353 HIGH Street, Central Elgin, ON

$784,900
MLS#:X10405887
3 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 10, 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 Rural Central Elgin. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $784,900 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 1100-1500 sqft on a premium 45 x 115 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 2.00 garage spaces (4.0 total parking spaces) with a convenient attached configuration
  • Notable attributes: Sump Pump, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Introducing the stunning Southshore model by Don West Custom Homes, designed with an open concept layout throughout the main floor. This beautiful home, only two years old, features a main floor office perfect for remote work. Enjoy 10-foot ceilings in the foyer, dining room, and great room, with a tray ceiling adding elegance to the master bedroom. The great room boasts an electric fireplace, ideal for cozy evenings. The kitchen and ensuite are adorned with hard surface countertops, while engineered hardwood flooring runs throughout. The main floor laundry and a luxurious 5-piece master ensuite, complete with a tiled shower and soaker tub, add convenience and style. A 6-foot sliding patio door leads to a covered deck, ideal for year-round enjoyment. The finished basement includes a family room, bathroom, and bedroom, providing ample additional living space for a growing family. Large egress windows in the basement allow plenty of natural light. This home is just a 10-minute walk to the beach and close to all the amenities Port Stanley has to offer. Don't miss out to book your showing today!

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Property Summary

This detached home located at 353 HIGH Street, Central Elgin is currently for sale and has been available on SousaSells for 621 days. This property is listed at $784,900 with an estimated mortgage of $2,613* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 353 HIGH 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
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 10, 2024
Sold price information is available to members only
Listed Date11/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementFull, Finished
Lot Size45 × 115 Feet
CountyElgin
Annual Tax$5,800
Legal DescriptionLOT 48, PLAN 11M241 MUNICIPALITY OF CENTRAL ELGIN

Parking & Garage

Parking Total4.0
Parking Space2
Garage Parking2.00
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard

Interior Features

Sump Pump, Auto Garage Door Remote

Security Features

Community Features

Location

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353 HIGH 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 353 HIGH Street, Central Elgin, ON N5L 1J8

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.

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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$235,470 (30.0%)
* Minimum Canadian down payment required for this price is $53,490.
Amortization Period30 Years
Estimated Monthly Payment$2,613Based on a loan of $549,430 over 30 years.
Purchase Price$784,900
Loan Amount$549,430
Provincial Land Transfer Tax:$12,173
Total Estimated Closing Taxes:$12,173

About Purchasing a Home in Central Elgin, ON

For a property listed at $784,900 in Central Elgin, the legal minimum down payment is $53,490 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 $12,173 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 $12,173.

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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.