7 Balsam Street, East Zorra-Tavistock, ON

$599,900
MLS#:X12226455
2 beds
2 baths
700-1100 sqft
7.5 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Innerkip. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 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 700-1100 sqft on a premium 114.5 x 132 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.5 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located in the heart of Innerkip, this beautifully maintained bungalow offers the perfect blend of small-town charm and modern convenience. Located close to Woodstock and Hwy 401, this property is ideal for commuters seeking peace and privacy without sacrificing accessibility. Offering 1,065 sq ft of living space, this home features 2 bedrooms plus den, 2 full bathrooms, a partially finished basement, detached garage, modern finishes throughout and a beautiful outdoor space all situated on 0.35 acre lot. Step inside to find beautiful hardwood floors (2018) flowing throughout the main level, creating a warm and inviting atmosphere. The spacious living room boasts loads of natural light and is adjacent to the kitchen which is perfect for entertaining. The eat-in kitchen is equipped with modern SS appliances, including a gas stove, dishwasher, and a brand-new OTR microwave (Dec 2024) and offers direct access to the beautiful back deck that is perfect to enjoy in the warmer months. Head down the hallway to discover the primary bedroom, featuring a walk-in closet and a private ensuite. This level also includes an additional bedroom and a full bathroom, completing the space. Head downstairs to find a rec room ideal for relaxing, a cozy den room, a laundry room, and additional space to finish for your needs. Set on a generous lot, the outdoor space provides plenty of room for gardening, relaxing, or future projects. Whether you're downsizing, investing, or buying your first home, this property delivers the lifestyle and community feel you've been looking for.

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Property Summary

This detached home located at 7 Balsam Street, East Zorra-Tavistock is currently for sale and has been available on SousaSells for 394 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 7 Balsam Street, East Zorra-Tavistock is in the Innerkip 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
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 30, 2025
Sold price information is available to members only
Listed Date6/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
Lot Size114.5 × 132 Feet
CountyOxford
Annual Tax$2,948
Legal DescriptionPT LT 13-14 PL 111; PT BLK A PL 111 AS IN 390970; S/T INTEREST IN 390970; EAST ZORRA-TAVISTOCK

Parking & Garage

Parking Spaces7.5
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Water Softener

Security Features

Community Features

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Location

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7 Balsam Street, East Zorra-Tavistock, 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 7 Balsam Street, East Zorra-Tavistock, ON N0J 1M0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in East Zorra-Tavistock.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in East Zorra-Tavistock, ON

For a property listed at $599,900 in East Zorra-Tavistock, the legal minimum down payment is $34,990 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 $8,473 for this transaction. As this listing is in East Zorra-Tavistock (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Innerkip, East Zorra-Tavistock.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$783,648

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.