72 Elmwood Avenue, Central Elgin, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Central Elgin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $619,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 74 x 175 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome home to 72 Elmwood Ave, an ideal property for your entire family featuring four bedrooms and two bathrooms in the Mitchell Hepburn school district. As you step onto the covered front porch and enter the spacious living room, you'll be greeted by a bay window and abundant natural light. The main floor includes an updated kitchen with an open-concept dining area, convenient access to the heated attached garage and sun deck, three bedrooms, and a three-piece bathroom with a walk-in shower. Downstairs, you'll find a fourth bedroom, a large family room, laundry facilities, a utility and storage room, and an additional three-piece bathroom. Outside, the rear yard offers a 19x19 propane-heated workshop, a storage shed, and a dog run. Recent updates include fresh paint throughout, some new flooring, improvements to the front porch and rear deck, and an upgraded kitchen.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 72 Elmwood Avenue, Central Elgin, ON N5R 4Z7
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 $619,900 in Central Elgin, the legal minimum down payment is $36,990 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 $8,873 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 $8,873.
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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.