307 METCALFE Street, Strathroy-Caradoc, ON

$549,900
MLS#:X8455548
2 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 25, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow vacant land condo located in the coveted neighborhood of NE. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Bear Creek Ridge, a 55 plus Adult Lifestyle Community where practicality meets comfort. This one-floor condo is move-in ready and boasts 2 bedrooms, 2 baths, and an attached garagea perfect fit for hassle-free living. Inside, you'll find an updated open-concept layout with clear sight lines throughout the living space and a cozy gas fireplace in the living room. Refreshed kitchen with newer countertops and a spacious dining area. Terrace door off dining area leads to a deck for outdoor enjoyment. Recent updates include new flooring throughout the main floor, light fixtures, paint and windows, R60 insulation furnace and air(2018). Main floor has all been painted in neutral colours, giving the space a fresh look. Both bedrooms are spacious, with the primary featuring a walk-in closet and an updated ensuite bathroom. Updated secondary bath with a walk in shower. Laundry hook-ups on both levels. Lower level offers a finished family room with a second gas fireplace and ample storage. This condo comes with 5 newer appliances and is situated within walking distance to parks, shops, and restaurants. Plus, its proximity to the 402 ensures a quick commute to London. Experience the convenience of Bear Creek Ridge living, schedule your viewing today

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Property Summary

This condo apartment located at 307 METCALFE Street, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 758 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 307 METCALFE Street, Strathroy-Caradoc is in the NE neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 25, 2024
Sold price information is available to members only
Listed Date6/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished
CountyMiddlesex
Annual Tax$2,761.77

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Place Of Worship, Greenbelt/Conservation

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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307 METCALFE Street, 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 307 METCALFE Street 23, Strathroy-Caradoc, ON N7G 1R1

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.

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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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $549,900 in Strathroy-Caradoc, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$599,766

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.