37412 Lake Line, Southwold, ON

$834,900
MLS#:X12129732
3 beds
2 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Rural Southwold. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $834,900 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 2 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 108.48 x 200.63 ft lot
  • Features a finished with walk-out, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Imagine living in a HOME that offers the perfect blend of solitude and convenience, only minutes away from the beach, restaurants, shops and golf courses. This stunning home, nestled on a serene half-acre lot, could be your ideal retreat from the hustle and bustle of city life. The expansive primary bedroom on the main floor is a sanctuary of comfort, complete with a charming Juliet balcony. The open concept design of the main floor exudes warmth and brightness, featuring knotty pine flooring, and a cozy gas fireplace that adds a rustic charm. The vaulted ceiling enhances the spacious dining area, making it perfect for both intimate gatherings and grand feasts. The kitchen is a modern chef's dream, with quartz counters, a stylish tile backsplash, and a gas stove. Start your day with a cup of coffee in the quaint sitting area as you soak in the tranquil views, or step onto the deck to embrace the serenity and beauty of your surroundings. The second level offers versatile space with a den that could serve as a fourth bedroom, along with two generously sized bedrooms. The large loft family room, adorned with another gas fireplace, and balcony provides a cozy and inviting area for relaxation and entertainment. The partially finished lower level holds immense potential for additional living space. Its third gas fireplace and walkout to the backyard make it a perfect canvas for creating a space that suits your lifestyle needs. This beautiful home, with its blend of elegance and functionality, offers a unique escape from city life while maintaining proximity to it all.

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Property Summary

This detached home located at 37412 Lake Line, Southwold is currently for sale and has been available on SousaSells for 436 days. This property is listed at $834,900 with an estimated mortgage of $2,779* per month. It has 3 beds, 2 bathrooms, and is 3000-3500 square feet. 37412 Lake Line, Southwold is in the Rural Southwold neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 26, 2025
Sold price information is available to members only
Listed Date5/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionBoard & Batten
BasementFinished with Walk-Out, Partially Finished
Lot Size108.48 × 200.63 Feet
CountyElgin
Annual Tax$4,356
Legal DescriptionPart of Lot K Plan 39 Designated as Part 4, 11R3244;Southwold

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Golf, Ravine, Wooded/Treed

Interior Features

Carpet Free, In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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37412 Lake Line, Southwold, 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 37412 Lake Line, Southwold, ON N5L 1J1

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 Southwold.

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Interest Rate4.00%
Down Payment$250,470 (30.0%)
* Minimum Canadian down payment required for this price is $58,490.
Amortization Period30 Years
Estimated Monthly Payment$2,779Based on a loan of $584,430 over 30 years.
Purchase Price$834,900
Loan Amount$584,430
Provincial Land Transfer Tax:$13,173
Total Estimated Closing Taxes:$13,173

About Purchasing a Home in Southwold, ON

For a property listed at $834,900 in Southwold, the legal minimum down payment is $58,490 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 $13,173 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 $13,173.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Southwold, Southwold.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$885,755

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.