8518 Townsend Line, Lambton Shores, ON

$459,900
MLS#:X9507551
2 beds
1 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Arkona. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $459,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 70.25 x 165 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Carpet Free, Central Vacuum, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

You will love this fully updated 1.5 storey with a large loft bedroom upstairs with floating shelves and closet. Sunken family room with newer electric fireplace, front living room and dining room and bedroom on main floor. Brand new kitchen 3 years ago with new stainless steel appliances also. Amazing backyard that's fully fenced with large wrap around deck. Hardwood throughout upper and new laminate on main. Roof and most windows are newer. Close to golfing, Rock Glen conservation area, hospitals, library and parks and 30 mins drive to London.

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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 DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size70.25 × 165 Feet
CountyLambton
Annual Tax$2,123.31
Legal DescriptionLT 2 N/S KING ST PL 5 ARKONA; PT LT 3 N/S KING ST PL 5 ARKONA AS IN L379075; LAMBTON SHORES

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Campground, Golf, Greenbelt/Conservation, Park, School

Interior Features

Carpet Free, Central Vacuum, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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8518 Townsend Line, Lambton Shores, ON
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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 8518 Townsend Line, Lambton Shores, ON N0M 1B0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Lambton Shores.

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Interest Rate5.25%
Down Payment$22,995 (5.0%)
* Minimum Canadian down payment required for this price is $22,995.
Amortization Period25 Years
Estimated Monthly Payment$2,604Based on a loan of $436,905 over 25 years.
Purchase Price$459,900
Loan Amount$436,905
Provincial Land Transfer Tax:$5,673
Total Estimated Closing Taxes:$5,673

About Purchasing a Home in Lambton Shores, ON

For a property listed at $459,900 in Lambton Shores, the legal minimum down payment is $22,995 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 $5,673 for this transaction. As this listing is in Lambton Shores (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,673.

Nearby Listings

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No current listings found in Lambton Shores.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Arkona, Lambton Shores.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$554,332

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.