$499,900

For saleJust listed

40 SCHREYER Drive, St. Thomas - Single Family for Sale

40 SCHREYER Drive, St. Thomas, Ontario, N5R6G9

2 beds2 baths3 parking900 ft²58 × 110 ft (6,342 sq ft) lot sizeListed 2 days ago

Overview

This 2-bedroom, 2-bathroom home in St. Thomas is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 10% below the $552,669 median asking price in St. Thomas. It has been on the market 2 days, fresher than the St. Thomas average of 71 days.

Houses for Sale in St. Thomas →All real estate in St. Thomas →

Description

Welcome to 40 Schreyer Drive, nestled in the sought-after Lake Margaret neighbourhood! This well-maintained detached bungalow offers a wonderful combination of comfort, functionality, and location. Featuring 2 bedrooms and a full bathroom on the main level, the home also boasts a bright, inviting kitchen with a walkout to the deck and fully fenced backyard, creating the perfect space to enjoy outdoor living, entertain family and friends, or simply unwind.Freshly painted throughout, this home offers a welcoming feel and move-in-ready appeal. The finished basement provides valuable additional living space with endless possibilities, whether you need a family room, hobby space, home office, or room to accommodate your lifestyle. Additional features include a single-car garage for added convenience and storage, along with a newer roof completed in 2021.Located in a mature and friendly neighbourhood, you'll love having walking trails just steps away and the beautiful surroundings of Lake Margaret close by. Whether you're a first-time buyer, downsizing, or looking for a home in a fantastic location, 40 Schreyer Drive is a great opportunity to make your next move! (id:66096)

Property Details

MLS®: X14137696
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 900 ft²
Lot Size: 58 × 110 ft (6,342 sq ft)
Frontage: 58 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, No Garage
Ownership: Freehold
Property Tax: $3,565/yr
Listed

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Thomas listings, avg age

71d

Price / ft²

$555

List price

$500K

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.

Haho

This 2-bed single family in St. Thomas has been listed for 2 days, which is 69 days fresher than the city average of 71. Act while there is still low competition.

Set a price alert Book a showing

Listed by ELGIN REALTY LIMITED · SCOTT STAFFORD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5R)

This home lists at $499,900, about 6.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $80,000
Population: 30,680
Median age: 44.8
Owner / renter: 74% / 26%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5R)

$499,900· $555/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$297/mo

Total monthly$2,930

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator