12 Davis Street, Central Elgin, ON

$599,900
MLS#:X11919995
3 beds
1 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Lynhurst. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 460.9 x 276.44 ft lot
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Over 2 acres with a shop and a newly renovated home within Lynhurst; what more could you ask for? Welcome to 12 Davis Street, this newly renovated home sits on a serene 2 acres of land just minutes from downtown St.Thomas. Featuring 3 bedrooms all with brand new carpet, an updated bathroom, updated kitchen, and a bright living room with high ceilings this home is move in ready for the next owners. The property includes a spacious 32 x 32 shop, equipped with a second full kitchen, making it the perfect space for a workshop or secondary dwelling. A bathroom with roughed in plumbing also exists in this space. The wooded area behind the home is where you'll find vast wild life in the evening. Its not uncommon to be greeted by friendly deer at your back door. The property includes an open space for your imagination to wander, whether you want to grow your own produce or add additional buildings there are endless possibilities with this wide open green space. Located just 20 minutes from London and 5 minutes to St.Thomas, this home is perfectly situated for convenience while maintaining the space and privacy of a country lifestyle. Don't miss your chance to own this updated home with a piece of country paradise, book your showing today.

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Property Summary

This detached home located at 12 Davis Street, Central Elgin is currently for sale and has been available on SousaSells for 551 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 12 Davis Street, Central Elgin is in the Lynhurst neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 21, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementNone
Lot Size460.9 × 276.44 Feet
CountyElgin
Annual Tax$4,335
Legal DescriptionPT LT 1-3 BLK D PL 28 ST. THOMAS PT 1 11R7523

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Part Cleared, Ravine, School, Wooded/Treed

Interior Features

Primary Bedroom - Main Floor

Security Features

Smoke Detector

Community Features

Location

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12 Davis Street, Central Elgin, 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 12 Davis Street, Central Elgin, ON N5P 1X8

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 Central Elgin.

Configure Loan Settings

Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Central Elgin, ON

For a property listed at $599,900 in Central Elgin, the legal minimum down payment is $34,990 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 $8,473 for this transaction. As this listing is in Central Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lynhurst, Central Elgin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$703,331

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.