10140 Iona Road, Southwold, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Iona Station. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $427,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 45.16 x 144.42 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This 3 bed, 1 bath, beautiful, charming house is located in the small town of Iona Station. Only 20 minutes to London and St. Thomas, and only 10 minutes to all the great amenities Dutton has to offer. Sitting on over half an acre, this recently updated house, with lots of original character, is just waiting for you to make it home. Outside you will find a beautiful wrap around porch, 2 car parking in the front and more in the back with access from the shared driveway. Out back is a large deck looking over the beautiful quiet, treed, property with a pond, creek and storage sheds with hydro. The main floor Features the original wood doors, large living room with room for an office or playroom. A large eat in kitchen with new cabinets, and a large bathroom. Also off the Kitchen is a mudroom with Laundry and access to the 30x14 garage. Upstairs features 3 Bedrooms and a cozy landing. Some of the updates include electrical, New 100 amp Panel, Updated kitchen, new flooring, AC and Furnace, updated bathroom with a double vanity, siding, Facia, and more.**INTERBOARD LISTING: CHATHAM-KENT ASSOCIATION OF REALTORS**
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Pricing & Value Insights
Data-driven valuation for 10140 Iona Road, Southwold, ON N0L 1P0
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About Purchasing a Home in Southwold, ON
For a property listed at $427,000 in Southwold, the legal minimum down payment is $21,350 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 $5,015 for this transaction. As this listing is in Southwold (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,015.
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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.