536 First Avenue, Petrolia, ON

Expired - Members Only
MLS#:Members Only
4 beds
3 baths
7.0 parking
Residential Freehold
Unavailable Listing

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Listing Status: Expired

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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Petrolia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,900 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
  • Premium 89.57 x 348.25 ft lot size
  • Features a full 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: Water Heater Owned, Primary Bedroom - Main Floor, Sauna
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Custom-built home on a spacious lot, offering both luxury and functionality. The open kitchen and living area feature high ceilings, heated floors in the kitchen and dinette, and updated cabinets with newer countertops. The main living space and bedrooms have been upgraded with hardwood flooring. With 3+1 bedrooms and 3 full bathrooms, the master suite includes a walk-in closet and a private ensuite with heated flooring for added comfort. The large 3-car heated garage includes a drive-through bay for easy access. The covered back porch is perfect for outdoor living, complete with a gas hookup and power awning. The beautifully landscaped backyard offers stunning golf course views with direct access to the course, a water feature, and two storage sheds, one of which is serviced for added convenience. After a long day, unwind in the sauna or relax by the newer gas fireplace in the cozy basement. *Interior and Exterior cameras on property

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

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Additional Details

StatusExpired
Listed Date3/10/2025
Transaction TypeFor Sale

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Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull
Lot Size89.57 × 348.25 Feet
CountyLambton
Annual Tax$7,672
Legal DescriptionLT 41 PL 757; PETROLIA

Parking & Garage

Parking Total7.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf
  • Wooded/Treed
  • Fenced Yard

Interior Features

  • Water Heater Owned
  • Primary Bedroom - Main Floor
  • Sauna

Security Features

None listed

Community Features

None listed

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Frequently Asked Questions about 536 First Avenue, Petrolia, ON

Q.What is the asking price for 536 First Avenue, Petrolia, ON ?

The current listing price for 536 First Avenue, Petrolia, ON in Petrolia, Petrolia is $1,099,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 3 bathrooms.

Q.What property type and architectural style is 536 First Avenue, Petrolia, ON ?

536 First Avenue, Petrolia, ON is a Detached (Bungalow) featuring a Full basement.

Q.What key property features does 536 First Avenue, Petrolia, ON offer?

Key property features include: Golf, Wooded/Treed, Fenced Yard.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, Primary Bedroom - Main Floor, Sauna.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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536 First Avenue, Petrolia, ON

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Property History

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Pricing & Value Insights

Data-driven valuation for 536 First Avenue, Petrolia, ON N0N 1R0

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 Petrolia.

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Interest Rate4.00%
Down Payment$329,970 (30.0%)
* Minimum Canadian down payment required for this price is $219,980.
Amortization Period30 Years
Estimated Monthly Payment$3,661Based on a loan of $769,930 over 30 years.
Purchase Price$1,099,900
Loan Amount$769,930
Provincial Land Transfer Tax:$18,473
Total Estimated Closing Taxes:$18,473

About Purchasing a Home in Petrolia, ON

For a property listed at $1,099,900 in Petrolia, the legal minimum down payment is $219,980 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 $18,473 for this transaction. As this listing is in Petrolia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,473.

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Petrolia, Petrolia Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Petrolia, Petrolia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$822,933

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%

Best Schools in Petrolia, Petrolia

Elementary Schools

Queen Elizabeth II
Public4079 Maple Street, Petrolia, Ontario, N0N 1R0
3.6
St Philip
Public420 Queen Street, Petrolia, Ontario, N0N 1R0
7.5
Hillcrest
Public433 First Avenue, Petrolia, Ontario, N0N 1R0
6.4
Lambton Central Centennial
Public3823 Oil Heritage Road, Petrolia, Ontario, N0N 1R0
5.9

Secondary Schools

Lambton Central
Public3823 Oil Heritage Road, Petrolia, Ontario, N0N 1R0
7.2

Petrolia, Petrolia Demographic Home information

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.