98 Laura Lane, Strathroy-Caradoc, ON

$699,900
MLS#:X10874861
6 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of NE. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 6 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 49.21 x 113.4 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Large move-in-ready home in the highly desirable North End of Strathroy awaits you! This spacious 3+3 bedroom, 3 bath property offers over 2500 sq ft of living space combined, offering comfort, convenience, and the room you've been craving, ready for you to make it your own. Enjoy the convenience of an attached two-car garage, with direct access to both the yard and foyer. The front yard is beautifully landscaped, complemented by a spacious driveway and an inviting front porch. Step inside the roomy landing that leads up into the open-concept, bright, and airy family room/dining room combination, showcasing high ceilings and an electric fireplace. The dining area flows into a generous eat-in kitchen, equipped with abundant storage and modern stainless steel appliances, offering plenty of space for meal prep and entertaining. Off the kitchen features a private deck overlooking an 18-foot above-ground pool, the perfect space for BBQs, relaxation, and entertaining. The main level features a storage closet, a 3-piece bathroom, and a convenient laundry space. It includes three generously sized bedrooms, with the serene primary bedroom featuring its own private 3 piece ensuite bathroom. The fully finished above-ground basement features high ceilings, large windows, two additional spacious bedrooms, a 3 piece bath, and a versatile bonus room that could easily serve as a 6th bedroom, home gym, or office. The fully fenced backyard is perfect for your kids, pets and also offers a convenient sand point for all your gardening needs. Conveniently located near Highway 402, this home provides easy access to grocery stores, Strathroy District Collegiate Institute, Alexandra Park, and the hospital. Plus, North Meadows Public Elementary School is just a 2-minute walk. Don't miss your chance to make this spectacular home yours! New furnace (2020), HWT (2017), Roof (2018), Windows (2019), All toilets (2020), Floors (2021), Pool (2022), LL Fireplace (2021), Garage furnace (2023)

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Property Summary

This detached home located at 98 Laura Lane, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 599 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 98 Laura Lane, 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
6
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 9, 2024
Sold price information is available to members only
Listed Date11/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size49.21 × 113.4 Feet
CountyMiddlesex
Annual Tax$3,920
Legal DescriptionLOT 29, PLAN 33M-390; S/T RIGHT OF ENTRY IN ER38039; TOWNSHIP OF STRATHROY-CARADOC

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Bar Fridge, Carpet Free, Central Vacuum, Storage, Water Heater Owned, Workbench

Security Features

Community Features

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Location

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98 Laura Lane, 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 98 Laura Lane, Strathroy-Caradoc, ON N7G 4K9

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.

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Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Strathroy-Caradoc, ON

For a property listed at $699,900 in Strathroy-Caradoc, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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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.