16 Erieus Street, Bayham, ON

$579,000
MLS#:X11887746
4 beds
2 baths
2.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on January 9, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Port Burwell. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $579,000 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 2 Bathrooms
  • Premium 66 x 165 ft lot size
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Sump Pump, Water Heater Owned
  • Efficient forced air heating via gas

Description

A rare opportunity! Significant historic house and family cottage in the lakeside community of Port Burwell. Lovingly restored by the current owner to its origins in the 1830s while completely modernizing its foundation and amenities. Located on a quiet residential street just two blocks from the beach, and a short walk to eateries, museum and theatre. A tavern during the Rebellion years and then the home of Port Burwell's first lighthouse keeper, it is a rare survival of the early years! Exposed beams and original pine walls and floor in the dining room (former tavern) and kitchen. Restored plaster walls and pine floors in the rest of the house create a bright, summery yet cozy interior. Original 12 over 12 windows, with custom matching storms. 2 fireplaces completely rebuilt in 2011. 4 spacious bedrooms, useable attic. Large cedar back verandah (2018). Napoleon gas heat stove, gas furnace, 200 amp electrical. Walls and attic insulated with two layers of Roxul. 50 year Enviroshake roof 2022. Copper flashing on roof, door surrounds, chimney & foundation. Full height basement excavated 2006, faced above ground with stones from the original footings. New second floor bathroom 2023. Main floor powder room and laundry. Fibre optic internet. Deep and private back and side yards with shade trees and perennial gardens including low walls of stones from the old foundation. The privacy fence is clad in antique barn boards to complement the house. A truly unique combination of historic atmosphere and modern comforts on Lake Erie's shore. Your entrancing new home or year round cottage.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 16 Erieus Street, Bayham is currently for sale and has been available on SousaSells for 659 days. This property is listed at $579,000 with an estimated mortgage of $1,927* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 16 Erieus Street, Bayham is in the Port Burwell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 9, 2025
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementUnfinished, Full
Lot Size66 × 165 Feet
CountyElgin
Annual Tax$1,952.35
Legal DescriptionLt 17 E/S ERIEUS ST PL 12 BAYHAM; BAYHAM

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Sump Pump, Water Heater Owned

Security Features

Community Features

Virtual Tours

Location

Initializing map...
16 Erieus Street, Bayham, ON
Loading local market trends...

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 16 Erieus Street, Bayham, ON N0J 0A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$173,700 (30.0%)
* Minimum Canadian down payment required for this price is $32,900.
Amortization Period30 Years
Estimated Monthly Payment$1,927Based on a loan of $405,300 over 30 years.
Purchase Price$579,000
Loan Amount$405,300
Provincial Land Transfer Tax:$8,055
Total Estimated Closing Taxes:$8,055

About Purchasing a Home in Bayham, ON

For a property listed at $579,000 in Bayham, the legal minimum down payment is $32,900 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 $8,055 for this transaction. As this listing is in Bayham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,055.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Burwell, Bayham.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$458,739

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.