51456 Pressey Line, Malahide, ON

$599,900
MLS#:X12695368
4 beds
2 baths
1500-2000 sqft
11.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Springfield. Expertly crafted featuring premium metal/steel siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 80.3 x 120.01 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Separate Heating Controls, Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient other heating via gas

This unique and highly versatile property offers the perfect blend of comfortable living, extensive workspace, and income or business potential. The recently renovated 2-bedroom, 1-bath bungalow features brand-new paint, windows, and carpet, creating a fresh and welcoming home ready for immediate occupancy. The standout feature is the impressive 40' x 60' outbuilding, designed to accommodate a wide range of uses. It includes a fully equipped shop with hoist, a large garage, and a beautifully renovated 2-bedroom apartment (2022) complete with a Casey's Kitchen and granite countertops, ideal for rental income, extended family, or on-site staff. Parking is abundant with indoor space for up to 5 vehicles and outdoor parking for at least 6more, making it well-suited for both residential and business needs. Enjoy outdoor living and entertaining on the large concrete patio, plus additional storage in the 10' x 20' shed and second level above the apartment. Zoned VR1-2, this property allows for select commercial or business uses, an excellent opportunity for entrepreneurs, trades, or investors seeking flexibility. Inquire for further zoning details and permitted uses. A rare offering with endless possibilities-live, work, and invest all in one place.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 23, 2026
Sold price information is available to members only
Listed Date1/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionMetal/Steel Siding, Vinyl Siding
Lot Size80.3 × 120.01 Feet
CountyElgin
Annual Tax$3,867
Legal DescriptionPT LT 1 N/S HORNBY ST PL 120 MALAHIDE; PT LT 8 S/S MAIN ST AND W/S CATHARINE ST PL 120 MALAHIDE PT 2 & 3 11R2712; MALAHIDE

Parking & Garage

Parking Spaces11.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeOther
Cooling["None"]

Features

Property Features

Community Features

Location

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51456 Pressey Line, Malahide, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Springfield, Malahide.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$532,600

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Springfield
Public51336 Ron McNeil Line, Springfield, Ontario, N0L 2J0
5.6

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 51456 Pressey Line, Malahide, ON N0L 2J0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$479,920
Monthly Mortgage$2,789
Property Tax (Est.)$322
Utilities & Maint.$350
Total Monthly Cost$3,461

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Malahide.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.