85 Erie Street, Strathroy-Caradoc, ON

$559,000
MLS#:X10441902
3 beds
2 baths
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 24, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of SW. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $559,000 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
  • Premium 60.29 x 168.12 ft lot size
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Location!! Walking distance to all retail amenities, restaurants and grocery. Welcome to this great 3 bedroom, 2 bathroom, 4 level split home with lower level finished family room with Cozy Gas Brick fireplace. The spacious Mudroom leads to walkout to oversized back yard with seriousness garden shed. This home is suitable for the 1st time buyer, empty nesters or a young family looking for a larger space. Furnace (2023) Air Conditioning (2023) Roof (2015)

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Property Summary

This detached home located at 85 Erie Street, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 601 days. This property is listed at $559,000 with an estimated mortgage of $1,861* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 85 Erie Street, 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
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 24, 2025
Sold price information is available to members only
Listed Date11/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick
BasementPartially Finished
Lot Size60.29 × 168.12 Feet
CountyMiddlesex
Annual Tax$2,609
Legal DescriptionPART LOTS 57 & 58, 34PL294; PART 3, PLAN 33R21505 MUNICIPALITY OF STRATHROY-CARADOC and PART LOTS 58 & 59, 34PL294; PART 1, PLAN 33R21505 MUNICIPALITY OF STRATHROY-CARADOC

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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85 Erie 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 85 Erie Street, Strathroy-Caradoc, ON N7G 3P5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$167,700 (30.0%)
* Minimum Canadian down payment required for this price is $30,900.
Amortization Period30 Years
Estimated Monthly Payment$1,861Based on a loan of $391,300 over 30 years.
Purchase Price$559,000
Loan Amount$391,300
Provincial Land Transfer Tax:$7,655
Total Estimated Closing Taxes:$7,655

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $559,000 in Strathroy-Caradoc, the legal minimum down payment is $30,900 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 $7,655 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 $7,655.

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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.