601 Lions Park Drive, Strathroy-Caradoc, ON

$545,000
MLS#:X9014425
3 beds
4 baths
1800-1999 sqft
Residential Condo & Other
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This listing is no longer active (Sold)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 2-Storey vacant land condo located in the coveted neighborhood of Mount Brydges. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $545,000 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 4 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient attached garage included
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This pristine end unit is ideally located at the entrance to the complex. It offers an interior flooded with natural light and beautiful view of the park area. The interior has premium finishes including 9 ceilings, hardwood floors on the main, LED pot lights, quartz countertops, porcelain tile in the wet areas and a step saving 2nd floor laundry. The layout boasts approximately 2,000 square feet of floor plan including: 3 bathrooms (no lineups here), 3 spacious bedrooms (the master has an ensuite and a generously sized walk-in closet) plus a lower level family room or guest suite. There are patio doors off the dining room that access a private raised deck accented by a lush deciduous tree making this outdoor retreat very appealing. The location is easy walking distance to Lions Park, Community Centre, Arena and walking trails. Convenient in town shopping or you are just a short 15 minute drive to Strathroy or London. The 402/401 corridor makes highway commuting a breeze.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 21, 2024
Sold price information is available to members only
Listed Date7/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
Architectural Style2-Storey
ConstructionAluminum Siding, Stone
BasementFull, Partially Finished
CountyMiddlesex
Annual Tax$3,283.79

Parking & Garage

Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote

Security Features

Community Features

Location

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601 Lions Park Drive, Strathroy-Caradoc, 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 601 Lions Park Drive 1, Strathroy-Caradoc, ON N0L 1W0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Strathroy-Caradoc.

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Interest Rate5.25%
Down Payment$29,500 (5.4%)
* Minimum Canadian down payment required for this price is $29,500.
Amortization Period25 Years
Estimated Monthly Payment$3,072Based on a loan of $515,500 over 25 years.
Purchase Price$545,000
Loan Amount$515,500
Provincial Land Transfer Tax:$7,375
Total Estimated Closing Taxes:$7,375

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $545,000 in Strathroy-Caradoc, the legal minimum down payment is $29,500 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 $7,375 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,375.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mount Brydges, Strathroy-Caradoc.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$812,980

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.