63 Compass Trail, Unit 12, Central Elgin, ON

$575,000
MLS#:X12107797
2 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on June 16, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow condo townhouse located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $575,000 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 full, unfinished 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: Water Meter, Water Heater, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Unit 12 at 63 Compass Trail where coastal charm meets effortless living in beautiful Port Stanley! Nestled in one of the areas newest and most desirable condo communities, this better-than-new 2-bedroom, 2-bathroom home offers an unbeatable lifestyle just minutes from the beach, marina, village shops, restaurants, and everyday amenities.Step inside and be captivated by soaring vaulted ceilings, a cozy gas fireplace, and an open-concept layout designed for both comfort and entertaining. The chefs kitchen is the heart of the home, outfitted with premium appliances, elegant finishes, and a generous island that invites connection. Two spacious bedrooms, including a serene primary suite with a full ensuite bath, make it easy to live and host in style.Outside, your private patio is perfect for morning coffee or summer evening gatherings. Plus, enjoy access to the community's stunning outdoor pool, ideal for relaxing after a day at the beach. With low condo fees and modern, high-end touches throughout, this is carefree living at its finest.

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Property Summary

This townhouse located at 63 Compass Trail, Central Elgin is currently for sale and has been available on SousaSells for 445 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 63 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 16, 2025
Sold price information is available to members only
Listed Date4/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleBungalow
ConstructionStone, Brick
BasementFull, Unfinished
CountyElgin
Annual Tax$4,300

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Golf, Beach, Lake/Pond

Interior Features

Water Meter, Water Heater, Auto Garage Door Remote, Sump Pump

Security Features

Community Features

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Location

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63 Compass Trail, Unit 12, Central Elgin, ON
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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 63 Compass Trail 12, Central Elgin, ON N5L 0B8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Central Elgin.

Configure Loan Settings

Interest Rate4.00%
Down Payment$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,500 over 30 years.
Purchase Price$575,000
Loan Amount$402,500
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Central Elgin, ON

For a property listed at $575,000 in Central Elgin, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Central Elgin, Central Elgin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$784,789

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.