3 PARKSIDE Drive, Tillsonburg, ON

$499,000
MLS#:X11290510
2 beds
3 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Tillsonburg. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 60 x 120 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming 2-bedroom, 2.5-bath home is situated in the highly sought-after Glendale Subdivision, offering the perfect blend of comfort and convenience. Ideally located within walking distance to the local high school, community centre, parks, and an outdoor water park, this home is perfect for families seeking both a peaceful neighbourhood and easy access to amenities. As you enter, you'll be welcomed by a spacious main floor that boasts a large family room with beautiful hardwood floors. The family room seamlessly flows into the dining area, creating a bright and open living space. The updated kitchen is a standout, featuring gorgeous cabinetry, plenty of counter space, and an abundance of natural light streaming through the updated windows that fill the entire main floor with warmth. In addition, there is a bonus family room on the main level, which could easily serve as a third bedroom or office, depending on your needs. Upstairs, you'll find two generously sized bedrooms, both featuring hardwood floors and plenty of closet space. These rooms share a well-appointed 4-piece bathroom, offering comfort and privacy. The home is situated on a large corner lot, providing ample outdoor space for play or relaxation. The covered deck area in the backyard offers a perfect spot to enjoy the outdoors, rain or shine. The property also includes a single attached garage, ensuring convenience and storage. Located in a quiet area, this home is ideal for anyone looking for a peaceful retreat while being close to everything you need.

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Property Summary

This detached home located at 3 PARKSIDE Drive, Tillsonburg is currently for sale and has been available on SousaSells for 601 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 3 bathrooms, and is 1100-1500 square feet. 3 PARKSIDE Drive, Tillsonburg is in the Tillsonburg neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date11/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementUnfinished, Full
Lot Size60 × 120 Feet
CountyOxford
Annual Tax$3,021
Legal DescriptionLT 715K PL 500; TILLSONBURG

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Security Features

Community Features

Location

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3 PARKSIDE Drive, Tillsonburg, 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 3 PARKSIDE Drive, Tillsonburg, ON N4G 4A1

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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Tillsonburg, ON

For a property listed at $499,000 in Tillsonburg, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Tillsonburg, Tillsonburg.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$652,068

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

Annandale
Public60 Tillson Avenue, Tillsonburg, Ontario, N4G 3A1
3.1
Westfield
Public102 Dereham Drive, Tillsonburg, Ontario, N4G 0G5
5.1
South Ridge
Public10 South Ridge Road, Tillsonburg, Ontario, N4G 0C1
4.0

Secondary Schools

Glendale
Public37 Glendale Drive, Tillsonburg, Ontario, N4G 1J6
4.7

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.