262 Kettle Creek Drive, Central Elgin, ON

$729,900
MLS#:X8485234
2 beds
3 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 16, 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 Belmont. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $729,900 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 3 Bathrooms
  • Premium 68.73 x 125.34 ft lot size
  • Features a full 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: Air Exchanger, Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Charming Bungalow in Belmont, Ontario.Welcome to this immaculate one-owner home, which boasts a perfect blend of comfort, privacy, and functionality.Features:. 2 spacious bedrooms, including a primary bedroom with a 4-piece ensuite on main floor, 2 1/2 bathrooms, 1 4pc on the main floor, 1 3pc. on the main floor, and a 2pc bathroom in basement . Separate dining room, living room, and family room on main floor . Large 2 car garage for ample parking and storage , fully fenced backyard oasis, complete with a storage shed, deck, and lush greenery for ultimate privacy, granite counter tops, door leading from kitchen to deck.Basement Delights - cozy family room for relaxation and entertainment . handy storage area for organizing your belongings, small workshop for the DIY enthusiast, extra room for a home office, hobby space, or guest room. Additional Highlights:. Immaculately maintained by original owner. Move-in ready, perfect for a stress-free transition . All furniture is available for purchasing, prices are negotiable. with a August 1 closing date in mind..Dont miss out on this incredible opportunity to own a piece of Belmonts charm.

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Property Summary

This detached home located at 262 Kettle Creek Drive, Central Elgin is currently for sale and has been available on SousaSells for 751 days. This property is listed at $729,900 with an estimated mortgage of $2,430* per month. It has 2 beds, 3 bathrooms, and is unknown square feet. 262 Kettle Creek Drive, 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
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 16, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull
Lot Size68.73 × 125.34 Feet
CountyElgin
Annual Tax$5,281.58
Legal DescriptionLOT 147, PLAN 33M-292; VILLAGE OF BELMONT, MUNICIPALITY OF CENTRAL ELGIN

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Park, Place Of Worship, Rec./Commun.Centre, School Bus Route

Interior Features

Air Exchanger, Auto Garage Door Remote, Central Vacuum, Sump Pump

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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262 Kettle Creek Drive, 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 262 Kettle Creek Drive, Central Elgin, ON N0L 1B0

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$218,970 (30.0%)
* Minimum Canadian down payment required for this price is $47,990.
Amortization Period30 Years
Estimated Monthly Payment$2,430Based on a loan of $510,930 over 30 years.
Purchase Price$729,900
Loan Amount$510,930
Provincial Land Transfer Tax:$11,073
Total Estimated Closing Taxes:$11,073

About Purchasing a Home in Central Elgin, ON

For a property listed at $729,900 in Central Elgin, the legal minimum down payment is $47,990 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 $11,073 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 $11,073.

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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

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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.