7 SECOND Street, Tillsonburg, ON

$565,000
MLS#:X10744730
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Tillsonburg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $565,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 150 x 55 ft lot
  • Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Treatment, Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this charming 3-bedroom, 2-bathroom home for sale, nestled next to the picturesque Lake Lisgar in Tillsonburg with a 2 car garage and plenty of living space indoors and outdoors. Experience the best of both worlds in this centrally located property that offers tranquility along with the convenience of being able to walk to various local amenities. Spend your evenings strolling by the lake or enjoy a serene kayak ride. The home is perfect for those who appreciate a peaceful lifestyle while staying connected to the community. This smart home is equipped with Lutron systems, allowing you to control lights and temperature from your smartphone, alongside Eufy cameras and smart locks for enhanced security which can also be controlled from you phone. Relax on the expansive deck with the included patio set and hot tub, complete with an automated cover and side shields, ensuring enjoyment in any weather. The home also features additional outdoor areas including a back patio where you can enjoy summer days and a front porch. Escape to the powered loft in the partially insulated garage, the perfect retreat for hobbies or a personal lounge. The spacious basement with 10 ft ceilings offers great potential for customization, including a roughed-in bath and walkout, ideal for a large recreation room or granny suite. Laundry is currently located downstairs but washer and dryer hookups are both installed and ready to be used on the main level. Both the home and garage feature metal roofs allowing for worry-free living ensuring long-lasting durability and minimal upkeep. Surrounded by mature trees with ample parking for trailers or guests in the second driveway, this property promises comfort and convenience in a stunning location.

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Property Summary

This detached home located at 7 SECOND Street, Tillsonburg is currently for sale and has been available on SousaSells for 631 days. This property is listed at $565,000 with an estimated mortgage of $1,881* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 7 SECOND Street, Tillsonburg is in the Tillsonburg neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementWalk-Out, Unfinished
Lot Size150 × 55 Feet
CountyOxford
Annual Tax$3,292
Legal DescriptionLT 531 PL 500; TILLSONBURG

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Water Treatment, Water Heater Owned, Water Softener, Central Vacuum

Security Features

Alarm System, Smoke Detector

Community Features

Location

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7 SECOND Street, 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 7 SECOND Street, Tillsonburg, ON N4G 1M1

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 Tillsonburg.

Configure Loan Settings

Interest Rate4.00%
Down Payment$169,500 (30.0%)
* Minimum Canadian down payment required for this price is $31,500.
Amortization Period30 Years
Estimated Monthly Payment$1,881Based on a loan of $395,500 over 30 years.
Purchase Price$565,000
Loan Amount$395,500
Provincial Land Transfer Tax:$7,775
Total Estimated Closing Taxes:$7,775

About Purchasing a Home in Tillsonburg, ON

For a property listed at $565,000 in Tillsonburg, the legal minimum down payment is $31,500 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 $7,775 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 $7,775.

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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.