224 Oak Avenue, Strathroy-Caradoc, ON

$479,900
MLS#:X9377024
5 beds
2 baths
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of SW. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $479,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 32.5 x 110 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This spacious 3+2 bedroom semi is perfect for first time home buyers or the growing family! Situated in a quiet neighbourhood, close to parks, shopping and within walking distance to three schools. Inside this bright and well-maintained home there is laminate flooring throughout, an eat in kitchen with included stainless appliances (2 years old), updated bathrooms, a fully finished basement with family room, 2pc bath and two more rooms for either an office or guest room. Fenced backyard with above ground pool, large shed, plus a lovely deck and new steel gazebo (negotiable). Strathroy has everything you need including fantastic recreation programs, sports fields, community centres, an excellent hospital and just 30 mins to north or south London. Dont miss out on this great opportunity!

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Property Summary

This detached home located at 224 Oak Avenue, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 653 days. This property is listed at $479,900 with an estimated mortgage of $1,597* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 224 Oak Avenue, Strathroy-Caradoc is in the SW neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 4, 2024
Sold price information is available to members only
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Finished
Lot Size32.5 × 110 Feet
CountyMiddlesex
Annual Tax$1,914
Legal DescriptionPCL 9-2, SEC 34M18 ; PT LT 9, PL 34M18 , PART 5 , 34R848 ; TOWNSHIP OF STRATHROY-CARADOC

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Rec./Commun.Centre, School, School Bus Route

Interior Features

Sump Pump

Security Features

Community Features

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Location

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224 Oak Avenue, Strathroy-Caradoc, 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 224 Oak Avenue, Strathroy-Caradoc, ON N7G 3A8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Strathroy-Caradoc.

Configure Loan Settings

Interest Rate4.00%
Down Payment$143,970 (30.0%)
* Minimum Canadian down payment required for this price is $23,995.
Amortization Period30 Years
Estimated Monthly Payment$1,597Based on a loan of $335,930 over 30 years.
Purchase Price$479,900
Loan Amount$335,930
Provincial Land Transfer Tax:$6,073
Total Estimated Closing Taxes:$6,073

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $479,900 in Strathroy-Caradoc, the legal minimum down payment is $23,995 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 $6,073 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,073.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for SW, Strathroy Caradoc.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,459,900

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

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Secondary Schools

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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.