5 OMEMEE Street, St. Thomas, ON

$385,000
MLS#:X8440970
3 beds
1 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 28, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Thomas. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $385,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 33.01 x 250.56 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

FEATURES OF THIS FINE HOME Are you looking for a move-in condition 2 storey 3 Bedroom home on a huge lot and quiet street? Then look no further than 5 Omemee Street, St Thomas. This home has been nicely updated, just move-in and enjoy. The open concept main floor includes a bright south facing Livingroom, a formal Diningroom, an updated Kitchen and a 4 piece Bath. A rear Mudroom provides lots of room for boots and coats plus a patio door to the rear sundeck makes for easy entertaining. The second level features 3 good sized Bedrooms. Updates include steel roof 2021, most windows upgraded to maintenance free vinyl windows, exterior vinyl siding, paved drive, rear Sundeck and more. Note: The Seller has investigated and received confirmation that this property meets the criteria for the construction of a secondary residence in the rear yard. If you are in need of a secondary income or a granny flat, this may be the solution you have been looking for. Taxes $1,848.91 for 2023

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Property Summary

This detached home located at 5 OMEMEE Street, St. Thomas is currently for sale and has been available on SousaSells for 765 days. This property is listed at $385,000 with an estimated mortgage of $1,282* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 5 OMEMEE 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

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 28, 2024
Sold price information is available to members only
Listed Date6/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size33.01 × 250.56 Feet
CountyElgin
Annual Tax$1,848.91
Legal DescriptionPT LT 27 PL 270 YARMOUTH AS IN E369501; ST. THOMAS

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End

Interior Features

Water Heater, Upgraded Insulation

Security Features

Community Features

Location

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5 OMEMEE Street, St. Thomas, 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 5 OMEMEE Street, St. Thomas, ON N5P 1V8

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 St. Thomas.

Configure Loan Settings

Interest Rate4.00%
Down Payment$115,500 (30.0%)
* Minimum Canadian down payment required for this price is $19,250.
Amortization Period30 Years
Estimated Monthly Payment$1,282Based on a loan of $269,500 over 30 years.
Purchase Price$385,000
Loan Amount$269,500
Provincial Land Transfer Tax:$4,250
Total Estimated Closing Taxes:$4,250

About Purchasing a Home in St. Thomas, ON

For a property listed at $385,000 in St. Thomas, the legal minimum down payment is $19,250 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 $4,250 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 $4,250.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$612,129

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

Forest Park
Public295 Forest Avenue, St. Thomas, Ontario, N5R 2K5
2.6
St. Anne's
Catholic84 Park Avenue, St. Thomas, Ontario, N5R 4W1
5.5
Elgin Court
Public254 First Avenue, St. Thomas, Ontario, N5R 4P5
4.3
Mitchell Hepburn
Public95 Raven Avenue, St. Thomas, Ontario, N5R 0C2
5.7
John Wise
Public100 Parkside Drive, St. Thomas, Ontario, N5R 3T9
4.4

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.