28 Upper Thames Lane, Unit 5, West Perth, ON

$625,000
MLS#:X12075270
3 beds
3 baths
1200-1399 sqft
4.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of Mitchell. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $625,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Wheelchair Access, Water Meter, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully finished three-bedroom, three-bathroom home located in a quiet and friendly community in the town of Mitchell, Ontario. Designed with comfort, style, and accessibility in mind, this vacant land condo offers convenient main floor living, making it an ideal choice for retirees, downsizers, or anyone seeking a low-maintenance lifestyle. Step inside to discover an open-concept layout featuring luxury vinyl plank flooring and elegant quartz countertops throughout. The spacious kitchen flows seamlessly into the bright and inviting living and dining area perfect for entertaining and everyday comfort. Thoughtfully designed for accessibility, this home features zero-threshold entryways, an easy access roll-in shower, extra wide doorways, strategically placed grab bars and a variety of other mobility-friendly enhancements. The main floor hosts the primary bedroom with a walk-in closet, transom windows, and a private ensuite bathroom. A second full bathroom and laundry complete the main level. Downstairs, the fully finished basement adds even more living space with an additional bedroom, full bath, large closet, and abundant storage. Enjoy maintenance-free living with condo corporation coverage, visitor parking, and a peaceful atmosphere. Don't miss your chance to own this move-in-ready home in one of Mitchell's most sought-after communities!

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Property Summary

This condo apartment located at 28 Upper Thames Lane, West Perth is currently for sale and has been available on SousaSells for 464 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 3 beds, 3 bathrooms, and is 1200-1399 square feet. 28 Upper Thames Lane, West Perth is in the Mitchell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
0
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
Architectural StyleBungalow
ConstructionStucco (Plaster), Stone
BasementFull
CountyPerth
Annual Tax$3,593.75

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Library, Place Of Worship, Rec./Commun.Centre

Interior Features

Wheelchair Access, Water Meter, Primary Bedroom - Main Floor, Auto Garage Door Remote, ERV/HRV, Water Heater Owned

Security Features

Community Features

Location

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28 Upper Thames Lane, Unit 5, West Perth, 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 28 Upper Thames Lane, West Perth, ON N0K 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in West Perth.

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Interest Rate4.00%
Down Payment$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in West Perth, ON

For a property listed at $625,000 in West Perth, the legal minimum down payment is $37,500 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 $8,975 for this transaction. As this listing is in West Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mitchell, West Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$667,363

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.