29 Wood Street, St. Thomas, ON
Property no longer active
This property was sold on October 8, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $870,000 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 2 Bathrooms
- Premium 79.38 x 137.27 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This is NOT your typical ranch. Designed for leisure living and family enjoyment inside and outside. This spectacular home has been upgraded top to bottom including a new steel roof in 2023. Swimming pool in 2022 and hot Tub in 2024. Every square meter has been improved to top craftsman standards. Further upgrades and additions in 2021 include a gorgeous kitchen, heated floor in the remodeled dining area, 36" THOR gas stove, pot lights in exterior soffits. In 2022: new soffits, facia and eavestrough, new central air conditioner, extensive landscaping, new concrete driveway and walkway, inground saltwater pool and heater. In 2023: New windows, window coverings and 50 year warranty steel roof. In 2024: 200 amp electrical service, remodeled main bathroom, bar area in basement, new refrigerator. Located within steps of St Thomas Elgin General Hospital and a short drive to the new Volkswagen Battery Plant. A premium home and location. Take a tour and fall in love. Note: Lower Level Guest Bedroom shown on the floor plan is not a legal bedroom.
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Property Summary
This detached home located at 29 Wood Street, St. Thomas is currently for sale and has been available on SousaSells for 652 days. This property is listed at $870,000 with an estimated mortgage of $2,896* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 29 Wood 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
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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 29 Wood Street, St. Thomas, ON N5R 4L1
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 $870,000 in St. Thomas, the legal minimum down payment is $62,000 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 $13,875 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 $13,875.
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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.