15 Timberlane Crescent, Central Elgin, ON

$679,900
MLS#:X11996429
3 beds
3 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 15, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $679,900 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 15 Timberlane Crescent, a well-kept bungalow with an oversized one-car attached garage. This spacious home boasts the following on the main level: an inviting foyer, spacious kitchen with an island and access to the rear yard and open to the dining room area, large living room (hardwood flooring), cozy family room (hardwood flooring) with a gas fireplace and access to the rear deck with a hot tub ("as is" condition) and a fenced yard. A good-sized primary bedroom with a four-piece cheater ensuite and skylight (updated vanity and flooring), two other spacious bedrooms, main floor laundry and a 2 piece bath. Moving to the lower level is a large rec-room area, office/den and a large storage area, plus a three-piece bathroom. Home is located on a quiet area and is located in the Southwold Elementary School District. Some updates are the following: fridge, stove, dishwasher (2021). Furnace and central air (2022). The sprinkler system on property never used. Easy access to London. A must to see! This spacious home is truly a great family home!

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Property Summary

This detached home located at 15 Timberlane Crescent, Central Elgin is currently for sale and has been available on SousaSells for 502 days. This property is listed at $679,900 with an estimated mortgage of $2,263* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 15 Timberlane Crescent, Central Elgin is in the Rural Central Elgin neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateApril 15, 2025
Sold price information is available to members only
Listed Date3/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Aluminum Siding
BasementPartially Finished
CountyElgin
Annual Tax$4,919.7
Legal DescriptionPCL 24-1 SEC 11M53; LT 24 PL 11M53 YARMOUTH; CENTRAL ELGIN

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Central Vacuum, Sump Pump

Security Features

Community Features

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Location

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15 Timberlane Crescent, 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 15 Timberlane Crescent, Central Elgin, ON N5P 4G9

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 Central Elgin.

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Interest Rate4.00%
Down Payment$203,970 (30.0%)
* Minimum Canadian down payment required for this price is $42,990.
Amortization Period30 Years
Estimated Monthly Payment$2,263Based on a loan of $475,930 over 30 years.
Purchase Price$679,900
Loan Amount$475,930
Provincial Land Transfer Tax:$10,073
Total Estimated Closing Taxes:$10,073

About Purchasing a Home in Central Elgin, ON

For a property listed at $679,900 in Central Elgin, the legal minimum down payment is $42,990 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 $10,073 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 $10,073.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$784,789

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.