42248 Ferguson Line, 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 $649,900 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 129.8 x 170 ft lot
- Features a full, finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, Generator - Partial
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
RARE OPPORTUNITY ON 1/2 AN ACRE and just minutes from London and St Thomas on a paved country road. You will love the tranquil setting surrounded by farmland with only one neighbour to the west. This huge one storey (original owner) home with second level loft is OVER 2300 SQUARE FEET PLUS a finished lower level with walk-out...perfect for multi-generational living. You will love the huge open great room and dining room with wood burning fireplace and the additional family room with cosy pine trim and gas stove fireplace. Huge eat-in kitchen, 4 spacious bedrooms, 3 full bathrooms. No carpet....hardwood, pine and vinyl flooring. Huge mudroom with main level laundry. Fully fenced rear yard with small barn and garden shed and a huge covered rear porch and patio. Updates include: new sump 2025, new roofing shingles in 2018, home is fully heated with forced air gas (new furnace in 2016), and newer central air system, upgraded electrical. Note: Septic pumped 2025 and family says new weeping bed approx 10 years ago. Water treatments system included. You don't want to miss this opportunity.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard
Interior Features
Auto Garage Door Remote, Carpet Free, Generator - Partial, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water Purifier, Water Treatment, Water Softener
Security Features
Alarm System
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 42248 Ferguson Line, Central Elgin, ON N5P 3T1
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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 $649,900 in Central Elgin, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.