230 Walker Street, Southwest Middlesex, ON

$1,350,000
MLS#:X9398904
12 beds
6 baths
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Other multiplex located in the coveted neighborhood of Glencoe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,350,000 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.

  • 12 Bedrooms and 6 Bathrooms with 6 functional kitchens
  • Premium 170.51 x 170.41 ft lot size
  • 8.0 total parking spaces available
  • Notable attributes: Central Vacuum, Primary Bedroom - Main Floor, Separate Heating Controls
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Absolutely amazing opportunity for investors looking for a clean multi-unit complex. Built in 2012, this building features 6 fully contained residential units, each with one primary and one guest bedroom, 4pc cheater ensuite, fully equipped kitchen featuring pennisula seating, dining room and living room. Units also have their own water and gas meters, furnace and air conditioner units, central vac, and 100 amp service panel. Currently tenanted to A++ seniors, who enjoy the benefit of one floor living space, wide door and hall ways, and other accessibility features. Each apartment also has their own private concrete patio space with outdoor BBQ gas line, and over looks shared greenspace, raised garden beds and gazebo. Major appliances are owned by the seller - including fridge, stove/oven, dishwasher, washer and dryers. Tenants pay their own utilities. Located at the corner of McKellar and Walker St - within walking distance of public library and other great amenities that Glencoe has to share.

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Property Summary

This multiplex located at 230 Walker Street, Southwest Middlesex is currently for sale and has been available on SousaSells for 635 days. This property is listed at $1,350,000 with an estimated mortgage of $4,494* per month. It has 12 beds, 6 bathrooms, and is unknown square feet. 230 Walker 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
12
Bathrooms
6
Kitchens
6
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 22, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural StyleOther
ConstructionBrick
BasementNone
Lot Size170.51 × 170.41 Feet
CountyMiddlesex
Annual Tax$7,542.7
Legal DescriptionLT 16 RCP 413 MUNICIPALITY OF SOUTHWEST MIDDLESEX

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

Central Vacuum, Primary Bedroom - Main Floor, Separate Heating Controls, Wheelchair Access

Security Features

Community Features

Location

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230 Walker 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 230 Walker 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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$405,000 (30.0%)
* Minimum Canadian down payment required for this price is $270,000.
Amortization Period30 Years
Estimated Monthly Payment$4,494Based on a loan of $945,000 over 30 years.
Purchase Price$1,350,000
Loan Amount$945,000
Provincial Land Transfer Tax:$23,475
Total Estimated Closing Taxes:$23,475

About Purchasing a Home in Southwest Middlesex, ON

For a property listed at $1,350,000 in Southwest Middlesex, the legal minimum down payment is $270,000 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 $23,475 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 $23,475.

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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.