174 Melissa Crescent, Wellington North, ON

$499,000
MLS#:X9300393
4 beds
1 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 13, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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 1 Bathroom
  • Premium 30.02 x 110.02 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

ATTENTION FIRST TIME HOMEBUYERS AND THOSE LOOKING TO DOWNSIZE. This 4-bedroom bungalow is the perfect home for you! This home has been lovingly upgraded and maintained and is move-in ready with just the large lower-level rec room awaiting your imagination. Situated on a tree lined street in the peaceful town of Mount Forest within walking distance to the recreation centre & parks. The main level with neutral colours features open concept living with an updated kitchen w/ centre island and walkout to your garage. The spacious primary bedroom full of natural light features patio doors (2024) leading to an extra-large composite deck and fully fenced backyard. Perfect for relaxing on those warm summer/fall days. Two extra bedrooms w/ great sized closets & vinyl flooring complete this level. In the lower level you will find lots of storage, a laundry room, 4th bedroom and separate area with lots of space to make it your own

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Property Summary

This detached home located at 174 Melissa Crescent, Wellington North is currently for sale and has been available on SousaSells for 680 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 4 beds, 1 bathroom, and is unknown square feet. 174 Melissa Crescent, Wellington North is in the Mount Forest neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 13, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size30.02 × 110.02 Feet
CountyWellington
Annual Tax$2,516.9
Legal DescriptionPT LT 2 PL414 MOUNT FOREST PT 2 60R3491; WELLINGTON NORTH

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Hospital, Place Of Worship, Rec./Commun.Centre, School, Park

Interior Features

None

Security Features

Community Features

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Location

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174 Melissa Crescent, Wellington North, 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 174 Melissa Crescent, Wellington North, ON N0G 2L3

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 Wellington North.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Wellington North, ON

For a property listed at $499,000 in Wellington North, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Wellington North (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mount Forest, Wellington North.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$619,621

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

No elementary schools data loaded.

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.