Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Thornton. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,125,000 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.
Beautifully updated raised three bedroom bungalow on large country lot in sought after Thornton. Come and enjoy all the good things in life: Large lot with ample parking for cars/camping trailer/RVs/boats and more. Private backyard oasis with Unilock patios, 14' swim spa, 19' x 33' in-ground pool & 16' x 18' permanent gazebo. Pool shed with natural gas for pool heater as well as BBQ hook up. All of this in a large, family & dog-friendly, fenced yard backing on to 100 acres of forest and corn fields. The main floor boasts engineered hickory hardwood floors throughout, a custom modern kitchen with butcher block countertops, stainless steel appliances & coffee bar. Updated main bathroom with a custom shower with Riobel fixtures, including rainfall shower head. The lower level offers a large family room with gas fireplace, spacious laundry room, space for home office, fitness room or craft room plus a large fourth bedroom. This solid home has a steel roof, newer windows, furnace, and pool liner. Just move in and enjoy!
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This detached home located at 242 Spencer Avenue, Essa is currently for sale and has been available on SousaSells for 554 days. This property is listed at $1,125,000 with an estimated mortgage of $3,745* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 242 Spencer Avenue, Essa is in the Thornton neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Carpet Free, Primary Bedroom - Main Floor, Sewage Pump, Storage, Sump Pump, Water Heater, Water Softener, Central Vacuum
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 242 Spencer Avenue, Essa, ON L0L 2N0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Essa.
About Purchasing a Home in Essa, ON
For a property listed at $1,125,000 in Essa, the legal minimum down payment is $225,000 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 $18,975 for this transaction. As this listing is in Essa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,975.
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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.