49364 Dexter Line

Introducing a splendid opportunity for both investors and homeowners alike, this charming house for sale in Malahide is situated at 49364 Dexter Line, Malahide, within the picturesque lakeside community of Port Bruce. This delightful bungalow, constructed from sturdy brick, offers a perfect blend of comfort and potential, making it an ideal choice for those seeking a serene lifestyle by the water.

As you approach the property, you'll notice its inviting exterior and well-maintained grounds, set on a generous lot measuring 266 X 99 feet, with additional land ranging from 0.50 to 1.99 acres. The private double driveway provides ample parking space for up to six vehicles, while the attached garage offers convenient access to the home. This house for sale in Malahide is not just a residence; it’s a gateway to a lifestyle filled with outdoor activities and community spirit.

Inside, the bungalow features a well-designed layout with a total of 13 rooms, including three spacious bedrooms and two bathrooms. The main kitchen is perfect for preparing family meals, while the family room invites relaxation and gatherings with loved ones. Although the house is currently unfurnished, it provides a blank canvas for you to personalise and make your own. The finished basement adds extra living space, ideal for a home office, playroom, or additional storage.

One of the standout features of this house for sale in Malahide is the central air conditioning, ensuring a comfortable environment throughout the warmer months. The heating system is powered by forced air, providing efficient warmth during the cooler seasons. With municipal water supply and a holding tank for sewage, you can enjoy modern conveniences in this charming setting.

For those who enjoy connectivity, the property is equipped with internet access, making it easy to stay connected with family, friends, and work. While the house does not feature a fireplace or a central vacuum system, its other amenities more than compensate, offering a practical and comfortable living experience.

The location of 49364 Dexter Line, Malahide, is particularly appealing, as it provides convenient access to the stunning natural beauty of the surrounding area. The proximity to the lake allows for leisurely strolls, boating, and fishing, making it a perfect retreat for nature enthusiasts. The community of Port Bruce is known for its friendly atmosphere and vibrant local culture, making it an ideal place to settle down.

This house for sale in Malahide also presents an exciting investment opportunity. The property includes three one-bedroom cottages that are currently rented on a month-to-month basis, providing a steady income stream for the savvy investor. Whether you choose to retain the existing tenants or occupy the main house yourself, the possibilities are endless. Additionally, the property boasts over 265 feet of river frontage on Catfish Creek, with 10 boat docks accommodating up to 20 slips, and the potential to add more, further enhancing its income-generating capabilities.

In summary, this house for sale in Malahide at 49364 Dexter Line, Malahide, is a remarkable find for anyone looking to embrace a lifestyle of tranquillity while exploring income-generating opportunities. With its appealing features, prime location, and the charm of Port Bruce, this property is a must-see. Don’t miss your chance to own a piece of this idyllic community. Port Bruce, nestled within the charming township of Malahide, is a picturesque lakeside community that offers a serene escape for those seeking a tranquil lifestyle. Located along the shores of Lake Erie, this quaint locale is characterised by its stunning natural beauty, with sandy beaches, lush greenery, and scenic views that change with the seasons. The area boasts a tight-knit atmosphere, where residents can enjoy leisurely walks along the waterfront, partake in various water activities, or simply relax in the peaceful surroundings. With its blend of rural charm and access to modern amenities, Port Bruce presents an inviting opportunity for prospective residents looking to embrace a slower pace of life in a stunning setting.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, stable community with a population of 595 residents as of 2021. The average household size is 2.2, and the community has a relatively mature demographic, with an average age of 48.1 years. The average household income stands at an impressive $102,000, reflecting a prosperous environment, although 7% of the population is classified as low-income. The housing market is robust, with an average property price of $645,000. Socially, 38.46% of residents are single, while 35.29% live in households with children, indicating a mix of family structures. The area is also home to a diverse population, with 14.29% being immigrants. Rental opportunities are limited, with only 4.08% of residents renting their homes, and there are no condominiums in the area. Educational attainment is notable, with 38.78% of residents holding a college or university degree. However, a significant portion of the population, 43.88%, is not in the labor force, suggesting potential challenges in employment engagement. Overall, the area combines a blend of stability, education, and economic potential, making it an appealing location for prospective homeowners.