494 RIDEAU Road, Woodstock, ON

$589,900
MLS#:X8441212
3 beds
2 baths
3.0 parking
Residential Freehold
494 RIDEAU Road, Woodstock, ON N4S 8P7
⚠️

Property no longer active

This property was sold on June 19, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Woodstock - South. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $589,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 50 x 1047 ft lot size
  • Features a partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Halfway down this peaceful cul-de-sac, lined with mature trees, you will find this delightful backsplit. The home features 3 spacious bdrm, 2 modern baths and it has had numerous updates over the past several years, including flooring, a new fence, an upgraded electrical panel, a new fireplace & new pool pump. The home is in move-in condition, freshly painted with new carpets, there is nothing to do inside. Outside mature gardens surround the inviting pool, this backyard is perfect for entertaining friends or relaxing on quiet Saturday at home with the family. Enjoy the peace and comfort of this tranquil neighborhood that offers great proximity to local amenities, including shopping, parks, trails, schools and the popular Reeves Community Center. Despite its serene setting, the home also provides excellent highway access, with the 401 only 2 minutes away. Get ready to make a splash this summer your perfect family oasis awaits!

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Property Summary

This detached home located at 494 RIDEAU Road, Woodstock is currently for sale and has been available on SousaSells for 785 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 494 RIDEAU Road, Woodstock is in the Woodstock - South neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Woodstock - South, Woodstock.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in Woodstock - South, Woodstock
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Woodstock.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 19, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick Front, Vinyl Siding
BasementPartially Finished, Separate Entrance
Lot Size50 × 1047 Feet
CountyOxford
Annual Tax$3,785
Legal DescriptionPARCEL 23-1,SECTION M66 LT 23, PLAN M66 WOODSTOCK

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 494 RIDEAU Road, Woodstock, ON

Q.What is the asking price for 494 RIDEAU Road, Woodstock, ON ?

The current listing price for 494 RIDEAU Road, Woodstock, ON in Woodstock - South, Woodstock is $589,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 494 RIDEAU Road, Woodstock, ON ?

494 RIDEAU Road, Woodstock, ON is a Detached (Backsplit 4) featuring a Partially Finished, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Carport).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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494 RIDEAU Road, Woodstock, 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 494 RIDEAU Road, Woodstock, ON N4S 8P7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Woodstock.

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Interest Rate4.00%
Down Payment$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Woodstock, ON

For a property listed at $589,900 in Woodstock, the legal minimum down payment is $33,990 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 $8,273 for this transaction. As this listing is in Woodstock (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,273.

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Woodstock - South, Woodstock Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woodstock - South, Woodstock.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,288,518

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%

Best Schools in Woodstock - South, Woodstock

Elementary Schools

Oliver Stephens
Public164 Fyfe Avenue, Woodstock, Ontario, N4S 3S6
6.2
Eastdale
Public65 Aileen Drive, Woodstock, Ontario, N4S 4A2
2.8
Southside
Public360 Albert Street, Woodstock, Ontario, N4S 2L4
5.3
St Patrick's
Public344 Parkinson Road, Woodstock, Ontario, N4S 2N6
6.0
Central
Public410 Hunter Street, Woodstock, Ontario, N4S 4G4
3.4

Secondary Schools

College Avenue
Public700 College Avenue, Woodstock, Ontario, N4S 2C8
3.7
St. Mary’s
Catholic431 Juliana Drive, Woodstock, Ontario, N4V 1E8
5.2
Woodstock
Public35 Riddell Street, Woodstock, Ontario, N4S 6L9
5.8
Huron Park
Public900 Cromwell Street, Woodstock, Ontario, N4S 5B5
4.8

Woodstock - South, Woodstock Demographic Home information

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.