502094 Highway 89
Melancthon (Rural Melancthon), ON L9W 3W8
- 3Bedrooms
- 2Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $4,837Tax
- 277×1,222 ftLot Size
Estimated Value:$895,868See Free Estimate Report
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About 502094 Highway 89, Melancthon, Rural Melancthon
Welcome to 502094 Hwy 89, a move-in ready raised bungalow on 3.05 acres bordering the Grand River. Built in 2010, this Quality Home features 3 spacious bedrooms, 2 baths, and an open-concept layout. Step onto the 12x22 front deck and into a bright living space with a modern eat-in kitchen, breakfast bar, and walkout to a side deck. The lower-level rec room includes a propane fireplace and offers additional living space or potential for a basement apartment with partial finishings. The main-floor laundry room provides direct access to the oversized 2-car attached garage for ultimate convenience. This versatile property is ideal for hobbyists, entrepreneurs, or car enthusiasts, featuring two separate workshops with a 200-amp hydro panel. Shop #1 (24x18) is two levels, perfect for storage or workspace, while Shop #2 (36x30) boasts 14-ft ceilings, concrete floors, and an oil furnace, making it an excellent space for a home-based business, mechanics, or additional storage. With ample parking, direct access to Hwy 89, and a prime location in East Luther Grand Valley, this property is a rare find. Whether you're looking for a private retreat, investment opportunity, or business-ready space, this home offers endless possibilities. Two lots sold together. Don't miss out schedule your private viewing today!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,837
- Land Transfer Tax Fee
- $14,455
Rental Items
- Rental Equipment
- Propane tank & hot water heater (2012)
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Auto Garage Door Remote
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow-Raised
- Approx Age
- 6-15
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 277.43 ft
- Lot Depth
- 1222.39 ft
Inclusions
- Inclusions
- All appliances, all window coverings and blinds, all electrical light fixtures, garden shed, van-ee air exchanger.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Telephone
- Available
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Dining Room—Main level
- Bathroom—Main level
- Bathroom—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Laundry—Main level
- Recreation—Lower level
- Utility Room—Lower level
- Other—Lower level
Washrooms
- 2-piece, Main
- 3-piece, Main
- Municipality
- Melancthon
- Neighbourhood
- Rural Melancthon
- Main cross streets
- HWY 89 West of Shelburne to 502094
- Directions
- HWY 89 West of Shelburne to 502094
- Waterfront
- None
- MLS® number
- X12350392
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-21
- Listed on
- 2025-08-18
- Days on market
- 64 days
- Possession type
- Immediate
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- FOREST HILL REAL ESTATE INC.
Home Market Value
Current home valuation for 502094 Highway 89, Melancthon, Rural Melancthon, Melancthon, ON. Listed for $899,000
HOMEH Estimate
$895,868
Estimated Sales Range
$627,108 - $1,164,628
HOMEH Estimate for 502094 Highway 89, Melancthon, Rural Melancthon
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $399,000 over $500K
$64,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $33,335 | $25,082 | $21,396 | $0 |
=Total mortgage | $866,708 | $834,182 | $785,546 | $719,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,232monthly | $4,073monthly | $3,835monthly | $3,511monthly |
Land Transfer Tax
$14,455
$14,455
Around this home
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