555 Erie Street, Warwick, ON
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Watford. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $779,900 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 66 x 131 ft lot
- Features a full, unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned, On Demand Water Heater
- equipped with central air, wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Experience the perfect blend of historic charm and contemporary luxury in this meticulously restored two-story century home, located in the heart of classic Watford. The main floor serves as a showcase of timeless craftsmanship, featuring exquisite original woodwork paired with seamless reproduction pieces that honor the home's heritage. This level is designed for both comfort and elegance, boasting a convenient powder room and a layout that radiates warmth. Every inch of this residence has been lovingly restored to better-than-original condition, preserving the soul of the past while providing a sophisticated backdrop for modern living. The upper levels offer unparalleled versatility and mechanical peace of mind, starting with a second floor that has been fully insulated, drywalled, and equipped with a high-efficiency HVAC system, including three-way climate control in select rooms. With three full bathrooms, including a private primary en-suite, and a finished attic featuring a rough-in for a fourth full bath, there is ample space for a growing family or a dedicated home office. The exterior is equally impressive, protected by a premium steel shingle roof and a fresh coat of paint applied just last year. This home is steeped in local history, and it is now ready for you to move in and begin writing your own chapter. Check out this Facebook link to its history,
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Pricing & Value Insights
Data-driven valuation for 555 Erie Street, Warwick, ON N0M 2S0
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About Purchasing a Home in Warwick, ON
For a property listed at $779,900 in Warwick, the legal minimum down payment is $52,990 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 $12,073 for this transaction. As this listing is in Warwick (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,073.
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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.