375 Mitchell Road, Unit 41, North Perth, ON

$480,000
MLS#:X11905580
2 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Bungalow leasehold condo located in the coveted neighborhood of Elma. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $480,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener, Primary Bedroom - Main Floor, On Demand Water Heater
  • equipped with wall unit(s) central cooling and highly efficient other heating via gas

Description

Lovely life lease bungalow in Listowel, perfect for your retirement! With 1,321 sq ft of living space, this home has 2 bedrooms, 2 bathrooms and is move-in ready. Walk through the front foyer, past the 2 piece powder room into the open concept space. The white kitchen has ample counter space and large island, a great spot for your morning cup of coffee! The living room leads into an additional room, perfect for a home office or craft room. There are 2 bedrooms including a primary bedroom with 3 piece ensuite with a walk-in shower. The in-floor heating throughout the house is an added perk, no more cold toes! The backyard has a private patio with a gas BBQ. This home has a great location with easy access to downtown, Steve Kerr Memorial Recreation Complex and much more!

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Property Summary

This condo apartment located at 375 Mitchell Road, North Perth is currently for sale and has been available on SousaSells for 559 days. This property is listed at $480,000 with an estimated mortgage of $1,598* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 375 Mitchell Road, North Perth is in the Elma neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 14, 2025
Sold price information is available to members only
Listed Date1/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeLeasehold Condo
Architectural StyleBungalow
ConstructionBrick, Stone
BasementNone
CountyPerth
Annual Tax$0

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingWall Unit(s)

Features

Property Features

Interior Features

Water Softener, Primary Bedroom - Main Floor, On Demand Water Heater

Security Features

Community Features

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Location

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375 Mitchell Road, Unit 41, North 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 375 Mitchell Road S 41, North Perth, ON N4W 0H4

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 North Perth.

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Interest Rate4.00%
Down Payment$144,000 (30.0%)
* Minimum Canadian down payment required for this price is $24,000.
Amortization Period30 Years
Estimated Monthly Payment$1,598Based on a loan of $336,000 over 30 years.
Purchase Price$480,000
Loan Amount$336,000
Provincial Land Transfer Tax:$6,075
Total Estimated Closing Taxes:$6,075

About Purchasing a Home in North Perth, ON

For a property listed at $480,000 in North Perth, the legal minimum down payment is $24,000 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 $6,075 for this transaction. As this listing is in North Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,075.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$621,842

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.