62 Compass Trail, Unit 3, Central Elgin, ON
Property no longer active
This property was sold on January 5, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $579,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a unfinished, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Experience the perfect blend of comfort and coastal charm in this beautifully crafted bungalow style 1,250 Square Foot freehold attached condo, just minutes from Port Stanley's Main Beach. Designed for those who appreciate thoughtful finishes and easy living, this brand-new home offers main floor living with incredible opportunity to add your own personal touches through the builder's selection process. If you're looking to finish the basement, add some additional lighting - the possibilities are endless! These thoughtfully designed homes offer a lock-and-leave lifestyle perfect for snowbirds, down-sizers, or busy professionals looking to simplify life. Set in a vibrant and growing community, you will be moments away from Port Stanley's shops, dining, and picturesque shoreline. Whether you're seeking a year-round residence or a weekend escape, this is more than just a home its your chance to secure a lifestyle of ease, elegance, and lakeside living! Please note, these homes are to be built, and the current photos are from a previous model with upgrades not included in the base price.
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Property Summary
This condo apartment located at 62 Compass Trail, Central Elgin is currently for sale and has been available on SousaSells for 373 days. This property is listed at $579,000 with an estimated mortgage of $1,927* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 62 Compass Trail, 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 62 Compass Trail 3, Central Elgin, ON N5L 0B4
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 $579,000 in Central Elgin, the legal minimum down payment is $32,900 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 $8,055 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 $8,055.
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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.