8835 Plank Road, Bayham, ON

$645,000
MLS#:X11965908
5 beds
2 baths
2000-2500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey rural residential located in the coveted neighborhood of Rural Bayham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $645,000 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 80.24 x 200.55 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 8835 Plank Rd., nestled just outside the charming community of Straffordville, where you'll find all the essentials nearby. Conveniently located only 15 minutes from Tillsonburg and Aylmer, this 1.5 story home offers the perfect blend of comfort and functionality. The main floor features two spacious bedrooms, a beautifully renovated 4 piece bathroom, and an additional half bath. The large, updated kitchen boasts new cabinetry, ideal for any size family, large or small. A third room, previously used as a bedroom, is now a versatile storage space, easily converted back to a bedroom if required. Upstairs, you'll find a large bedroom, while downstairs offers even more potential with a second full kitchen, two additional bedrooms. laundry area, and plenty of storage space. This lower level could easily function as an in-law suite or offer additional living space for you family. Set on just under half an acre of land, the property is enhanced with mature trees and meticulously landscaped grounds. A detached two-car garage offers ample space for vehicles and extra storage, while a heated workshop with an oil furnace provides the perfect setting for hobbies or small projects. Don't miss out on this wonderful property -

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Property Summary

This rural residential located at 8835 Plank Road, Bayham is currently for sale and has been available on SousaSells for 529 days. This property is listed at $645,000 with an estimated mortgage of $2,147* per month. It has 5 beds, 2 bathrooms, and is 2000-2500 square feet. 8835 Plank Road, Bayham is in the Rural Bayham neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 26, 2025
Sold price information is available to members only
Listed Date2/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeRural Residential
Architectural Style1 1/2 Storey
ConstructionBrick
BasementFinished, Full
Lot Size80.24 × 200.55 Feet
CountyElgin
Annual Tax$3,628
Legal DescriptionPT lT 123 CON STR BAYHAM PT 1 & 2 11R589; bAYHAM

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Level, School, School Bus Route

Interior Features

In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned, Water Meter, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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8835 Plank Road, Bayham, 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 8835 Plank Road, Bayham, ON N0J 1Y0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$193,500 (30.0%)
* Minimum Canadian down payment required for this price is $39,500.
Amortization Period30 Years
Estimated Monthly Payment$2,147Based on a loan of $451,500 over 30 years.
Purchase Price$645,000
Loan Amount$451,500
Provincial Land Transfer Tax:$9,375
Total Estimated Closing Taxes:$9,375

About Purchasing a Home in Bayham, ON

For a property listed at $645,000 in Bayham, the legal minimum down payment is $39,500 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 $9,375 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 $9,375.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$767,097

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.