589 Victoria Street, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Caradoc. Expertly crafted featuring premium aluminum siding and brick veneer construction, this residence presents an exceptional opportunity offered at $2,200,000 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.
- 5 Bedrooms and 6 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 260 x 1 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
The property is ideally suited for infill development, located in a developed residential neighborhood with good access to elementary and secondary schools, shopping, and other amenities. Sanitary, Storm sewers, natural gas, and other services are at the road. Of the approximate 8.095 acres, an estimated 3.5 acres is available for potential development, to be confirmed with the Municipality, Conservation Authority, and others as required, by the buyer. Existing improvements include a 3,014 sq. ft. residence with an in-ground pool, sheds, heated workshop, tennis court. According to the owner, this stunning executive home was gutted to the studs. and then renovated to executive standards. There is a family room, office, kitchen with quartz counter tops, eating area, 3-pc bath, mudroom and laundry room on the main floor. The upper level has 4 bedrooms, a 3-piece bath and 4 piece ensuite. Updates include spray foam insulation, new drywall, flooring, all baths, stairs & railings, roof, siding, garage door, basement finish, resurfaced in-ground pool with new rock retaining wall, water heater, 2nd floor furnace, windows, and a new covered front porch. The site is enhanced by a forested ravine at the rear of the property
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Property Summary
This detached home located at 589 Victoria Street, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 412 days. This property is listed at $2,200,000 with an estimated mortgage of $7,323* per month. It has 5 beds, 6 bathrooms, and is 3000-3500 square feet. 589 Victoria Street, Strathroy-Caradoc is in the Caradoc neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 589 Victoria Street, Strathroy-Caradoc, ON N7G 3C2
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 Strathroy-Caradoc, ON
For a property listed at $2,200,000 in Strathroy-Caradoc, the legal minimum down payment is $440,000 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 $41,475 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,475.
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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.