305 Furnival Road, West Elgin, ON
Property no longer active
This property was sold on May 21, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Other vacant land located in the coveted neighborhood of Rodney. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $130,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 49.5 x 161 ft lot size
- Notable attributes: None
Description
Looking to build? Look no further! This fully serviced residential lot, measuring approximately 49.5 feet wide by 161 feet deep, is the ideal foundation for your next build. With affordable development fees, you'll spend less on fees and more on your building your dream home. Nestled in the charming village of Rodney, this quiet and safe community combines the best of small-town living with convenient access to modern amenities. Enjoy being close to the downtown core, where you'll find restaurants, shops, and a grocery store, as well as a short drive to the community centre, arena, and the beautiful Port Glasgow beach. With easy access to the 401, South London is just 35 minutes away, and Chatham-Kent is only 30 minutes down the highway. Whether you're planning to settle down or invest, this spacious lot offers endless possibilities. Don't miss this opportunity to create the home you've always dreamed of in Rodney!
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Property Summary
This vacant land located at 305 Furnival Road, West Elgin is currently for sale and has been available on SousaSells for 554 days. This property is listed at $130,000 with an estimated mortgage of $433* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 305 Furnival Road, West Elgin is in the Rodney neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 305 Furnival Road, 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 $130,000 in West Elgin, the legal minimum down payment is $6,500 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 $1,025 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 $1,025.
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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.