240 Maitland Street, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of NW. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $350,000 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 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This yellow-brick 2-storey home offers the perfect blank canvas for renovators, investors, or anyone looking to create their dream space or turn it into an income making investment . Corner 66 x 132 lot that is currently zoned R1. This home that has been taken back to the studs and is ready for a full re-imagination. This home is not currently habitable but is loaded with opportunity. Major updates already completed include a new steel roof, fascia, and eavestroughs (2022), along with a new gas furnace and A/C. The previous layout featured one bedroom on the main level and three bedrooms upstairs. BUt its current state shows potential for a different configuration. Large deck of the rear of the home. There is potential for two laneways and parking for at least 5 vehicles. Most of the value is in the lot. Located within walking distance of downtown Strathroy, the hospital, and the Strathroy Rec Centre. Come see the potential and imagine the possibilities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 240 Maitland Street, Strathroy-Caradoc, ON N7G 1S9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Strathroy-Caradoc, ON
For a property listed at $350,000 in Strathroy-Caradoc, the legal minimum down payment is $17,500 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 $3,725 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 $3,725.
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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.