151 John Street, West Elgin, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of West Lorne. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $109,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 66 x 132 ft lot size
- Notable attributes: None
Description
Thinking about building? Now is your chance! This 66x126 rectangular corner residential building lot is situated in the heart of West Lorne. Walking distance to all local amenities, parks and schools, and 1 minute drive to highway 401. Just a 10 minute drive to Port Glasgow beach, marina and yacht club. 30 minute commute to London or St. Thomas. Municipal water & sewer available at the lot line.
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Property Summary
This vacant land located at 151 John Street, West Elgin is currently for sale and has been available on SousaSells for 575 days. This property is listed at $109,900 with an estimated mortgage of $366* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 151 John Street, West Elgin is in the West Lorne neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 151 John Street, West Elgin, ON N0L 2P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in West Elgin, ON
For a property listed at $109,900 in West Elgin, the legal minimum down payment is $5,495 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 $824 for this transaction. As this listing is in West Elgin (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $824.
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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.