272 Sykes Street For Sale

Meaford, Meaford, N4L 1C7

$695,000

Description

Listed by ROYAL LEPAGE RCR REALTY.

Discover an exceptional real estate gem nestled in the vibrant town of Meaford! This property is a canvas of possibilities, whether you want a primary residence with earning potential, an investment opportunity (Airbnb permitted), or the prospect of launching your own business. Currently, the home has 2 units - in the main unit, a spacious 3-bedroom layout (with the potential for a 4th bedroom/office) and 2 bathrooms, ensuring ample room for comfortable living. Additionally, there's a complete 1-bedroom, 1-bathroom accessory unit featuring separate laundry facilities. Meaford's endorsement of short-term accommodations makes this property a great option for income generation. Zoned as R1-210, this property is versatile and opens doors to various uses such as, for example, establishing a home-based medical clinic or a bed and breakfast or perhaps a daycare centre. There is also potential for diverse uses like multi-unit residential development. Positioned on an expansive lot measuring 176.44 ft x 129.93 ft, there is ample parking and easy accessibility, plus being walking distance to shops, restaurants, and more. Whether you're seeking an excellent investment opportunity, future development potential, or a primary residence with income prospects, this property is it!

Location

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Address: 272 Sykes Street
Neighborhood: Meaford
City: Meaford
State: Ontario
Postal Code: N4L 1C7

Property Details

Property ID: X8333984
Property Price: $695,000
Style: Detached, Bungalow
Rooms: 18
Bedrooms: 4
Bath: 3
Parking Spaces: 8
A/C: Central Air
Basement: Unfinished
Den: Y
Exterior: Concrete
Heating: Water
Fireplace: Y
Taxes: $3,327.27 (2023)
Lot: 130.00x176.00 (Feet)

Room details and dimensions

Prim Bdrm

Size: 18.23
Width: 3.25
Length: 5.61

Kitchen

Size: 10.39
Width: 3.66
Length: 2.84

Living

Size: 10.21
Width: 3.66
Length: 2.79

Bathroom

Size: 4.93
Width: 1.88
Length: 2.62

Mudroom

Size: 5.54
Width: 1.91
Length: 2.90

Office

Size: 13.73
Width: 6.83
Length: 2.01

Exercise

Size: 26.58
Width: 3.43
Length: 7.75

Kitchen

Size: 11.62
Width: 3.63
Length: 3.20

Dining

Size: 9.60
Width: 3.78
Length: 2.54

Sunroom

Size: 14.74
Width: 4.14
Length: 3.56

Living

Size: 30.51
Width: 5.18
Length: 5.89

Prim Bdrm

Size: 19.15
Width: 5.38
Length: 3.56

Statistics for similar Detached homes in Meaford

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Meaford

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.