This property was sold on February 7, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $709,000 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.
Built in 2021, this beautifully designed home offers a perfect blend of contemporary style and comfort, ideal as a condo alternative without sacrificing space or luxury. Situated on a quiet street, this property showcases meticulous landscaping and eye-catching Gem Stone lighting installed along the eavestroughs for a striking curb appeal and hassle free Christmas lighting. Step inside to an open-concept layout that invites natural light to flood every corner. The heart of the home, the kitchen, boasts an oversized island, sleek countertops, and modern appliances perfect for entertaining or casual family meals. Adjacent, a spacious dining and living area creates a seamless flow for gatherings or relaxing evenings. The main floor features two generously sized bedrooms, including a private primary suite with an ensuite bathroom and walk-in closet. Three full bathrooms ensure convenience and comfort for everyone. Enjoy the practicality of a main-floor laundry room with ample storage, making daily chores a breeze. The fully finished basement offers versatile space for a recreation room, home office, or gym. Step outside to the backyard, complete with a deck, hot tub and landscaping an entertainers dream or your private retreat. Book your private showing today and experience the lifestyle youve been waiting for!
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This detached home located at 40 Freeman Lane, Central Elgin is currently for sale and has been available on SousaSells for 557 days. This property is listed at $709,000 with an estimated mortgage of $2,360* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 40 Freeman Lane, Central Elgin is in the Rural Central Elgin neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Campground, Fenced Yard, Golf, Hospital, Place Of Worship
Countertop Range, ERV/HRV, On Demand Water Heater
Alarm System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Freeman Lane, Central Elgin, ON N5P 0E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Central Elgin.
About Purchasing a Home in Central Elgin, ON
For a property listed at $709,000 in Central Elgin, the legal minimum down payment is $45,900 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 $10,655 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 $10,655.
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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.