7 Ripley Lane, St. Thomas, ON

$549,000
MLS#:X10423546
3 beds
2 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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 2000-2500 sqft on a premium 40 x 100 ft lot
  • Features a ["partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Auto Garage Door Remote, Floor Drain, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 7 Ripley Lane, St. Thomas, located within a 5 minute walk to the Elgin Center, a 5 minute drive to access to Highbury, and a ten minute drive to the new Volkswagen Battery Plant. This well built 3 bedroom bungalow features some beautiful maple strip hardwood in living, dining, and primary bedroom, large windows providing tons of light, and side door entrance that allows direct access to the lower level, providing a great opportunity, with some minor renovation, to offset the mortgage with an income suite. For those of you that love wood, the vintage slab wood doors, trim, and baseboards offer super easy care; for those of you that like an more modern look, a refresh with some white paint could be an option to lighten things up. Outside a screened in carport and fully fenced backyard are great for your small kids or furry friends, or just enjoying your coffee in inclement weather. Please note, both the dishwasher on main level, and gas fireplace on lower level are not operational, but everything else is move-in ready.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 16, 2025
Sold price information is available to members only
Listed Date11/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size40 × 100 Feet
CountyElgin
Annual Tax$3,211.26
Legal DescriptionPCL 3-1 SEC 11M34; LT 3 PL 11M34 ST. THOMAS; S/T YM32104; ST. THOMAS

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeCarport

Heating & Cooling

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

Features

Property Features

Fenced Yard, Hospital, Place Of Worship, Public Transit, School Bus Route

Community Features

Location

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7 Ripley Lane, St. Thomas, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7 Ripley Lane, St. Thomas, ON N5R 5X1

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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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.
Financial Audit

Estimated Costs

Loan Amount$439,200
Monthly Mortgage$2,552
Property Tax (Est.)$268
Utilities & Maint.$350
Total Monthly Cost$3,170

Strategic Fiscal Clarity

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