141 Water Street, Southwest Middlesex, ON

$349,900
MLS#:X8475522
3 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Glencoe. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $349,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 80 x 191.5 ft lot
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with wall unit(s) central cooling and highly efficient heat pump heating via gas

Description

1.5 storey home on a quiet street close to Simpson Park. Large private backyard with mature trees, 80 ft frontage and gravel laneway. Main floor primary bedroom, kitchen, family ,living and laundry room with 4 pc bath. Second floor - 2 bedrooms and a small hobbit room. Three storage sheds - one was once a carport 16x20 and could be converted back or into a garage, 8x12 red barn storage shed and 14 x 10 workshop with 30 amp service. Main roof 8 years, bedroom roof 3 years, heat pumps 2023. Newer 100 amp panel 2022 newer plugs and switches. Glencoe boasts a skating arena, curling arena and club, lions club, Tim Hortons, two grocery stores, two banks, library, high school, public schools and a via rail stop between Windsor and Toronto. The Glencoe fair in September is a rural delight celebrating agriculture, 4-H and boasts a grand parade.

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Property Summary

This detached home located at 141 Water Street, Southwest Middlesex is currently for sale and has been available on SousaSells for 753 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 141 Water Street, Southwest Middlesex is in the Glencoe neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementCrawl Space
Lot Size80 × 191.5 Feet
CountyMiddlesex
Annual Tax$1,327.17
Legal DescriptionCON 1 PT LOT 1 MOSA REA COMP PLAN 385 PT LOTS 2 RP 33R10189 PARTS 3 & 4 REG

Parking & Garage

Parking Total8.0
Parking Space4
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingWall Unit(s)

Features

Property Features

Electric Car Charger, Golf, Hospital, Library, Park, Place Of Worship

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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141 Water Street, Southwest Middlesex, 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 141 Water Street, Southwest Middlesex, ON N0L 1M0

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 Southwest Middlesex.

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,970 (30.0%)
* Minimum Canadian down payment required for this price is $17,495.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $244,930 over 30 years.
Purchase Price$349,900
Loan Amount$244,930
Provincial Land Transfer Tax:$3,724
Total Estimated Closing Taxes:$3,724

About Purchasing a Home in Southwest Middlesex, ON

For a property listed at $349,900 in Southwest Middlesex, the legal minimum down payment is $17,495 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 $3,724 for this transaction. As this listing is in Southwest Middlesex (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Glencoe, Southwest Middlesex.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$514,114

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.