11031 BELMONT Road, Central Elgin, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $990,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning < 700 sqft on a premium 182.05 x 650 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 14.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Truly one of a kind property - country living with modern setup! This tremendous lot and well maintained all brick ranch features an open concept main floor living with a large eat-in kitchen, great room with gas fireplace and large sliding patio doors leading to the large rear deck with gazebo and hot tub, overlooking the large park like and private rear yard, master bedroom with ensuite privileges, 2 more good sized bedroom, main floor laundry and another 4 pc bath. The lower level is partial finished with a large rec room, office with a walk up to the rear yard, large utility/workshop, den and a 2 pc bath. The very large shop is featured with radiant hot water in floor heating and overhead propane gas heat, 2 powerful compressors insure constant uninterrupted power, tool room and a 3pc bath. 600 volts of electrical service coming into the shop stepped down to 200 amps. The attention to detail and pride of ownership is apparent in this property, a must see and priced to sell!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 11031 BELMONT Road, Central Elgin, ON N5P 3T3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Central Elgin, ON
For a property listed at $990,000 in Central Elgin, the legal minimum down payment is $74,000 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 $16,275 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 $16,275.
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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.
