117 WASHINGTON Street, Zorra, ON

$499,900
MLS#:X10780462
2 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Thamesford. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $499,900 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 50 x 165 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This house is as cute as a button. Fully stripped back to the studs and rebuilt with new wiring, PEX plumbing, ductwork, central air, all new drywall, new floors and trim. This house is now move in ready with not a thing to do on the inside. Would make a good investment as a rental or a great downsize or first time homebuyer option. This is a small house on a huge lot that is priced competitively for the fast growing town of Thamesford. Short drives to London, Woodstock or Ingersoll and the 401. Get out of the city and begin to realize a simple life in a small town where you can still walk at night and feel safe. Thamesford is small but it has that essential core set of businesses that provides all the things you need. Tim Hortons on the corner tells you that Thamesford is well located for all of your travelling needs. The second floor of the house consists of a huge master, an ensuite bath and a large walk in closet. Current owners are using the 7' 8' x 8'4' closet as a home office it is that big. Basement is dry but not capable of being finished, it does however provide extra storage space. This is the perfect little home for a young couple or those looking to retire to a small home in a great community. The yard is absolutely huge and ready for your landscaping ideas or lots of space for pool and hot tub or even an addition. The room labelled as a mudroom is begging for a patio door and some windows to make this space the perfect spot for a cup of coffee or a glass of wine. Come have a look and consider your next home being this one right here in Thamesford.

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Property Summary

This detached home located at 117 WASHINGTON Street, Zorra is currently for sale and has been available on SousaSells for 655 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 117 WASHINGTON Street, Zorra is in the Thamesford neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick, Aluminum Siding
BasementUnfinished, Partial Basement
Lot Size50 × 165 Feet
CountyOxford
Annual Tax$1,797
Legal DescriptionPT LT 6 s of washington st, 7 s of washington st pl 105 as in 477813; Zorra

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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117 WASHINGTON Street, Zorra, 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 117 WASHINGTON Street, Zorra, ON N0M 2M0

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Zorra, ON

For a property listed at $499,900 in Zorra, the legal minimum down payment is $24,995 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 $6,473 for this transaction. As this listing is in Zorra (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Thamesford, Zorra.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$757,006

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.