740 Centre Street, Pelham, ON
Property no longer active
This property was sold on March 13, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of 664 - Fenwick. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,600,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 835 x 1356.85 ft lot
- Features a development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Upgraded Insulation, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via ground source
Description
Nestled on 26 acres of serene, untouched nature in the heart of Pelham, this stunning 2,400 sq. ft. home offers the ultimate in peaceful living. A winding driveway leads you to a beautifully maintained 2-storey, 4 bedroom home with attached 2-car garage. Designed with an eye for elegance, the home features a significant architectural addition by renowned architect Tom Arbeck, which includes an open-concept great room/dining area/kitchen with vaulted ceilings, creating an expansive and airy atmosphere. Step out onto the covered deck located off of the great room and take in breathtaking views of your private pond, creek, and surrounding forest of spruce trees. The main house, originally built in 1890, exudes timeless farmhouse charm, with thoughtful updates including the addition of a sunroom and primary bedroom that blend seamlessly with the home's character. Bask in the warmth of the sunroom, retire to the den to relax in the evening, and enjoy the seclusion of cozy bedrooms located on the second floor. A geothermal heating system, installed in 2023, ensures year-round comfort, while a backup generator offers peace of mind. The property also boasts a deep drilled well with an abundant water supply and a septic system that was redone in 1993.Beautifully landscaped with perennial gardens and multiple outdoor seating areas, ideal for relaxing or entertaining while enjoying the natural surroundings. Located in the tranquil setting of Pelham, surrounded by wildlife such as deer and wild turkey, while still having access to modern facilities, this is the best of both worlds.
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Property Summary
This rural residential located at 740 Centre Street, Pelham is currently for sale and has been available on SousaSells for 499 days. This property is listed at $1,600,000 with an estimated mortgage of $5,326* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 740 Centre Street, Pelham is in the 664 - Fenwick neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Greenbelt/Conservation, Golf, River/Stream, Wooded/Treed
Interior Features
Upgraded Insulation, Water Heater Owned
Security Features
Alarm System
Community Features
Location
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 740 Centre Street, Pelham, ON L0S 1C0
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 Pelham, ON
For a property listed at $1,600,000 in Pelham, the legal minimum down payment is $320,000 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 $28,475 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 $28,475.
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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.