4486 Petrolia Line, Petrolia, ON

$549,900
MLS#:X11958522
4 beds
2 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 13, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Petrolia. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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 2 Bathrooms
  • Premium 47.92 x 149.79 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WELCOME TO THIS WONDERFUL BRICK BUNGALOW WITH GREAT CURB APPEAL IN AN IDEAL LOCATION IN CHARMING, HISTORIC PETROLIA. IT HAS BEEN TASTEFULLY UPDATED WITH AN OPEN CONCEPT MAIN FLOOR THAT BOASTS CATHEDRAL CEILINGS, A LARGE CHEF'S KITCHEN WITH ALL STAINLESS STEEL APPLIANCES INCL. THAT OVERLOOKS THE DINING & GREAT ROOM. 3 SPACIOUS BEDROOMS WITH A 4PC ENSUITE BATHROOM WITH MAIN FLOOR LAUNDRY ROOM WITH WASHER & DRYER INCL. MAKE THIS THE IDEAL FUNCTIONAL LAYOUT FOR TODAY'S BUSY FAMILY LIFESTYLE OR THOSE THAT WISH TO DOWNSIZE WITH ONE FLOOR LIVING FOR MOBILITY. MANY RECENT UPDATES INCLUDE: NEW FLOORING THROUGHOUT, BATHROOM VANITIES, FURNACE, CENTRAL AIR, CEMENT DRIVEWAY & ROOF. THE FINISHED LOWEL LEVEL OFFERS A HUGE REC ROOM WITH A FOURTH BEDROOM WITH A RENOVATED 4 PC BATH, & SPACIOUS STORAGE. A DOUBLE CAR ATTACHED GARAGE OFFERS ULTIMATE CONVENIENCE FOR PARKING! ENJOY THE HEATED, ABOVE GROUND, SALT WATER POOL WITH LARGE SUN DECK THIS SUMMER WITH A PATIO AREA W/ GAZEBO PERFECT FOR ENTERTAINING! MINUTES FROM PETROLIA'S DOWNTOWN CORE & ALL ITS AMENITIES, CLOSE ACCESS TO HWY 21. HWT IS A RENTAL.

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Property Summary

This detached home located at 4486 Petrolia Line, Petrolia is currently for sale and has been available on SousaSells for 527 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 4486 Petrolia Line, Petrolia is in the Petrolia neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 13, 2025
Sold price information is available to members only
Listed Date2/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size47.92 × 149.79 Feet
CountyLambton
Annual Tax$3,102
Legal DescriptionPT LT 15 CON 11 ENNISKILLEN PT 2, 25R8282; PETROLIA

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Carpet Free

Security Features

Community Features

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Location

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4486 Petrolia Line, Petrolia, 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 4486 Petrolia Line, 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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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Petrolia, ON

For a property listed at $549,900 in Petrolia, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & 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$571,826

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

St Philip
Public420 Queen Street, Petrolia, Ontario, N0N 1R0
7.5
Queen Elizabeth II
Public4079 Maple Street, Petrolia, Ontario, N0N 1R0
3.6
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

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.