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$819,000
Central Elgin
9664 Belmont Road, Central Elgin (New Sarum), Ontario, N5P3S7
This 4-bedroom, 2-bathroom home in Central Elgin is for sale offering roughly 2,250 sq ft of space. Listed at $819,000, it is attractively priced about 34% below the $1,249,900 median asking price in Central Elgin. It has been on the market 15 days, fresher than the Central Elgin average of 36 days.
A little country living, a little entrepreneurial freedom, and a whole lot of possibilities. Why settle for just a home when you could have a property that offers so much more? Set on 1.45 beautifully landscaped acres in New Sarum, just minutes from St. Thomas, this unique property brings together character, versatility, and a lifestyle that's hard to come by. The lovingly maintained two-storey home offers over 2,000 sq. ft. of inviting living space, filled with warmth, thoughtful updates, and a beautifully designed kitchen at the heart of it all. Adding to the versatility is a fully self-contained secondary suite with its own entrance, kitchen, living area, bedroom, bathroom, and laundry, ideal for extended family or potential rental income. For those dreaming of working from home or having space to pursue their passions, the detached shop is a standout feature, offering multiple workshop bays, a reception area, paint room, separate hydro meter, gas service, high-speed internet, bathroom, and additional studio. Business uses are subject to applicable zoning and approvals. Outside, enjoy summer afternoons by the pool, peaceful moments by the pond, and the simple pleasures of country living with a gazebo, fruit and berry plantings, herb garden, and chicken coop. A property where home, work, and lifestyle can come together, with the space and flexibility to make it your own. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 36 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 (New Sarum) has been listed for 15 days, which is 21 days fresher than the city average of 36. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $819,000, about 10.6× the local median household income of $77,500.
Carrying it typically needs a household income of about $159,979 (20% down, 25-yr amortization, stress-tested) — roughly 106% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.