5 John Pound Road, Unit 16, Tillsonburg, ON

$699,000
MLS#:X9353446
2 beds
3 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 11, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached condo located in the coveted neighborhood of Tillsonburg. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,000 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 1000-1199 sqft
  • Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This modern residence offers sleek features and timeless design, creating a unique opportunity to make this elegant space your own. The combination of stone and stucco exteriors provides a striking first impression as you enter the impressive court. Step into the inviting foyer, or use the private entrance from the attached single-car garage, and discover the open-concept living space. The kitchen is a chefs dream, designed for entertaining with white oak cabinetry, a large quartz island, beveled subway tile, and navy steel appliances all enhanced by under-cabinet LED lighting and natural light from expansive, trim less windows. The kitchen flows seamlessly into the living room, centered around a custom shiplap mantle and gas fireplace. An all-glass door leads to the upper balcony, showcasing peaceful views of the private pond and waterfall that defines this community. The glass railings provide unobstructed views, enhancing the tranquil outdoor setting. The spacious primary bedroom, located on the main level, features an ensuite with a modern marble-tiled shower, iron finishes, glass sliding doors, and a luxurious rain shower head. The custom-designed hardwood staircase leads to the fully finished lower level, complete with baseboard LED lighting, a covered stone patio, a second bedroom, a full bathroom, and additional storage space. Enjoy the convenience of maintenance-free living in this beautifully designed home at Millpond Estates. (Some images have been virtually staged.)

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Property Summary

This detached home located at 5 John Pound Road, Tillsonburg is currently for sale and has been available on SousaSells for 670 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 2 beds, 3 bathrooms, and is 1000-1199 square feet. 5 John Pound Road, 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
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date9/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached Condo
Architectural StyleBungalow
ConstructionStone, Stucco (Plaster)
BasementFull, Finished with Walk-Out
CountyOxford
Annual Tax$4,003.33

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Lake/Pond

Interior Features

Sump Pump

Security Features

Community Features

Location

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5 John Pound Road, Unit 16, 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 5 John Pound Road 16, Tillsonburg, ON N4G 5X3

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$209,700 (30.0%)
* Minimum Canadian down payment required for this price is $44,900.
Amortization Period30 Years
Estimated Monthly Payment$2,327Based on a loan of $489,300 over 30 years.
Purchase Price$699,000
Loan Amount$489,300
Provincial Land Transfer Tax:$10,455
Total Estimated Closing Taxes:$10,455

About Purchasing a Home in Tillsonburg, ON

For a property listed at $699,000 in Tillsonburg, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.

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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.