Homula Realty Brokerage
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8 Mel Street, South Bruce, ON N0G 2J0

3+2 beds · 3 baths · 1 kitchen · 11+6 rooms · 6 parking spaces · 1500-2000 sq ft · Laundry on the main level level · Detached
$799,900
Property tax
$6,003 / year

This is a stunning home that was built in 2022 and offers over 3000 sq. ft. of finished living space the open concept design has been constructed and finished with high end quality. Your firstly greeted with a beautiful timber frame front porch, that's complimented by beautiful stone work. As you enter the home, the open concept is very inviting, along with the vaulted ceilings, luxury flooring , 2 massive sliding doors that lead to the timber frame covered rear deck are on each side of the fireplace in the living room. Sit and enjoy the fireplace on those stormy winter days and also enjoy all the natural light that floods in. Main level has primary bedroom with a beautiful en suite bath and large walk in closet. Two additional bedroom and 4pc bath are situated on the opposite of the home. Lower level has a spacious rec room with roughed in for a wet bar, 2 additional bedrooms, 4 pc bath, exercise room, cold cellar and stellar mechanical room. Appliance package included (3 years old) double concrete drive, custom blinds on all windows. This is a beautiful home that you would be proud to call home!

MLS number
X13062200
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
N0G 2J0
Photos
49
Laundry
Main Level level
136days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Mildmay-Carrick Central School
Bluewater DSB
Elementary127 m7.8 / 10
78% met the standard
Sacred Heart School
Bruce-Grey CDSB
Elementary660 m8.3 / 10
83% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 746 people.

$94,000Median household income
85.7%Own their home
86.8%Detached houses
38.4Median age
1.3%Born outside Canada
17.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410218 — the few blocks around this address, home to 746 people. It describes the area, not this property.

746Population
38.4Average age
2.8Household size
$110,000Average household income
$94,000Median household income
86%Own their home
14%Rent
0%Condominiums
1%Born outside Canada
17%University degree
$628,000Average home value
10%Low income
53%Not in the labour force
24%Never married
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9993%
$45,000 to $49,9991%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9996%
$100,000 and over31%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,9999%
$200,000 and over6%

Percentages are of the 385 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,980 · minimum here is $54,990
$3,541.78per month
Borrowed before insurance$639,920
Total borrowed$639,920
Interest over 25 years at 4.5%$422,615

If you rented it out

-$4,042.03per month out of pocket
Rent$0.00
Everything it costs to hold$4,042.03
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Coldwell Banker Peter Benninger Realty. Listing data provided by the Toronto Regional Real Estate Board.