36 Freeman Lane, 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 $629,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 44 x 104.99 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: ERV/HRV, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
5 year old bungalow in the north west end of St. Thomas. This home is perfectly suited for commuters with an easy and quick commute to London and Hwy 401. 4 good size bedrooms including master with walk-in closet and 4pc ensuite. Open concept main floor featuring living area with gas fireplace, kitchen with center island and eating area with access to rear covered deck. The basement is fully finished with recroom, games room, office, 4th bedroom and 3pc bathroom. Possession is flexible. **EXTRAS** Dishwasher, fridge, washer, dryer in as is condition
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Pricing & Value Insights
Data-driven valuation for 36 Freeman Lane, Central Elgin, ON N5P 4R2
Based on 0 recent similar sales in the pocket.
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 $629,900 in Central Elgin, the legal minimum down payment is $37,990 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 $9,073 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 $9,073.
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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.
