152 Merritt Rd

Pelham, L3B 5N5
FOR SALE
$1,249,900
152 Merritt Rd, Pelham
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
X8297660
MLSID
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Property Description
Situated on two acres with a breathtaking home that has been beautifully updated, this property is genuinely special and offers the complete package. Tucked away, yet only moments from town, the most ideal blend of privacy and convenience await you at 152 Merritt Road. As you arrive, the paved driveway guides you through the front of this majestic property. Be sure to take note of the gorgeous landscaping and the abundance of privacy - a true retreat. The layout of this home is simply splendid. Complete with both main floor living and family rooms, there is certainly no shortage of space to entertain or for a large family to spread out. Tastefully updated and flowing seamlessly into the dining room, with a convenient breakfast bar, as well as plenty of counter and storage space, the kitchen is the heart of this home and is an absolute delight. Beyond the kitchen is the family room that is sure to be a favourite of many. Positioned at the back of the home with ample windows, this space offers stunning views of the surrounding acreage. With direct access to the spacious back deck, that features a natural gas line for your barbecue, summer entertaining is bound to be in your future! The main floor is complete with a dedicated laundry/mud room, with convenient access to the attached garage, and a 3-piece bathroom. Featuring breathtaking views of the private, gorgeous property, the second level is where you will find three bedrooms, as well as the 4-piece bath with convenient ensuite privilege to the primary bedroom. With a finished basement, the lower level of this home offers a recreation room with a cozy gas fireplace, home office, plenty of storage space, a cold room and a large partially finished bonus room at the back of the home with a walk-up to the back yard. The enchantment continues outside where you will find the lovely pond, trails and quaint outbuilding. You're invited to have it all, come make this wonderful property a chapter in your family's story!
Property Details
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
200' x 436'
Acreage
2-4.99
Fronting
South
Taxes
$6,438 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain8.50' x 15.75'
KitchenMain12.50' x 13.68'
LivingMain21.33' x 12.60'
FamilyMain22.83' x 15.85'
BathroomMain7.74' x 4.17'3 Pc Bath
LaundryMain6.27' x 7.51'
Br2nd10.50' x 12.17'
Br2nd10.60' x 8.60'
Prim Bdrm2nd15.91' x 11.68'
Bathroom2nd7.51' x 11.75'4 Pc Bath
RecBsmt15.58' x 20.93'
OfficeBsmt10.24' x 14.67'
Pelham Market Statistics
Pelham Price Trend
152 Merritt Rd is a 3-bedroom 2-bathroom home listed for sale at $1,249,900, which is $213,900 (20.6%) higher than the average sold price of $1,036,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Pelham increased by $256,000 (32.8%) compared to the previous 30 day period (March 15 - April 13) and up $96,000 (10.2%) from the same time one year ago.
Inventory Change
There were 13 3-bedroom homes listed in Pelham over the last 30 days (April 14 - May 13), which is up 550.0% compared with the previous 30 day period (March 15 - April 13) and up 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Pelham typically sold ($25,750) (2.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $3,750 decrease compared to the previous 30 day period (March 15 - April 13) and ($24,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Pelham over the last 30 days (April 14 - May 13) stood at 46.2%, down from 400.0% over the previous 30 days (March 15 - April 13) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Pelham stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc.
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