172 Victoria Drive, South Huron, ON

$489,900
MLS#:X9718122
2 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 18, 2024. 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 Stephen. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $489,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 135.3 x 280.5 ft lot
  • Features a unfinished 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: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

OPPORTUNITY ALERT. All brick home on large lot in the quiet town of Centralia. This is the first time this property has been offered outside of the family in 3 generations. The original Ontario Cottage style home benefits from a large addition completed in 1994 that adds an open concept kitchen, dining and family room as well as laundry, finish able basement and 2 car attached garage.. Lets start with the yard, the .887 acre parcel consists of 4 lots and backs on to an unopened street allowance. The R1 zoning allows for a second residential unit if that's of interest (contact the Municipality for details and restrictions). The barn could come down to make way for a modern shop or shed. The attached 2 car garage (21 x 26 feet) is insulated and can be heated. The main floor (1,704 sq. ft) offers one floor living including an open concept kitchen, dining, family room with gas fireplace. The laundry is conveniently located on the main floor at the back entrance in a mudroom that has closets at both ends. 2 bedrooms and 2 bathrooms complete the main floor. Downstairs is a finish able basement under the addition, which has a rough-in for a 3rd bathroom. The basement under the original home is a little lower ceiling height, but still usable for storage or hobbies. There is currently no access to the attic, but a renovation could add a half storey of usable space to the entire home. The front porch will be a favorite sitting spot to start or end your day. This home is in the town of Centralia, about 30 minutes from London and 5 minutes to Exeter. Contact your Realtor today to set up a private showing.

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Property Summary

This detached home located at 172 Victoria Drive, South Huron is currently for sale and has been available on SousaSells for 626 days. This property is listed at $489,900 with an estimated mortgage of $1,631* per month. It has 2 beds, 2 bathrooms, and is 1500-2000 square feet. 172 Victoria Drive, South Huron is in the Stephen 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
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date10/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementUnfinished
Lot Size135.3 × 280.5 Feet
CountyHuron
Annual Tax$3,445
Legal DescriptionLT 128 PL 203 STEPHEN; LT 129 PL 203 STEPHEN; LT 138 PL 203 STEPHEN; LT 139 PL 203 STEPHEN; MUNICIPALITY OF SOUTH HURON

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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172 Victoria Drive, South Huron, 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 172 Victoria Drive, South Huron, ON N0M 1K0

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 South Huron.

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Interest Rate4.00%
Down Payment$146,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,495.
Amortization Period30 Years
Estimated Monthly Payment$1,631Based on a loan of $342,930 over 30 years.
Purchase Price$489,900
Loan Amount$342,930
Provincial Land Transfer Tax:$6,273
Total Estimated Closing Taxes:$6,273

About Purchasing a Home in South Huron, ON

For a property listed at $489,900 in South Huron, the legal minimum down payment is $24,495 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 $6,273 for this transaction. As this listing is in South Huron (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stephen, South Huron.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$481,236

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.