401 Front Street, Central Elgin, ON
Property no longer active
This property was sold on October 11, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium board & batten and concrete construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 38 x 226 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Bar Fridge
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 401 Front Street on the bluff in Port Stanley. This home has been professionally renovated from the ground up with and addition for added living space. This 4 bedroom, 2.5 bathroom home is the perfect getaway from the hustle of a busy work life and the big city lights. Enjoy your days walking down to the beach, hitting up the quaint shops in the village or simply just sit on your covered porch and take in the beautiful views of Lake Erie. This property has custom hardwood floors throughout the house, custom kitchen with concrete counters, butler pantry with sink and dishwasher, surround sound, indoor/outdoor gas fireplace, tiled glass shower, james hardy siding and partially finished basement. This home is a 10 and was featured in a copy of Our Homes Magazine.
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Property Summary
This detached home located at 401 Front Street, Central Elgin is currently for sale and has been available on SousaSells for 659 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 401 Front 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
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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 401 Front Street, Central Elgin, ON N5L 1G2
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 $1,150,000 in Central Elgin, the legal minimum down payment is $230,000 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 $19,475 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 $19,475.
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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.