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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $649,900 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.
Impressive 2 storey home situated on a large corner lot. Located in northwest St. Thomas with quick access to London and the 401! Very functional main floor plan offering a spacious foyer, open concept plan featuring a living room with a vaulted ceiling and gas fireplace, the updated kitchen has an island with a granite countertop, 2 piece bathroom, and laundry room. Large master suite with a vaulted ceiling, ensuite, and walk-in closet. Finished basement with a rec-room, games room, and 3 piece bathroom. New roof shingles in 2018. New furnace and AC in 2023. The seller is willing to install a fence prior to closing, if needed.
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Data-driven valuation for 2 Edgewell Crescent, Central Elgin, ON N5P 4K7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Central Elgin.
About Purchasing a Home in Central Elgin, ON
For a property listed at $649,900 in Central Elgin, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in Central Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.
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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.