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 $545,900 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.
Opportunity and Lifestyle Await at 7 Raven Avenue! Tucked away on a quiet, mature street in a sought-after St. Thomas neighbourhood, this 3+1 bedroom bungalow is the perfect find for those looking to build immediate equity or create a custom multi-generational setup. The main floor features a traditional layout with three bedrooms and a bright living space that is ready for your modern vision. The true value lies in the versatile lower level, which offers a separate side entrance leading directly downstairs to a finished rec room, a fourth bedroom, and a second bathroom, providing the ideal footprint for a potential in-law suite or secondary unit. While the interior is a blank canvas awaiting your personal touch, the heavy lifting has already begun with an attached one-car garage and the majority of the windows recently replaced. The outdoor space is a private summer oasis, featuring a fully fenced lot, and a refreshing saltwater pool, perfect for hosting family BBQs. Situated just minutes from local parks, great schools, and all the amenities St. Thomas has to offer, this property offers the "bones" and the features to become a spectacular home. Whether you're a first-time buyer ready to renovate or an investor looking for a high-potential project, 7 Raven Ave is ready for its next chapter!
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This detached home located at 7 Raven Avenue, St. Thomas is currently for sale and has been available on SousaSells for 94 days. This property is listed at $545,900 with an estimated mortgage of $1,817* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 7 Raven Avenue, St. Thomas is in the St. Thomas neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Hospital, Rec./Commun.Centre, School, School Bus Route, Public Transit
Auto Garage Door Remote, In-Law Capability
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 7 Raven Avenue, St. Thomas, ON N5R 5K8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in St. Thomas.
About Purchasing a Home in St. Thomas, ON
For a property listed at $545,900 in St. Thomas, the legal minimum down payment is $29,590 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 $7,393 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 $7,393.
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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.