41821 Sparta Line, Southwold, ON

$1,550,000
MLS#:X9355167
5 beds
5 baths
2500-3000 sqft
11.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 14, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 5 detached located in the coveted neighborhood of Rural Southwold. Expertly crafted featuring premium stone and other construction, this residence presents an exceptional opportunity offered at $1,550,000 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.

  • 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a spacious lot (Feet)
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Guest Accommodations
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

2-Family "Forest Oasis" - 5min From Beach. Imagine owning a house you can't wait to come home to. This sliver of heaven has one-of-a-kind nature views out every window. Lush green gardens pull you outside from the open concept, custom designed, two-family residence. Spectacular sunsets bid you goodnight from the multi-tiered cedar deck kissed up next to an Amore Maple. The hug of two towering Silver Maples provides ample shade for front-yard family fun. Too hot? Cool off in the saltwater pool nestled in a backyard oasis framed in glass. 4 separate outside spaces allows for togetherness or privacy the best of multi-family living. New driveway has parking for 8; large country lot accommodates many more. 3 + 1 BDRM main residence is a 5 level, side split with 2.5 baths, bright solid surface kitchen for easy meal prep and entertaining. The secondary residence is no mere granny suite, boasting grand windows, full ensuite designed with mobility in mind. Large shop holds all your beach-ready toys.

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Property Summary

This detached home located at 41821 Sparta Line, Southwold is currently for sale and has been available on SousaSells for 667 days. This property is listed at $1,550,000 with an estimated mortgage of $5,159* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 41821 Sparta 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
5
Bathrooms
5
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 14, 2024
Sold price information is available to members only
Listed Date9/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 5
ConstructionStone, Other
BasementFinished with Walk-Out, Full
CountyElgin
Annual Tax$6,229.03
Legal DescriptionPART ROAD ALLOWANCE BETWEEN TOWNSHIP OF SOUTHWOLD AND MUNICIPALITY OF CENTRAL ELGIN (NOT TRAVELLED) DESIGNATED AS PARTS 4 & 5, 11R9378; CENTRAL ELGIN/SOUTHWOLD PART OF LOT 1 RANGE 2 E RIVER RD SOUTHWOLD DESIGNATED AS PART 1, 11R7420; PART ROAD ALLOWANCE BETWEEN LOT 1 RANGE 2 E RIVER RD AND LOT 16 RANGE 2 N UNION RD (CLOSED BY BY-LAW 222436 & E222437) AS IN E226169 TOWNSHIP OF SOUTHWOLD

Parking & Garage

Parking Spaces11.0
Garage Spaces8
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Accessory Apartment, Auto Garage Door Remote, Guest Accommodations, On Demand Water Heater, Separate Heating Controls, Water Softener, In-Law Suite, In-Law Capability, Water Heater Owned

Security Features

Community Features

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Location

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41821 Sparta 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 41821 Sparta Line, Southwold, ON N0L 2L0

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 Southwold.

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Interest Rate4.00%
Down Payment$465,000 (30.0%)
* Minimum Canadian down payment required for this price is $310,000.
Amortization Period30 Years
Estimated Monthly Payment$5,159Based on a loan of $1,085,000 over 30 years.
Purchase Price$1,550,000
Loan Amount$1,085,000
Provincial Land Transfer Tax:$27,475
Total Estimated Closing Taxes:$27,475

About Purchasing a Home in Southwold, ON

For a property listed at $1,550,000 in Southwold, the legal minimum down payment is $310,000 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 $27,475 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 $27,475.

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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.