Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Tillsonburg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $550,000 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.
Welcome to 18 Kara Lane, a beautifully updated two-storey home located in one of Tillsonburg's most sought-after neighbourhoods. Set on a generous lot with a fully fenced backyard, this property offers the perfect mix of family comfort, entertaining space, and move-in-ready convenience.The bright main floor features a welcoming living room that flows seamlessly into the dining area and eat-in kitchen, creating a comfortable and functional layout for everyday living and hosting guests. A convenient two-piece bathroom completes the main level.Upstairs, you'll find three spacious bedrooms and a large four-piece bathroom, ideal for growing families.The finished basement provides even more living space with a large rec room, dedicated workout room, and additional storage areas. The workout room was previously used as a laundry space and still offers existing plumbing and electrical, providing an easy option for buyers looking to convert it back if desired.Step outside and enjoy your own private backyard retreat featuring a multi-level deck perfect for entertaining, an above-ground pool, hot tub, and a custom-built garden shed. Whether you're hosting summer gatherings or relaxing after a long day, this backyard delivers.Additional highlights include a sand point with sprinkler system, concrete driveway, forced-air gas furnace, central air conditioning, and garage door opener.Homes in this neighbourhood don't last long. With motivated sellers and strong value in a desirable neighbourhood, this is a home buyers will want to see quickly. Book your private showing and see everything 18 Kara Lane has to offer.
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Fenced Yard, Hospital, Golf, Library, Park, Rec./Commun.Centre
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Data-driven valuation for 18 Kara Lane, Tillsonburg, ON N4G 5M3
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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 $550,000 in Tillsonburg, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.