141 Mill Street, Melancthon, ON

$275,000
MLS#:X9042299
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0 beds
0 baths
Residential Freehold
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This property was sold on February 12, 2025. This listing is for reference purposes only. to view the sold price.

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Added:Jul 17, 2024(773 days ago)
Updated:Feb 12, 2025(563 days ago)
Last Checked:3 minutes ago

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Melancthon. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $275,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 86.54 x 203.98 ft lot size
  • Notable attributes: None

Description

Vacant lot, in the village of Hornings Mills, address is Mill St, driveway is entering off of Main St. Just South of the Community Hall, by corner of Mill St (River Road) beside 137 Main St Melancthon. Historically had a house on it, no buildings now. Has flat lot with the driveway currently off of Main St. with a slope. Slopes down to the community hall property. Has a well, (not warrantying the well)

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Property Summary

This vacant land located at 141 Mill Street, Melancthon is currently for sale and has been available on SousaSells for 773 days. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 141 Mill Street, Melancthon is in the Rural Melancthon neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Rural Melancthon, Melancthon.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Vacant Land architecture in Rural Melancthon, Melancthon
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 24, 2025
Sold price information is available to members only
AddedJul 17, 2024 (773 days ago)
UpdatedFeb 12, 2025 (563 days ago)
Last Checked3 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size86.54 Ă— 203.98 Feet
CountyDufferin
Annual Tax$520
Legal DescriptionLTS 60 & 61, PL 34A TOWNSHIP OF MELANCTHON

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 141 Mill Street, Melancthon, ON

Q.What is the asking price for 141 Mill Street, Melancthon, ON ?

The current listing price for 141 Mill Street, Melancthon, ON in Rural Melancthon, Melancthon is $275,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 141 Mill Street, Melancthon, ON ?

141 Mill Street, Melancthon, ON is a Vacant Land () featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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141 Mill Street, Melancthon, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Rural Melancthon, Melancthon

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 141 Mill Street, Melancthon, ON L9V 1X5

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Melancthon.

Configure Loan Settings

Interest Rate4.00%
Down Payment$82,500 (30.0%)
* Minimum Canadian down payment required for this price is $13,750.
Amortization Period30 Years
Estimated Monthly Payment$915Based on a loan of $192,500 over 30 years.
Purchase Price$275,000
Loan Amount$192,500
Provincial Land Transfer Tax:$2,600
Total Estimated Closing Taxes:$2,600

About Purchasing a Home in Melancthon, ON

For a property listed at $275,000 in Melancthon, the legal minimum down payment is $13,750 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 $2,600 for this transaction. As this listing is in Melancthon (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,600.

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Rural Melancthon, Melancthon Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,195,925

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%

Best Schools in Rural Melancthon, Melancthon

Elementary Schools

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Secondary Schools

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Rural Melancthon, Melancthon Demographic Home information

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.

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