98 MALAKOFF Street, St. Thomas, ON
Property no longer active
This property was sold on October 10, 2024. 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 aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 44 x 88 ft lot size
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This property is a fantastic investment opportunity, especially for families looking for a home with a Granny Suite! This spacious 3 + 1 bedroom, 1.5-storey home features an open-concept living area, perfect for entertaining. You'll find two main floor bedrooms along with a full bathroom, and the separate master suite upstairs comes with a walk-in closet and ensuite bathroom for added privacy. Additional highlights include high ceilings, fresh paint, and some newer flooring throughout. With two kitchens, this home is ideal for multi-generational living or rental potential. There are two dedicated parking spaces and a fully fenced yard with a deck, perfect for outdoor gatherings. The lower level includes a large kitchen, an additional bedroom, and laundry facilities, making it a versatile space. Dont miss out on this unique opportunity!
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Property Summary
This detached home located at 98 MALAKOFF Street, St. Thomas is currently for sale and has been available on SousaSells for 654 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 98 MALAKOFF 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 98 MALAKOFF Street, St. Thomas, ON N5P 1M4
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 $399,900 in St. Thomas, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.