Re-listed 34 days ago

49364 Dexter Line, Malahide, Ontario N5H 2R2

Detached
3
2
~1100-1500 sqft

Sold conditionally $1,249,999

Escape clause

Detached
3
2
~1100-1500 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$985/sqft

Est. Mortgage$5,368/mo

Tax Amount (2024)$4,858/yr

Days On Market34 days

Total Days On Market217 days


Description

Attention Investors and Homeowners! Nestled in a lakeside community with convenient access to the lake, this riverside property on Erie's North Shore offers an exceptional opportunity for both income generation and owner-occupancy. Boasting over 265 feet of river frontage on Catfish Creek, the property includes a beautifully updated brick ranch, ready for move-in, along with three 1-bedroom cottages currently rented month-to-month. Whether you're looking to keep the existing tenants or occupy the main house yourself, the possibilities are vast. The property also features 10 boat docks to accommodate 20 slips, with the potential to add more, creating an additional revenue stream. Ideal for those seeking a peaceful riverside retreat while managing a small rental business on the side, this property provides the perfect balance of lifestyle and income potential. Contact us for more details on current income and future growth opportunities!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size26,355 SqFt(99 x 266.22)
Parking Spaces7
MLS ®NumberX12057540
Community NameMalahide
Data SourceTRREB
Listing byTHRIVE REALTY GROUP INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Kitchen

3.7 x 6.2

Family

4.2 x 4.4

Primary

3.0 x 4.3

2 Pc Ensuite

2nd Br

3.1 x 3.7


Features

Lot size: 26,355 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Property listed by THRIVE REALTY GROUP INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Malahide

Geo Zone Map ThumbnailMalahide

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

56 days

Compared to

2024

46 days

2023

38 days

2022

12 days

New Listings

Past 30 days

32 listings

Compared to

2024

30 listings

2023

30 listings

2022

44 listings

Units sold

Past 30 days

11 units

Compared to

2024

20 units

2023

16 units

2022

39 units

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$556,250

2023

$600,000

2022

$700,000


Population and Demographics

Overview

Total population 17209
Average household income $110,518

Age (%)

0 to 19
28%
50 to 64
19%
20 to 34
18%
65 and plus
18%
35 to 49
17%

Household composition (%)

Single family
74%
Single person
23%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
74%
German
11%
Plautdietsch
8%
Others
3%
Dutch
2%
Low German
1%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget