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$609,000
St. Thomas
11 Hoylake Road, St. Thomas, Ontario, N5R0R9
This 4-bedroom, 4-bathroom home in St. Thomas is for sale offering roughly 1,750 sq ft of space. It has been on the market 48 days, fresher than the St. Thomas average of 71 days.
A new approach to home ownership has arrived in St. Thomas. This thoughtfully designed new-build residence was created for the modern housing market, combining a beautiful family home with a completely separate, legal 1-bedroom secondary dwelling. This isn't simply a finished basement- the approximately 700 sq. ft. lower residence was purpose-built as a self-contained living space, giving you incredible flexibility from day one. Live in the spacious 1,858 sq. ft. main residence while renting the lower unit, provide an independent home for a family member, or add a turnkey income property to your investment portfolio. At a time when both rents and mortgage payments have become increasingly expensive, the ability to generate substantial rental income from your own property offers a new solution to affordability. With over 2,500 sq. ft. of combined finished living space, these homes also feature 9' main-floor ceilings, impressive 8' doors, hard-surface countertops, walk-in closets, an attached garage and a dedicated work-from-home office. Located on a deep lot in desirable Shaw Valley, close to schools, childcare and just a short drive to Port Stanley. Two living spaces. One property. A smarter way to own. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 71 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in St. Thomas has been listed for 48 days, which is 23 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $609,000, about 7.6× the local median household income of $80,000.
Carrying it typically needs a household income of about $118,959 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5R)
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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.