2943 ELGIN Road, Thames Centre, ON

$799,900
MLS#:X8488120
3 beds
2 baths
1500-2000 sqft
14.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural Thames Centre. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 358.91 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This is it! The one that you have been waiting for! Privacy with a 1000sq ft shop on over half an acre. 3 bedrooms, 2 bathrooms, renovated throughout; kitchen, flooring, paint, lighting, windows, doors, electrical, insulation, well, septic, water heater, roof, large heated shop and 2 sheds. You will love the treed lot backing onto open land and appreciate all of the parking. Perfectly located, on the edge of Dorchester and less than 2 minutes from the 401 Highway and just 10 minutes to London. This house has had an extensive transformation in recent years. Walk in the front door to an inviting foyer, with a large room to your right that is currently set up as an in home office with a gas fireplace, and has its own separate entrance. Main floor laundry and a storage area are next to the renovated full bathroom. Next you arrive in the large open and bright kitchen that is great for all of your entertaining needs with a large island and it flows past the spacious eating area and into the main floor family room that is centered around the gas fireplace. Again, you will note the abundance of natural light. Moving to the upper level, you will find 3 good sized bedrooms and the second full bathroom. Out behind the house is the is the heated shop with 10' ceilings and an 8 X 16' door. This perfect space includes a bar, a kitchenette and a 2 pc bathroom the ideal mancave getaway spot. Take a few steps beyond the shop and you will find the above ground pool and 2 additional storage sheds all in the large fenced rear yard.

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 2943 ELGIN Road, Thames Centre is currently for sale and has been available on SousaSells for 746 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 2943 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
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 9, 2024
Sold price information is available to members only
Listed Date6/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size66 × 358.91 Acres
CountyMiddlesex
Annual Tax$3,109.52
Legal DescriptionPART LOT 13 CONCESSION B SRT AS IN LT368468; MUNICIPALITY OF THAMES CENTRE/NORTH DORCHESTER TWP

Parking & Garage

Parking Spaces14.0
Garage Spaces12
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

Water Heater Owned

Security Features

Community Features

Location

Initializing map...
2943 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 2943 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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Thames Centre, ON

For a property listed at $799,900 in Thames Centre, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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$1,290,807

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.