198 Elm Street, St. Thomas, ON
Property no longer active
This property was sold on July 3, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium shingle and vinyl siding construction, this residence presents an exceptional opportunity offered at $497,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 60.85 x 110.87 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Meter, Auto Garage Door Remote, Workbench
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained 1.5-storey home, ideally located in the growing town of St. Thomas Ontario and just steps away from picturesque Pinafore Park and all amenities nearby. Set on a mature lot, this charming property offers excellent investment potential and boasts timeless character with modern updates. The exterior features an enclosed front porch, concrete driveway, and a spacious 24' x 24' detached garage equipped with hydro and a wood-burning stove perfect for hobbyists, storage, or a workshop setup. Inside, the home showcases a custom GCW kitchen with a large island that flows seamlessly into the open-concept dining area, creating a warm and functional space ideal for family gatherings or entertaining. From here, step out to a beautifully landscaped backyard with a private deck, offering a peaceful outdoor retreat. The upper-level loft-style primary bedroom impresses with skylights and a generous walk-in closet, creating a bright and airy sanctuary. The finished basement includes a cozy recreation room with an electric fireplace and custom mantle, plus potential for a third bedroom and second bathroom making this a highly versatile space. Updated throughout the years with a high-efficiency furnace, central air, roof, siding, windows, doors and 4-piece bathroom this home blends classic charm with modern efficiency. All that is left to do is move in and enjoy. Don't miss your chance to own a truly turnkey home in a fantastic location book your private showing today!
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Property Summary
This detached home located at 198 Elm Street, St. Thomas is currently for sale and has been available on SousaSells for 397 days. This property is listed at $497,000 with an estimated mortgage of $1,654* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 198 Elm Street, St. Thomas is in the St. Thomas neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route, Park
Interior Features
Water Meter, Auto Garage Door Remote, Workbench
Security Features
Community Features
Location
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 198 Elm Street, St. Thomas, ON N5R 1J3
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 St. Thomas, ON
For a property listed at $497,000 in St. Thomas, the legal minimum down payment is $24,850 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 $6,415 for this transaction. As this listing is in St. Thomas (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,415.
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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.