237 Frances Street, Central Elgin, ON
Property no longer active
This property was sold on October 11, 2024. 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 Port Stanley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $519,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 78 x 132 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This sprawling, all brick ranch home with tons of parking offers up an incredible Port Stanley location. You are a short walk to all things downtown: the patios, restaurants, theatre, the ice cream, the coffee and the harbor. Also a short walk to marinas and Little Beach. It has 2 well appointed bedrooms, and one 3pc bath with luxurious tile shower and glass doors. In the last 6 months, the home has had been upgraded with new backsplash in kitchen, countertops, crisp white paint, and gorgeous luxury plank vinyl flooring that was curated to never go out of style. The home is heated and cooled with efficient heat pump system. There are three entrances to enter from the front of the home and a floorplan that offers up opportunity for creating a separate suite. You'll love the main floor laundry and all of the built in storage space offered up. In the rear yard, you'll find peace in your private, natural, treed setting. You'll also find an incredible heated workshop/future ensuite bath.
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Property Summary
This detached home located at 237 Frances Street, Central Elgin is currently for sale and has been available on SousaSells for 661 days. This property is listed at $519,000 with an estimated mortgage of $1,728* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 237 Frances Street, Central Elgin is in the Port Stanley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Golf, Marina, Library, Arts Centre, Park
Interior Features
Water Heater Owned
Security Features
Community Features
Location
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 237 Frances Street, Central Elgin, ON N5L 1A8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Central Elgin, ON
For a property listed at $519,000 in Central Elgin, the legal minimum down payment is $26,900 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 $6,855 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 $6,855.
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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.