This property was sold on April 21, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Tillsonburg. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
All you need to do is bring the family! So start the car!!! This charming 2 plus 2 bedroom residence is located in a desirable family neighborhood in Tillsonburg. The main floor features an open concept design that has been meticulously updated with laminate flooring, modern bathrooms, a new front entrance door, and windows installed in 2023. Additional updates include a patio door (2020), furnace and air conditioning unit (3 years old), and a water softener (2 years old). The basement was refinished in 2023 with new flooring, drywall, insulation, trim, and cove molding. The yard is fully fenced, and there is an attached garage with inside entry. Numerous updates throughout, ensuring this home is move-in ready.
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This detached home located at 12 Kara Lane, Tillsonburg is currently for sale and has been available on SousaSells for 504 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 12 Kara Lane, Tillsonburg is in the Tillsonburg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Hospital, Library, Rec./Commun.Centre, School
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Data-driven valuation for 12 Kara Lane, Tillsonburg, ON N4G 5M3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Tillsonburg.
About Purchasing a Home in Tillsonburg, ON
For a property listed at $525,000 in Tillsonburg, the legal minimum down payment is $27,500 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 $6,975 for this transaction. As this listing is in Tillsonburg (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,975.
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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.