45 Lake Margaret Trail, St. Thomas, ON

$500,000
MLS#:X12247867
2 beds
1 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $500,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 42.09 x 97.21 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Rough-In Bath, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Wonderful Bungalow with Single Car Garage located in Lake Margaret Station! This well-maintained 2 Bedroom, 1 Bathroom home is located in a quiet enclave close walking distance to Lake Margaret, walking trails, Jim Waite Park and a quick 12 minute drive to Port Stanley. The open-concept Main Level has a well-appointed Kitchen which overlooks the Dining Area and Living Room with cozy gas fireplace. The Primary Bedroom is nicely tucked away nearby the 4-piece Bathroom while the 2nd Bedroom could be used as the perfect Home Office or Den. Includes Main Floor Laundry. Outside, there is a Sundeck with privacy fence in a very nice setting. The Basement is unfinished and roughed-in for a Bathroom. Recent updates include: furnace & A/C (2018), roof (2022), attic insulation (2023) and sump pump (2025). Low condo fees include grounds maintenance, grass cutting, snow removal of drive and walkway to your door and more! See multimedia link for 3D walkthrough tour and floor plans. Don't miss this great opportunity!

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 4, 2025
Sold price information is available to members only
Listed Date6/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size42.09 × 97.21 Feet
CountyElgin
Annual Tax$3,776.8
Legal DescriptionUNIT 1, LEVEL 1, ELGIN VACANT LAND CONDOMINIUM PLAN NO. 25 AND ITS APPURTENANT INTEREST. THE DESCRIPTION OF THE CONDOMINIUM PROPERTY IS : BLK 44 PL 11M-116; PT BLK 9 PL 11M-105; PT LT 6 CON 7 YARMOUTH DESIGNATED AS PTS 2, 3, & 8, 11R-8055;S/T TO EASEMENTS AS SET OUT IN SCHEDULE "A" OF DECLARATION LT52390; ST. THOMAS

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Lake/Pond, Park, School

Community Features

Location

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45 Lake Margaret Trail, St. Thomas, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for St Thomas, St Thomas.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

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

Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7

Secondary Schools

Central Elgin
Public201 Chestnut Street, St. Thomas, Ontario, N5R 2B5
5.6
Parkside
Public241 Sunset Drive, St. Thomas, Ontario, N5R 3C2
6.1
St. Joseph’s
Catholic100 Bill Martyn Parkway, St. Thomas, Ontario, N5R 6A7
6.5
Arthur Voaden
Public41 Flora Street, St. Thomas, Ontario, N5P 2X5
2.8

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 45 Lake Margaret Trail 1, St. Thomas, ON N5R 6M5

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$400,000
Monthly Mortgage$2,324
Property Tax (Est.)$315
Utilities & Maint.$350
Total Monthly Cost$2,989

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in St. Thomas.

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.