1560 Elgin Road, Thames Centre, ON

$1,500,000
MLS#:X9266802
5 beds
4 baths
3500-5000 sqft
15.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on October 3, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of Rural Thames Centre. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,500,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 281.36 x 133.96 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via ground source

Description

Dream Home set on just under an acre, only minutes from London and two minute to the 401. Luxurious 5 bedroom home with so many options for multi generational living. This property is set on a 1 acre lot with a circular drive with 10000 sq ft of interlocking brick. Two detached garages, a large inground (20X50) heated pool, 2 ponds and landscape features galore. Originating as a one room School House in the 1920s, this home has been transformed into a unique living space with nearly 5000 sq ft finished. The windows throughout offer an abundance of natural light and views of your surroundings and the architecture will leave you at a loss for words. Family room and stunning custom gourmet kitchen with exposed brick and window backed cabinets and a double sided fireplace.(note the appliances), lead to the great room which absolutely lives up to its name with its 20 foot ceilings and a wall of windows. Roasted Maple flooring completes the areas. A large main floor Primary Bedroom is off the Great Room and boasts a 5 piece cheater ensuite. A second Primary suite surrounded by windows and a fireplace is offered on the upper level and it features its own luxurious ensuite with heated floors, supplemental heat pump and a bedroom sized personal dressing room and walk out to yet another patio for morning coffee and evening relaxation. There is another family room and two additional bedrooms on ground level plus a conveniently located laundry room. As well as yet another bedroom with another walkout that was previously set up as a theatre room. Next to it is the hot tub room off of the back of the house. The lower level is finished as well and is currently set up as a in-home gym, games room and storage room. The Pool is 50X 20 and will feature a new liner prior to closing, A detached single as well as a detached two car garage. Geothermal 6 ton heat pump, 3 zone 1-VU smart system, Cedar Shake roof 2017 and 2024 and composite decking and so much more throughout the property.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 1560 Elgin Road, Thames Centre is currently for sale and has been available on SousaSells for 694 days. This property is listed at $1,500,000 with an estimated mortgage of $4,993* per month. It has 5 beds, 4 bathrooms, and is 3500-5000 square feet. 1560 Elgin Road, Thames Centre is in the Rural Thames Centre neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 3, 2024
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 5
ConstructionBoard & Batten , Brick
BasementSeparate Entrance, Finished
Lot Size281.36 × 133.96 Feet
CountyMiddlesex
Annual Tax$4,876
Legal DescriptionPART EAST 1/2 LOT 14 CONCESSION 4 NRT AS IN 707980 NORTH DORCHESTER TWP

Parking & Garage

Parking Total15.0
Parking Space12
Garage TypeDetached

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Library, Place Of Worship, School Bus Route, School, Rec./Commun.Centre

Interior Features

Auto Garage Door Remote, Central Vacuum, Countertop Range, Guest Accommodations, In-Law Capability, On Demand Water Heater, Separate Heating Controls, Water Softener, Water Heater Owned, Upgraded Insulation, Sump Pump, Propane Tank, Built-In Oven

Security Features

Smoke Detector, Carbon Monoxide Detectors

Community Features

Location

Initializing map...
1560 Elgin Road, Thames Centre, ON
Loading local market trends...

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 1560 Elgin Road, Thames Centre, ON N0L 1G6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Thames Centre.

Configure Loan Settings

Interest Rate4.00%
Down Payment$450,000 (30.0%)
* Minimum Canadian down payment required for this price is $300,000.
Amortization Period30 Years
Estimated Monthly Payment$4,993Based on a loan of $1,050,000 over 30 years.
Purchase Price$1,500,000
Loan Amount$1,050,000
Provincial Land Transfer Tax:$26,475
Total Estimated Closing Taxes:$26,475

About Purchasing a Home in Thames Centre, ON

For a property listed at $1,500,000 in Thames Centre, the legal minimum down payment is $300,000 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 $26,475 for this transaction. As this listing is in Thames Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,475.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Thames Centre, Thames Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,290,372

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.