40 Devon Drive
South Huron, N0M 1S3·MLS® X13537108·
Listing courtesy of Coldwell Banker Dawnflight Realty Brokerage·Updated 6 days ago
Listing price
$299,900
Est. $1,428/mo
Days on market
Listed Jul 8, 2026
Description
Looking For That Brick Bungalow at under $300,000? Now is your opportunity to own a unit in Riverview Meadows, Exeter's premium adult community. Never before have we seen an affordable price like this. The family wants this SOLD!! Thoughtfully designed for comfort and convenience, this home features an open-concept layout that blends the kitchen, dining, and living areas into one cohesive and welcoming space. The kitchen offers bright white cabinetry, ample counter space, and a large island with bar seating perfect for casual dining or entertaining guests. The spacious living room is highlighted by a soaring cathedral ceiling and large windows that fill the space with natural light. The primary suite includes a walk-in closet with built-in shelving and a private ensuite bath, offering everyday comfort and ease. A second bedroom provides flexibility for guests, a home office, or additional living space. Recent updates include hardwood in living room, new flooring in the kitchen and upgraded window coverings. Step outside to a private concrete patio, with access to the community's clubhouse. Located in Riverview Meadows, this home is part of a vibrant adult lifestyle community offering exceptional amenities. Residents enjoy access to a community gazebo, picturesque riverside trails, and a well-equipped clubhouse featuring a fitness room, billiards, shuffleboard, darts, media library, and a large gathering space. With nearby golf, shopping, and hospital services, this is relaxed living at its best. Some pictures have been virtually staged as per the descriptions. Land Lease and property taxes are $1001.18 monthly.
Property details
Garage
1 car Attached
Basement
Crawl Space
Parking
2 spaces
Type
Att/Row/Townhouse — Bungalow
Heating
Forced Air
AI property estimate
63% confidence · 5 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$2,974
First-time rebate
−$2,974
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$500,000
10 Brookside Place, South Huron
Sold$524,900
549 ALBERT Street, South Huron
See all 10 comparables
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Market conditions · Exeter
Avg. sold price
$500,650
Sale-to-list ratio
96.7%
Based on 6 recent comparable sales near this home.
Investment analysis
Est. monthly rent
$1,200
Rental yield
4.8%
Est. cash flow
-$865
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$77,446
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$500,000
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Real Estate Agent
519-859-4579 · colinabbot@gmail.com
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