Renovated Farmhouse with Giant Shop on 1.6 Acres

Property details for 830 Mersea Road 10, Leamington

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 169.72 X 414.75 ft / 1.616 AC
Stories: 2
Parking: Detached Garage, Garage
Heating: Electric, Ductless
Exterior: Aluminum/Vinyl
Ownership: Freehold

This 1900 farmhouse got a full makeover. New drywall, flooring, paint, kitchen, bathroom, and a metal roof. It's bright and clean. The main floor has a primary bedroom, kitchen with eating area, living room, mudroom, laundry, and a 4pc bath. Upstairs, there are two more bedrooms, but only 1 bathroom total. The basement has another two bedrooms. So you get 5 beds, but only one bath. The lot is 1.6 acres, mostly cleared. The real draw is the buildings. There's a renovated detached 2-car garage with new drywall, concrete floor, and metal roof. And the brand-new 40x60 insulated shop. It's got its own 200-amp hydro meter and a 2-piece bath. Boiler's already installed for in-floor heat. Perfect for a workshop, business, or storing toys. Country setting, but close to Leamington. School is 7 km away, Tim Hortons is 10 km. Priced at $724,900. A lot of space for the money.

About 830 Mersea Road 10, Leamington — Property Score

Great Location

Score: 53/100

Value

Priced 20.8% above area median of $599,900 based on 63 comparable properties nearby 39

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

1 bathroom - 2 fewer than similarly priced properties nearby 36

70,391 sqft lot - an oversized lot for the area 90

Location

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

58% of residents hold postsecondary credentials - an above-average education level 69

89% homeownership rate - indicating a stable, owner-occupied community 92

83% of residents commute under 30 minutes - excellent commuter accessibility 96

10/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

Electric, Ductless 50

No cooling system listed - common in cooler climate areas 30

Built in 1900 (126 years old) - established home with character, older than the area average (1984) 35

No premium extras like pool, waterfront, or view 50

Investment

14% renter population - primarily owner-occupied area 46

Quality

Condition

Listing

43 photos provided - 10% more than the area average of 39 photos 92

3 of 7 key property details provided (43%) - some key property details missing 58

* 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.