Sold for:Sold Feb 11, 2025
$579,000

531 Park Avenue

Shelburne, ON L9V 3A6

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 531 Park Avenue, Shelburne

2025-02-03
2025-02-11
Sold
Price
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MLS#
x11952591

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 531 Park Avenue, Shelburne

Welcome to 531 Park Avenue, Shelburne A Home with Endless Potential! This 3+1 bedroom, 1+1 bath raised bungalow is situated in a prime family-friendly neighborhood, just steps from the elementary school and recreation center, and a short walk to the high school, Greenwood Park & Splash Pad, and shopping. Perfect for families, investors, or first-time buyers, this home offers exceptional value and versatility. The main floor features a bright, functional layout with a walkout from the kitchen to the back deck, patio & yard perfect for outdoor gatherings. The lower level includes a 1-bedroom in-law suite with a private entrance via the garage, providing a great space for extended family, guests, or potential rental use, subject to municipal bylaws and approvals. With its adaptable layout and convenient location, 531 Park Avenue is ready for its next chapter. Add your personal touches and make this house your home! Don't miss this fantastic opportunity, book your private showing today! **EXTRAS** Roof approx. 6 yrs, Garage Door, Driveway, Eaves & Soffits approx. 2 yrs. Basement Fridge & Stove are newer.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,420
Land Transfer Tax Fee
$8,055

Rental Items

Rental Equipment
Hot Water Heater $28.87/mo Enercare & Furnace $109.19/mo Ontario Energy Group see attached feature sheet for furnace buyout details
Under Contract
Hot Water Heater, Other

Basement Type
Apartment, Walk-Up

Interior Features

Laundry Level
Lower Level
Interior Extras
Auto Garage Door Remote, Carpet Free, In-Law Suite
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped
Pool
None
Property Features
Fenced Yard, Park, Rec./Commun.Centre, School
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
Bungalow-Raised
Approx Age
31-50

Construction

Exterior Finish
Brick Front, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
44.29 ft
Lot Depth
104.99 ft
Lot Shape
Rectangular

Inclusions

Inclusions
Existing 2 Fridges, 2 Stoves, 1 Built-In Dishwasher, 1 Washer & 1 Dryer, Bathroom Mirrors, All Window Coverings, All Electric Light Fixtures, All Appliances in As Is Condition.

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3 + 1
Washrooms
2
Kitchens
2

Room sizes

  • Living Room—
    Main level, Hardwood Floor, Large Window
  • Kitchen—
    Main level, Tile Floor, W/O To Deck, Eat-in Kitchen
  • Bedroom 2—
    Main level, Laminate, Large Window, Closet
  • Primary Bedroom—
    Main level, Laminate, Large Window, Double Closet
  • Bedroom 3—
    Main level, Laminate, Window, Closet
  • Bathroom—
    Main level, 4 Pc Bath, Tile Floor
  • Kitchen—
    Basement level, Vinyl Floor, Backsplash, Pot Lights
  • Living Room—
    Basement level, Laminate, Gas Fireplace, Above Grade Window
  • Bedroom—
    Basement level, Vinyl Floor, Above Grade Window, Closet
  • Utility Room—
    Basement level, Combined w/Laundry, Above Grade Window, Unfinished
  • Bathroom—
    Basement level, Vinyl Floor, Above Grade Window, 3 Pc Bath

Washrooms

  • 4-piece, Main
  • 3-piece, Basement

Municipality
Shelburne
Neighbourhood
Shelburne
Main cross streets
Hwy 10 to Robert St to Park Ave
Zoning
R3

MLS® number
X11952591
Data source
Toronto Regional Real Estate Board
Status change
2025-02-11
Listed on
2025-02-03
Days on market
8 days
Possession type
45-60 days
Co-op commission
2.5% with Thanks
Seller
Listed by
Royal LePage RCR Realty

Home Market Value

Current home valuation for 531 Park Avenue, Shelburne, Shelburne, ON. Listed for $579,000

HOMEH Estimate

?

$489,704

Estimated Sales Range

?

$386,866 - $592,542

HOMEH Estimate for 531 Park Avenue, Shelburne

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$489,704Medium confidence
Based on 14 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Shelburne, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $79,000 over $500K

Minimum down payment

$32,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$21,840$16,154$13,780$0
=Total mortgage
$567,837$537,254$505,930$463,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,772monthly$2,623monthly$2,470monthly$2,262monthly
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Land Transfer Tax

Provincial

$8,055

Total Land Transfer Tax

$8,055

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
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