$600,000
Central Elgin
48 South Valerie Street, Central Elgin, Ontario, N5R1A8
This 4-bedroom, 2-bathroom home in Central Elgin is for sale offering roughly 1,300 sq ft of space. Listed at $600,000, it is attractively priced about 14% below the $699,900 median asking price in Central Elgin. It has been on the market 15 days, fresher than the Central Elgin average of 66 days.
Welcome to 48 South Valerie Street, located in a sought-after, established and quiet Central Elgin neighbourhood on the edge of St. Thomas. Set on just under an acre, this two-storey home offers 4 bedrooms, 1.5 bathrooms, a detached double-car garage and plenty of potential to make it your own. The welcoming entry leads to a character-filled living room featuring a wood fireplace (not currently in use), flowing into the formal dining area with sliding doors to a deck overlooking the side yard. The kitchen offers ample space and access to a second deck, creating even more room to enjoy outdoor living. The main floor also features a primary bedroom with a convenient 2-piece ensuite. Upstairs, you'll find three good-sized bedrooms, a 4-piece bathroom and ample storage. The partially finished basement offers endless possibilities for additional living space, whether you envision a games room, home theatre, cozy family room or hobby space. There's also potential for an additional bedroom, office or den, along with a cold storage room, utility room and laundry area. Recent updates include R-22 blown-in attic insulation, upgraded electrical, copper and ABS/PEX plumbing, furnace and A/C (2018), basement wall improvements (2021), bathroom updates (2022) and pressure tank (2023). Outside, the expansive lot is ready for your backyard vision, while the long asphalt driveway accommodates up to 10 vehicles. If you're looking for space, a peaceful setting and an opportunity to add your own style, this property is full of possibilities! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Central Elgin has been listed for 15 days, which is 51 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $600,000, about 7.5× the local median household income of $80,000.
Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5R)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.