165 William Street, Central Elgin, ON

$425,000
MLS#:X12191555
3 beds
1 baths
700-1100 sqft
Residential Freehold
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Property no longer active

This property was sold on July 5, 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 other construction, this residence presents an exceptional opportunity offered at $425,000 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 40 x 50 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

No driveway? No problem this is beach town living! Who needs a driveway when you're just steps from Port Stanleys main beach? Besides, parallel parking builds character. Fee street parking is available right in front of the property, and for added convenience, municipal parking passes can be purchased just $100 for the entire winter or $200 for the summer season, giving you access to nearby municipal lots. So you (and your guests) can park stress-free and focus on enjoying everything this charming lakeside town has to offer. Welcome to your turnkey Port Stanley gem! Whether you're dreaming of full-time beach life or a prime short-term rental opportunity, ($40,000 in income in 2024) this fully furnished three-bedroom home is a rare find. Located just a one-minute stroll from the sand and surrounded by the village's best restaurants, cafés, and shops, this home is perfectly positioned in the heart of one of Ontario's most beloved beach towns. Inside, you'll find a spacious and welcoming open-concept layout with plenty of room to relax or entertain. The living, dining, and kitchen areas flow together seamlessly, and all appliances are included just bring your flip-flops and you're good to go. The three generously sized bedrooms include two large enough for dual queen beds, ideal for hosting family, friends, or vacationing guests. Step out back and unwind on the cozy deck with gas hookups for both a BBQ and fire table, creating the perfect setup for summer nights under the stars. With a newer furnace and central air (2021), you'll stay comfortable year-round whether you're lounging after a beach day or cozying up off-season. Bonus: A rent-to-own option is available through JAAG Properties for qualified buyers, making this dreamy beachside home even more accessible. Don't miss your chance to live (or invest) in the laid-back, walkable, and irresistibly charming lifestyle that is Port Stanley.

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Property Summary

This detached home located at 165 William Street, Central Elgin is currently for sale and has been available on SousaSells for 410 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 165 William Street, 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
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 5, 2025
Sold price information is available to members only
Listed Date6/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementCrawl Space
Lot Size40 × 50 Feet
CountyElgin
Annual Tax$2,778
Legal DescriptionLOT 2 PLAN 176 PORT STANLEY; CENTRAL ELGIN

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Lake/Pond, Marina, Park

Interior Features

None

Security Features

Community Features

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Location

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165 William 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 165 William Street, Central Elgin, ON N5L 1C7

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.

Market Trend
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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$127,500 (30.0%)
* Minimum Canadian down payment required for this price is $21,250.
Amortization Period30 Years
Estimated Monthly Payment$1,415Based on a loan of $297,500 over 30 years.
Purchase Price$425,000
Loan Amount$297,500
Provincial Land Transfer Tax:$4,975
Total Estimated Closing Taxes:$4,975

About Purchasing a Home in Central Elgin, ON

For a property listed at $425,000 in Central Elgin, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.

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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.