61 FALLINGBROOK Drive, Pelham, ON

$749,900
MLS#:X9407495
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 662 - Fonthill. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $749,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 50.12 x 181.56 ft lot
  • Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Practically perfect in every way!! Impeccably maintained and lovingly landscaped! You'll love this very solid 2BR bungalow with everything on one floor! Main floor laundry makes this design super functional! You are greeted with high, vaulted ceilings in the main living area. Cozy up to the beautiful stone hearth fireplace and lookout over the lush yard full of flowers and perennials. The great room is airy and spacious, just what you need for entertaining, but just the right size for a warm inviting feeling. The eat-in kitchen has plenty of cupboards and unique rustic beams that add character to these high ceilings. The primary bedroom is fit for king and queen! You really can live on one floor! If you've been thinking condo, but really still want your own space, this design might be just what you are looking for! The basement adds more living space, another 2 piece bathroom and loads of storage! Situated in a mature neighbourhood in Fonthill, you'll love this location and the quality of this great home! The deep yard can be enjoyed from the covered back deck! Hide away from the sun under this great overhang, or entertain in the midst of the garden under the gazebo. There's just so much to love about this home! See you here soon! You're going to love it here!??

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Property Summary

This detached home located at 61 FALLINGBROOK Drive, Pelham is currently for sale and has been available on SousaSells for 751 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 61 FALLINGBROOK 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
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementPartially Finished, Partial Basement
Lot Size50.12 × 181.56 Feet
CountyNiagara
Annual Tax$4,618.77
Legal DescriptionPCL 172-1 SEC M19; LT 172 PL M19 ; PELHAM

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Security Features

Community Features

Location

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61 FALLINGBROOK 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 61 FALLINGBROOK Drive, Pelham, ON L0S 1E1

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$224,970 (30.0%)
* Minimum Canadian down payment required for this price is $49,990.
Amortization Period30 Years
Estimated Monthly Payment$2,496Based on a loan of $524,930 over 30 years.
Purchase Price$749,900
Loan Amount$524,930
Provincial Land Transfer Tax:$11,473
Total Estimated Closing Taxes:$11,473

About Purchasing a Home in Pelham, ON

For a property listed at $749,900 in Pelham, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,101,493

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.