207 Monroe Street, West Elgin, ON

$524,900
MLS#:X12414206
3 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey other located in the coveted neighborhood of Rodney. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $524,900 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 66 x 132 ft lot
  • Features a full, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: On Demand Water Heater, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 207 Monroe Street, a beautifully updated 1 and a half storey home nestled on a peaceful ravine lot in the heart of Rodney. This move-in ready 3-bedroom, 2-bathroom residence perfectly blends modern comfort with small-town charm. Step inside to discover a bright and stylish interior featuring quartz countertops in the large, well laid out kitchen, heated floors in the kitchen and in both bathrooms, and all-new appliances throughout. The home boasts major upgrades including updated electrical(2025), plumbing(2025), and vinyl siding(2025), along with a full, Walk up basement that has been spray-foamed for energy efficiency. Enjoy year-round comfort with a forced air gas furnace(2018), central air conditioning(2025), and an on-demand hot water tank(2025). The exterior is just as impressive, with a newer roof(2018), a spacious concrete driveway with RV parking and a 30AMP RV hook-up, a large covered front porch, 10x14 shed(2025) and a deck(2025) overlooking the scenic ravine. Venture down the stairs to a cozy firepit area, perfect for private and relaxing evenings under the stars. Only 4 minutes to the 401, 35 minutes to London or St. Thomas and 9 minutes to world class fishing at Port Glasgow Marina, this is a rare opportunity to own a thoughtfully updated home in a tranquil setting. Schedule your private showing today!

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Property Summary

This other located at 207 Monroe Street, West Elgin is currently for sale and has been available on SousaSells for 302 days. This property is listed at $524,900 with an estimated mortgage of $1,747* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 207 Monroe Street, West Elgin is in the Rodney 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
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 27, 2025
Sold price information is available to members only
Listed Date9/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeOther
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementFull, Walk-Up
Lot Size66 × 132 Feet
CountyElgin
Annual Tax$1,702
Legal DescriptionLT 3 BLK J PL 135 ALDBOROUGH; WEST ELGIN

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Marina, Park, Ravine, Rec./Commun.Centre, River/Stream, Wooded/Treed

Interior Features

On Demand Water Heater, Water Heater Owned

Security Features

Community Features

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Location

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207 Monroe Street, West Elgin, 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 207 Monroe Street, West Elgin, ON N0L 2C0

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 West Elgin.

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Interest Rate4.00%
Down Payment$157,470 (30.0%)
* Minimum Canadian down payment required for this price is $27,490.
Amortization Period30 Years
Estimated Monthly Payment$1,747Based on a loan of $367,430 over 30 years.
Purchase Price$524,900
Loan Amount$367,430
Provincial Land Transfer Tax:$6,973
Total Estimated Closing Taxes:$6,973

About Purchasing a Home in West Elgin, ON

For a property listed at $524,900 in West Elgin, the legal minimum down payment is $27,490 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 $6,973 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 $6,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rodney, West Elgin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$450,515

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

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Secondary Schools

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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.