56 ALBERT Street, West Perth, ON

$685,000
MLS#:X11904523
4 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

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

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Mitchell. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $685,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 71.54 x 104.94 ft lot
  • Features a finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Sump Pump, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning, well-maintained family home in the heart of Mitchell, Ontario. As you drive up this quiet street, the beautiful curb appeal and welcoming atmosphere will immediately draw you in. Once you step inside, you'll fall in love with the open-concept loft feel, accentuated by sleek railings and gleaming hardwood floors. The custom kitchen is a true highlight, featuring new cabinetry, island and stainless steel appliances. It seamlessly overlooks the spacious family living room, making it easy to stay connected with loved ones while preparing meals or relaxing together. Down the hallway, you'll discover an updated, spa-like bathroom complete with a large soaker tub, a glass shower, and a double-sink vanity spacious enough for everyone to get ready comfortably. The main level also offers three bright and inviting bedrooms, while the basement includes an additional room that can be used as a fourth bedroom or a private home office. The lower level features a bright recreation room, perfect for family activities or unwinding after a long day. You'll also find a second bathroom, a laundry room, large storage area and convenient access to the attached garage and workshop. Outside, the home continues to impress. Step onto the spacious deck, perfect for grilling and outdoor dining, with plenty of room in the backyard for kids and pets to run and play. Mitchell, Ontario, offers everything you could want, from fantastic shops and restaurants to excellent schools and beautiful parks, all within easy reach. Plus, the location provides quick access to London, Stratford, and Kitchener, making it an ideal place to live. This incredible home truly has it all. Don't miss your chance to make it yours call your realtor today to schedule a viewing!

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Property Summary

This detached home located at 56 ALBERT Street, West Perth is currently for sale and has been available on SousaSells for 560 days. This property is listed at $685,000 with an estimated mortgage of $2,280* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 56 ALBERT Street, West Perth is in the Mitchell neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 27, 2025
Sold price information is available to members only
Listed Date1/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionVinyl Siding, Brick
BasementFinished, Partial Basement
Lot Size71.54 × 104.94 Feet
CountyPerth
Annual Tax$2,875.01
Legal DescriptionLOT 22 PLAN 568; S/T EASE OVER PART 2, 44R3573 AS IN LT1085; WEST PERTH

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital

Interior Features

Water Heater, Sump Pump, Air Exchanger

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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56 ALBERT Street, West Perth, 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 56 ALBERT Street, West Perth, ON N0K 1N0

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 Perth.

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Interest Rate4.00%
Down Payment$205,500 (30.0%)
* Minimum Canadian down payment required for this price is $43,500.
Amortization Period30 Years
Estimated Monthly Payment$2,280Based on a loan of $479,500 over 30 years.
Purchase Price$685,000
Loan Amount$479,500
Provincial Land Transfer Tax:$10,175
Total Estimated Closing Taxes:$10,175

About Purchasing a Home in West Perth, ON

For a property listed at $685,000 in West Perth, the legal minimum down payment is $43,500 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 $10,175 for this transaction. As this listing is in West Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,175.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$667,363

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.