371 Sherwood Avenue, Central Elgin, ON
Property no longer active
This property was sold on July 11, 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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 70.66 x 119 ft lot
- 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: On Demand Water Heater, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this spectacular bungalow offering over 3,000 square feet of beautifully finished living space, thoughtfully designed to suit a variety of lifestyles. Whether you're looking for a spacious single-family home, planning for multi-generational living with in-law suite potential, or envisioning the creation of a fully separate lower-level unit, this home offers the flexibility to make it your own. With the possibility of adding a walk-up entrance from the basement, the options are endless. The main level features a recently renovated open-concept layout that seamlessly blends living, dining, and kitchen spaces, making it perfect for both everyday living and entertaining guests. The spacious primary bedroom is a true retreat, complete with a gorgeous en-suite bathroom that adds a touch of luxury. Two additional bedrooms, another full bathroom, and a convenient main floor laundry room round out this level, offering comfort and functionality for the whole family. Downstairs, the equally expansive lower level provides a range of possibilities, with several large rooms that can be used as bedrooms, a family room, office space, or however you see fit. This level also includes another full bathroom, adding to the home's overall convenience and flexibility. Energy efficiency is top of mind, with modern HVAC systems, energy-efficient appliances, and an owned on-demand water heater already in place. Step outside to enjoy warm summer evenings on the well-sized deck, which overlooks a private, fully fenced backyard. The lot itself is larger than the fenced area suggests, particularly on the north side, offering even more potential outdoor space. Situated in a quiet and picturesque neighborhood, this home is just minutes from the beautiful Belmont Community Park and offers quick access to St. Thomas, London, and Highway 401. Parking will never be an issue, with space for up to six vehicles between the oversized two-car garage and the generous driveway
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Property Summary
This detached home located at 371 Sherwood Avenue, Central Elgin is currently for sale and has been available on SousaSells for 382 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 371 Sherwood Avenue, Central Elgin is in the Belmont 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
Interior Features
On Demand Water Heater, Primary Bedroom - Main Floor
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 371 Sherwood Avenue, Central Elgin, ON N0L 1B0
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 $749,900 in Central Elgin, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.