993,805

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.