Acre Lot Bungalow with Two Garages in Leamington

Property details for 717 Mersea Rd 6 Road E, Leamington

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 101 x 428 FT
Stories: 1
Basement: Crawl space, None, Other, See Remarks, N/A
Parking: Detached Garage, Garage
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Cooling: None
Exterior: Aluminum siding
Ownership: Freehold
Annual Taxes: $4,216 (2025)

This 3-bed, 1-bath bungalow sits on a 101 x 428 ft lot (just under an acre) with mature trees. The aluminum siding is in good shape, and inside you'll find two fireplaces plus a family room with a gas fireplace. There are actually two garages: an attached one and a detached one with a shed. Parking for six cars, so plenty of room for toys or guests. The basement is mostly crawl space, no need to worry about flooding. Heat comes from baseboard plus forced air (dual system), and the furnace and hot water tank are owned and recent. Shingles and insulation have been upgraded too. The kitchen has a vegetable garden out back. Septic system but municipal water, so no well to maintain. Taxes run $4,215 annually. Just 1.6 km to Mount Carmel Blytheswood Public School, with Tim Hortons, restaurants, and Colasanti's Tropical Gardens nearby. Active listings in the area are sparse, with a median price around $1M, so this one at $595k is priced to move. Good investment potential if you're looking to add sweat equity.

About 717 Mersea Rd 6 Road E, Leamington — Property Score

Great Location

Score: 62/100

Value

Priced 0.8% below area median of $599,900 based on 73 comparable properties nearby 71

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

43,228 sqft lot - an oversized lot for the area 90

Location

$79K median household income - near the Canadian average of $70K 69

71% of residents hold postsecondary credentials - a highly educated neighbourhood 80

78% homeownership rate - indicating a stable, owner-occupied community 85

72% of residents commute under 30 minutes - excellent commuter accessibility 87

27/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 45 days on market 100

-37.1% median price change over 1 month - declining prices in the area 1

33 months of housing supply - 99 active listings with 3 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4 spots 95

Crawl space, None, Other, See Remarks, N/A basement 50

efficient gas forced air heating 80

None 30

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.71% effective tax rate ($4,215/yr) - below the Canadian average of ~1% 79

24% renter population - primarily owner-occupied area 59

Quality

Condition

Listing

13 photos provided - below the area average of 39 photos 75

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.