69 MADDISON ST Street, West Perth, ON

$425,000
MLS#:X10780857
4 beds
1 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 6, 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 Monkton. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $425,000 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
  • Generous living space spanning 1100-1500 sqft on a premium 54 x 132 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Propane Tank, Water Treatment, Water Heater
  • Efficient forced air heating via oil

Description

"PROPERTY SOLD FIRM PENDING DEPOSIT". A charming two story red clay brick home nestled in the serene community of Monkton, Ontario. Boasting approximately 1500 sq. ft. of living space, this treasured family home radiates character and charm, offering a unique opportunity for prospective buyers. Previously a long-serving family home for 53 years, this residence is now poised for its next chapter, awaiting a new owner ready to infuse it with fresh energy and vision. Ideal for first-time homebuyers seeking a project to make their own or contractors looking to restore and enhance a piece of Monkton's history. Featuring 4 bedrooms with one used as a sewing room on the second floor, this well-maintained property offers the perfect setting for comfortable family living. Additionally, the home boasts a magnificent attic space, primed for development, providing a versatile area for further customization and expansion. Set on a generous town lot, this property provides a tranquil retreat from city life, offering a peaceful and idyllic lifestyle in Monkton. This residence has the potential to be transformed into a dream home that reflects your unique style and preferences and realize the potential of this cherished family abode. Embrace the character, embrace the charm, and embark on a renovation journey to create that opportunity to blend history with modernity in the heart of Monkton.

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Property Summary

This detached home located at 69 MADDISON ST Street, West Perth is currently for sale and has been available on SousaSells for 757 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 4 beds, 1 bathroom, and is 1100-1500 square feet. 69 MADDISON ST Street, West Perth is in the Monkton neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementUnfinished, Full
Lot Size54 × 132 Acres
CountyPerth
Annual Tax$1,515.38
Legal DescriptionPT LOT 14, CONCESSION 16 LOGAN , AS IN R156148 ; WEST PERTH

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Propane Tank, Water Treatment, Water Heater, Water Heater Owned

Security Features

Community Features

Location

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69 MADDISON ST Street, West Perth, 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 69 MADDISON ST Street W, West Perth, ON N0K 1P0

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 West Perth.

Configure Loan Settings

Interest Rate4.00%
Down Payment$127,500 (30.0%)
* Minimum Canadian down payment required for this price is $21,250.
Amortization Period30 Years
Estimated Monthly Payment$1,415Based on a loan of $297,500 over 30 years.
Purchase Price$425,000
Loan Amount$297,500
Provincial Land Transfer Tax:$4,975
Total Estimated Closing Taxes:$4,975

About Purchasing a Home in West Perth, ON

For a property listed at $425,000 in West Perth, the legal minimum down payment is $21,250 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 $4,975 for this transaction. As this listing is in West Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Monkton, West Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$524,087

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.