54 Optimist Drive, Southwold, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Southwold. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 56 x 127 ft lot
- Features a development potential, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Combine modern luxury, a stunning layout and sought after location and you will arrive at 54 Optimist Drive in Talbotville. This four bed, four bath custom built Don West home features an open concept floor plan that is nothing short of wow!! Spacious and bright living and dining areas with large windows, fireplace, a vaulted ceiling and designer kitchen with upgraded cabinetry and island. Patio doors off the kitchen lead to your deck and backyard space. Laundry is conveniently located in the main floor mud room off of the double car garage. Upstairs you will find four large bedrooms- primary bedroom with walk-in closet and 5 piece ensuite, two bedrooms that share a Jack and Jill 3 piece bathroom, another bedroom with a 4 piece ensuite. Basement has development and in-law suite potential with large egress windows making it great additional living space if required. The front of this home overlooks a park in a great family neighbourhood centrally located between St.Thomas and London and is close to the 401.
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Property Summary
This detached home located at 54 Optimist Drive, Southwold is currently for sale and has been available on SousaSells for 311 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 54 Optimist Drive, Southwold is in the Rural Southwold neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 54 Optimist Drive, Southwold, ON N5P 0G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Southwold, ON
For a property listed at $899,900 in Southwold, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.