25222 Mcmurchy Line, West Elgin, ON

$574,900
MLS#:X9419028
2 beds
1 baths
11.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural West Elgin. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $574,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 269.59 x 323.16 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Escape to your private retreat in West Lorne, where this charming 2 bedroom, 1 full bathroom bungalow offers the perfect blend of tranquility and convenience. Situated on 2 serene acres surrounded by farmland, this 1,270 square-foot home is a peaceful oasis on a closed-end road, ensuring utmost privacy and quiet living. The property features a stunning covered post-and-beam front porch and deck, ideal for soaking in the picturesque private pond and surrounding country views. The spacious, open-concept kitchen, dining, and living area is perfect for gatherings, offering ample space and natural light. A large mudroom, located between the attached garage and kitchen, houses the main floor laundry for added convenience. Stay warm and cozy in the winter months with a wood stove in the lower level, helping to reduce heating costs. The large master bedroom includes a walkout to the backyard, allowing you to step directly into your own outdoor sanctuary. A second bedroom and a four-piece bath complete the main level. With a durable metal roof installed in 2017 and a private pond, this property is not only a beautiful home but also so much potential. Located close to Highway 401, this rural gem offers the perfect blend of seclusion and accessibility, making it the ideal place to enjoy peaceful country living.

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Property Summary

This detached home located at 25222 Mcmurchy Line, West Elgin is currently for sale and has been available on SousaSells for 631 days. This property is listed at $574,900 with an estimated mortgage of $1,914* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 25222 Mcmurchy 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
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date10/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size269.59 × 323.16 Feet
CountyElgin
Annual Tax$3,326
Legal DescriptionPART OF LOT 21 CON B BROKEN FRONT ALDBOROUGH DESIGNATED AS PART 1, 11R-10005 MUNICIPALITY OF WEST ELGIN

Parking & Garage

Parking Spaces11.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Lake/Pond, School Bus Route

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned

Security Features

Community Features

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Location

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25222 Mcmurchy 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 25222 Mcmurchy Line, West Elgin, ON N0L 2P0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$172,470 (30.0%)
* Minimum Canadian down payment required for this price is $32,490.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,430 over 30 years.
Purchase Price$574,900
Loan Amount$402,430
Provincial Land Transfer Tax:$7,973
Total Estimated Closing Taxes:$7,973

About Purchasing a Home in West Elgin, ON

For a property listed at $574,900 in West Elgin, the legal minimum down payment is $32,490 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 $7,973 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 $7,973.

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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$1,241,082

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.