31 Wright Street, Thames Centre, ON

$1,449,900
MLS#:X8406006
3 beds
4 baths
2500-3000 sqft
14.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Nilestown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,449,900 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 197 x 152 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Sprawling Solid Brick Executive Ranch Meticulously Renovated, sitting on 0.68acres with separate Shop. Hardwood floors throughout w/ 1 1/8 subfloor. Formal Dining Room, Custom Modern Eat-in Kitchen with Waterfall Quartz Countertop, Built-in Ovens, Undermount lighting, Lots of Counterspace & Storage. Large, Bright & Open Living Area with Gas Fireplace. Access to South Facing Patio w/ Gas Private Treed View, the Perfect Place to Unwind or Entertain. Large Primary Retreat with Walk-in Closet, 5pc Ensuite, including Double Sinks & Soaker Tub. 2nd Bedroom w/ double closets, 3pc Bath with beautiful curbless shower. Main floor Office and Powder Room. Well placed Main Floor Laundry w/ Waterfall Quartz & Mudroom Built-Ins to stay organized. Double Car Garage with Hydronic Heater & Epoxy Floors. Expansive Partially Finished Lower Level with 2 pc Bath, awaits your personal design dreams. BONUS -26x45ft Shop with In-floor Heating Boiler System, 14ft ceilings, 16ft wide X 12ft tall door w/ Commercial Power Opener and separate driveway. Nestled in the Hamlet of Nilestown, a dream location with close proximity Golf courses, nature trails, short drive to London and 401.

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Property Summary

This detached home located at 31 Wright Street, Thames Centre is currently for sale and has been available on SousaSells for 769 days. This property is listed at $1,449,900 with an estimated mortgage of $4,826* per month. It has 3 beds, 4 bathrooms, and is 2500-3000 square feet. 31 Wright Street, Thames Centre is in the Nilestown neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished
Lot Size197 × 152 Feet
CountyMiddlesex
Annual Tax$5,718.93
Legal DescriptionLot 8, Plan 33M-297 Municipality of Thames Centre

Parking & Garage

Parking Spaces14.0
Garage Spaces12
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Auto Garage Door Remote, Built-In Oven, Carpet Free, Countertop Range, ERV/HRV, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned, Water Softener, Water Purifier

Security Features

Community Features

Location

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31 Wright Street, Thames Centre, 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 31 Wright Street, Thames Centre, ON N6M 1H6

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$434,970 (30.0%)
* Minimum Canadian down payment required for this price is $289,980.
Amortization Period30 Years
Estimated Monthly Payment$4,826Based on a loan of $1,014,930 over 30 years.
Purchase Price$1,449,900
Loan Amount$1,014,930
Provincial Land Transfer Tax:$25,473
Total Estimated Closing Taxes:$25,473

About Purchasing a Home in Thames Centre, ON

For a property listed at $1,449,900 in Thames Centre, the legal minimum down payment is $289,980 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 $25,473 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 $25,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$958,425

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.