245 Dufferin Street, Central Elgin, ON

$599,900
MLS#:X11933764
2 beds
2 baths
6.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on April 25, 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 Belmont. Expertly crafted featuring premium aluminum 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 60 x 250 ft lot size
  • Features a unfinished, half basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled on a quiet street, this stunning property sits on an expansive 60 x 250 lot, offering breathtaking forest views and a peaceful, private retreat. Just 10 minutes from the 401 and 15 minutes from London, its the perfect balance of convenience and tranquility.Step inside to discover a bright, open-concept layout designed for modern living. The newly renovated kitchen features a massive island and a large peninsula, perfect for entertaining. Enjoy cozy winter evenings by the propane fireplace in the living room while taking in the picturesque backyard through large sliding patio doors that lead to an oversized deck.The main floor boasts two generously sized bedrooms conveniently located off the kitchen, a modern 3-piece bathroom, and ample natural light throughout. Main-floor laundry adds to the ease of living, while the attached double-car garage provides plenty of storage. The lower level of the property is awaiting your finishing touches, with a convenient 3 piece bathroom on this level. Outside, the fully fenced yard includes two utility sheds, ideal for your toys and storage needs. with a Steel Roof, Central Air and Gas Heat, this property checks off all the boxes! Escape the hustle and bustle of the city while still being close to major amenities.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 245 Dufferin Street, Central Elgin is currently for sale and has been available on SousaSells for 542 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 245 Dufferin Street, Central Elgin is in the Belmont neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 25, 2025
Sold price information is available to members only
Listed Date1/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementUnfinished, Half
Lot Size60 × 250 Acres
CountyElgin
Annual Tax$4,041.53
Legal DescriptionPART PARK LOT 3 PLAN 319; DESIGNATED PART 1, 33R4058 NORTH DORCHESTER TWP

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Virtual Tours

Location

Initializing map...
245 Dufferin Street, Central Elgin, ON
Loading local market trends...

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 245 Dufferin Street, Central Elgin, ON N0L 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$774,958

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.