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518306 County 124 Road

518306 County 124 Road

Melancthon, ON

  • 4 bed
  • 3 bath
  • approx. 3000-3500 sqft
  • Detached
  • 79 days on market
$789,000

Commercial/residential opportunity with flexible potential for the right buyer. Previously used as a mechanic shop/store with residential living space, this property offers over 3,000 sq. ft. of finished interior space and a live/work setup, investment opportunity, or project for future use. The property is being sold as is, where is with no representations or warranties. A practical opportunity for someone with vision.

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Listing Details

Taxes (2025)
$1,897
Listed
June 12, 2026

Price History

Property

Style
1 Storey/Apt
Construction
Other
Roof
Metal
Foundation
Poured Concrete, Stone
Interior
Sump Pump, Suspended Ceilings, Water Heater Owned

Parking

Garage
Attached
Covered Spaces
4
Total Parking
14

Utilities

Sewer
Septic
Heat Source
Other

Location & Legal

Cross Street
County Road 21
Zoning
CT/RT
Parcel Number
341420059
Possession
Flexible
Occupancy
Owner

Community

Postal area L0N

Population
2,395
Private dwellings
894
Median age
48.8
Average household size
2.9
Median household income
$118,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Melancthon · last 12 months

Median sold price
$896,000
Homes sold
29
Median days on market
53
Sale-to-list price
93.0%

Based on 29 recorded sales of residential freehold properties in Melancthon over the last 12 months.

Rooms

2-piece on Main, 2 × 4-piece on Main

Main

  • Bathroom7'8" x 6'6"
  • Bathroom7'10" x 10'8"
  • Bathroom5'9" x 9'3"
  • Bedroom 210'4" x 14'4"
  • Bedroom 310'2" x 14'4"
  • Bedroom 413'7" x 14'8"
  • Foyer16'10" x 16'3"
  • Kitchen19'7" x 13'11"
  • Living Room19'3" x 18'1"
  • Primary Bedroom14'6" x 9'3"
  • Recreation

Listed by

RE/MAX ICON REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Mortgage Calculator

$157,800

Estimated Monthly Payment

$3,876

Land transfer tax

Estimated land transfer tax$12,255

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,876/mo (20% down, 5.5%)

Taxes: $158/mo · Insurance: $197/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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