500 ELGIN Street, St. Marys, ON

$549,900
MLS#:X10781008
3 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of St. Marys. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $549,900 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 1100-1500 sqft on a premium 74 x 150 ft lot
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • Efficient baseboard heating via gas

Description

A spacious lot, prime location, and solid structure – these are the three essential elements of a great home, and this property offers all that and more. This charming 3-bedroom bungalow sits on a generous 74-foot by 150-foot lot, surrounded by mature trees, making it a must-see. The original owner and builder have cherished this home from day one, raising their family here, and now it’s ready for the next chapter. With just under 1400 square feet on the main floor, 3 bathrooms, and an oversized one-car garage, you'll find plenty of potential to transform this house into your home. Click on the virtual tour link, view the floor plans, photos, layout and YouTube link and then call your REALTOR® to schedule your private viewing of this great property!

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Property Summary

This detached home located at 500 ELGIN Street, St. Marys is currently for sale and has been available on SousaSells for 714 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 500 ELGIN Street, St. Marys is in the St. Marys 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Brick
BasementPartially Finished, Full
Lot Size74 × 150 Acres
CountyPerth
Annual Tax$3,947.89
Legal DescriptionPT LOT 3 S/S ELGIN ST (PK LOT 2) PLAN 235 ST MARYS; PT LOT 4 S/S ELGIN ST (PK LOT 2) PLAN 235 ST MARYS AS IN R122689 ; ST MARYS

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Location

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500 ELGIN Street, St. Marys, 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 500 ELGIN Street E, St. Marys, ON N4X 1B8

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in St. Marys, ON

For a property listed at $549,900 in St. Marys, the legal minimum down payment is $29,990 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 $7,473 for this transaction. As this listing is in St. Marys (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Marys, St. Marys.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$659,485

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

Holy Name of Mary
Public161 Peel Street North, St. Marys, Ontario, N4X 1B2
5.9
Little Falls
Public25 Lindsay Atkinson Drive, St. Marys, Ontario, N4X 1B6
7.0
South Perth Centennial
Public1866 Perth Road 163, St. Marys, Ontario, N4X 1C4
7.5

Secondary Schools

No secondary schools data loaded.

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.