62 Compass Trail, Central Elgin, ON
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 $589,900 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.
- 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 the Modern Value Incentive located at 62 Compass Trail, Unit #2, where we are simply making luxury accessible. This beautifully crafted 1,250 square foot freehold attached condo is situated just minutes from Port Stanley's Main Beach and represents an incredible financial opportunity with a total retail value of $669,900 offered at a price of $639,900. By securing this home, you benefit from $30,000 in direct savings, as this specific model features $90,000 in high-end upgrades on a $579,900 base price. Designed for those who appreciate thoughtful finishes and easy living, this brand-new home offers main floor living with the incredible opportunity to add your own personal touches through the builder's selection process. If you are looking to finish the basement or add additional lighting, the possibilities are endless. These homes offer a lock-and-leave lifestyle perfect for snowbirds, down-sizers, or busy professionals looking to simplify life in a vibrant community moments away from shops, dining, and the picturesque shoreline. Whether you are seeking a year-round residence or a weekend escape, this is your chance to secure a lifestyle of ease, elegance, and lakeside living. Please note that these homes are to be built and current photos are from a previous model with upgrades not included in the base price. OPEN HOUSE Saturday 1pm-3pm at Model Home Located at 62 Compass Trail, Unit 1
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Park, Other
Interior Features
Other
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 62 Compass Trail 2, Central Elgin, ON N5L 0B4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Central Elgin.
Configure Loan Settings
About Purchasing a Home in Central Elgin, ON
For a property listed at $589,900 in Central Elgin, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.
Nearby Listings
No current listings found in Central Elgin.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Central Elgin, Central Elgin.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.