506 Lower Spring Street, Central Elgin, ON

$1,677,000
MLS#:X8451058
3 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,677,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 25.09 x 280.49 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Sump Pump, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this stunning year-round house in Port Stanley, offering over 2000 square feet of finished living space and boasting the best lake views in the area. As you enter, the sun room captivates with its enormous windows and heated ceramic floor, leading out to the expansive Brazilian Teak deck that overlooks beautifully terraced landscaping. The great room is a masterpiece with its glass block windows, a cozy gas fireplace, hardwood flooring, and an open ceiling that extends to the second floor. A wall of windows and glass doors connects the great room to the sunroom, ensuring breathtaking views of Lake Erie. The open-concept L-shaped kitchen and dining area features maple cabinets, perfect for culinary enthusiasts and entertainers alike. Currently utilized as an office, the third bedroom on the main floor offers flexibility, complemented by a convenient laundry room and a luxurious 4-piece bathroom. Upstairs, the Primary bedroom opens onto a railed landing overlooking the great room and features a vast transom window that frames the stunning lake vista. An additional second bedroom on this level is accompanied by a beautiful 4-piece bath, also showcasing ceramic tile finishes and sunroof. The lower level of the house is fully finished and offers a versatile space that can serve as a family room or a fourth bedroom, complete with large windows that flood the area with natural light. Ample storage space is available to accommodate all your needs. This meticulously designed home combines luxury with comfort, offering unparalleled views and serene surroundings, making it the perfect retreat in Port Stanley.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 24, 2024
Sold price information is available to members only
Listed Date6/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size25.09 × 280.49 Feet
CountyElgin
Annual Tax$7,457.36
Legal DescriptionPT LAKE BEACH PL 160 PORT STANLEY; PT LT 18 PL 160 PORT STANLEY AS IN E163187; S/T E226884; CENTRAL ELGIN

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Lake/Pond

Community Features

Location

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506 Lower Spring Street, Central Elgin, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Rural Central Elgin, Central Elgin.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$740,105

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

John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4
Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5

Secondary Schools

Parkside
Public241 Sunset Drive, St. Thomas, Ontario, N5R 3C2
6.1
St. Joseph’s
Catholic100 Bill Martyn Parkway, St. Thomas, Ontario, N5R 6A7
6.5
Central Elgin
Public201 Chestnut Street, St. Thomas, Ontario, N5R 2B5
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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 506 Lower Spring Street, Central Elgin, ON N5L 1G6

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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Financial Audit

Estimated Costs

Loan Amount$1,341,600
Monthly Mortgage$7,795
Property Tax (Est.)$621
Utilities & Maint.$350
Total Monthly Cost$8,766

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Central Elgin.

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.