22938 Beattie Line, West Elgin, ON

$875,000
MLS#:X9416994
5 beds
1 baths
20.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Rural West Elgin. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $875,000 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.

  • 5 Bedrooms and 1 Bathroom
  • Premium 1084.02 x 1300 ft lot size
  • Features a partial basement, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 20.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Serene Country Retreat with Prime Recreational Potential!! Escape to your own private haven with this idyllic 27-acre property offering a perfect blend of tranquility and functionality. Nestled in a quiet, picturesque setting, this Cozy estate features approximately 20 acres of workable land and nearly 1,000 feet of pristine Thames River frontage, providing stunning natural views and ample opportunities for outdoor enjoyment.The property is zoned A1, making it ideal for agricultural or recreational uses. Within the charming home you will find 5 bedrooms, a large family/ living space, a large entry off the expansive covered front porch and a main floor bathroom, all reliably sheltered by a durable decorative steel roof. Comfort is assured with a forced air gas furnace and central air conditioning. Enjoying the privacy and secluded location doesn't mean you have to give up all of the conveniences of town, as this property boasts both Municipal water and Natural gas. A standout feature is the expansive 48' x 80' shop, designed for versatility and convenience. This structure includes a 24' x 24' insulated section complete with a washroom and multiple roll up doors, perfect for a variety of uses, whether it be for hobbies, Toy storage, or workshops. Only 8 minutes from the 401, 7 minutes from the local hospital and less than an hour from London... Experience the perfect blend of privacy and functionality in this exceptional country retreat, offering both a peaceful escape and ample space for all your recreational dreams

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Property Summary

This detached home located at 22938 Beattie Line, West Elgin is currently for sale and has been available on SousaSells for 636 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 5 beds, 1 bathroom, and is unknown square feet. 22938 Beattie Line, West Elgin is in the Rural West Elgin neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 6, 2024
Sold price information is available to members only
Listed Date10/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding
BasementPartial Basement, Unfinished
Lot Size1084.02 × 1300 Feet
CountyElgin
Annual Tax$2,397.82
Legal DescriptionPART LOT 12 CON BROKEN FRONT ALDBOROUGH DESIGNATED AS PART 1, 11R-8988 AND PART OF W 1/2 LOT 13 CON BROKEN FRONT ALDBOROUGH AS IN E100614; WEST ELGIN

Parking & Garage

Parking Spaces20.0
Garage Spaces20
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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22938 Beattie Line, 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 22938 Beattie Line, West Elgin, ON N0L 2N0

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$262,500 (30.0%)
* Minimum Canadian down payment required for this price is $62,500.
Amortization Period30 Years
Estimated Monthly Payment$2,913Based on a loan of $612,500 over 30 years.
Purchase Price$875,000
Loan Amount$612,500
Provincial Land Transfer Tax:$13,975
Total Estimated Closing Taxes:$13,975

About Purchasing a Home in West Elgin, ON

For a property listed at $875,000 in West Elgin, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,241,081

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.