303 Ridout Street, West Elgin, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rodney. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $225,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 60.07 x 277.77 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 303 Ridout St. This cozy home is the perfect project for DIY enthusiasts! Currently a 2 bedroom, 1 bathroom main level home with spacious entry way and sunroom. The possibilities are endless. The Property features High efficiency furnace and water heater and boasts new AC. Half the work is started for you. Lots of materials can be included in the purchase to make finishing this home a breeze! Enjoy the quiet and privacy of a large lot with all the potential of hosting summer evenings around a warm firepit. There is a large garage that can fit any vehicle or be used as a workshop. Come take a look and then start the process of making this home truly your own.
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Property Summary
This detached home located at 303 Ridout Street, West Elgin is currently for sale and has been available on SousaSells for 762 days. This property is listed at $225,000 with an estimated mortgage of $749* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 303 Ridout 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Place Of Worship, Rec./Commun.Centre, School
Interior Features
Water Heater, Water Heater Owned
Security Features
Community Features
Location
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 303 Ridout Street, West Elgin, ON N0L 2C0
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 $225,000 in West Elgin, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.
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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.