93 Optimist Drive, Southwold, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Southwold. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 54.03 x 148.25 ft lot
- Features a unfinished 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome like brand new home and is ready for you to move in at any time. Just a few, minutes from the 401, St. Thomas, and London makes it ideal for commuting. Entering the home you are greeted by a bright and spacious foyer with ceramic tiles. The main floor has one study room, laundry room, and garage access. The main living space offers a great layout with 10-foot ceilings in the dining/living room, floor-to-ceiling windows, a gas fireplace, and plenty of pot lights. Just to the side is a well-appointed kitchen including a walk-in pantry, and patio doors to the backyard. The 2nd floor has 4 bedrooms including the Master bedroom and 1 extra 3-piece washroom. The basement is framed and awaits your finishing touch to make it your very own. Development potential in the basement includes; 2 bedrooms, 1 full bathroom, and a large family room.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 93 Optimist Drive, Southwold, ON N5P 3T2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Southwold, ON
For a property listed at $799,000 in Southwold, the legal minimum down payment is $54,900 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 $12,455 for this transaction. As this listing is in Southwold (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,455.
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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.
