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$579,900

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48 Cottonwood Drive, St. Thomas - Single Family for Sale

48 Cottonwood Drive, St. Thomas, Ontario, N5P4M7

4 beds2 baths3 parking1,300 ft²46 × 111 ft (5,099 sq ft) lot sizeListed 7 days ago

Overview

This 4-bedroom, 2-bathroom home in St. Thomas is for sale offering roughly 1,300 sq ft of space. It has been on the market 7 days, fresher than the St. Thomas average of 71 days.

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Description

Welcome to this move-in ready, extensively updated former model home by Cannon Homes in the north-east end of St. Thomas, with easy access to London via Highbury or Wellington Rd. Tons of updates have been done in the last 5 years, including new (2023) North-Star double-hung windows, (lifetime transferrable warranty), patio door, and exterior doors (both with keyless entry). Bigger than it looks, this freshly painted 3+1 bedroom bungalow with a single car garage (inside entry and wifi enabled garage door opener with keyless entry) has a beautiful updated kitchen and dining area (2025) with plenty of cupboard space (with pull out drawers) and quartz countertops. From the dining area, you walk out through a patio door that leads you to a covered deck with glass railing on a fully fenced private backyard with a raised vegetable garden. The fully finished basement, tastefully renovated in 2021 and meticulously maintained, comes with a spacious family room/playroom with a built-in entertainment unit and electric fireplace, an office, an extra bedroom, with egress window, perfect for your overnight guest, plus a 3-pc bathroom and more storage. AC 2018, Hot water tank 2024. Perfect home for everyone, from young professionals, a young/growing family, or a family that is looking to downsize. (id:66096)

Property Details

MLS®: X14126354
Property Type: Single Family
Zoning: R3-63
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 46 × 111 ft (5,099 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 4.84 x 4.92 meters
Dining room: 3.02 x 3.42 meters
Bedroom: 2.86 x 3.8 meters
Kitchen: 3.42 x 4.07 meters
Primary Bedroom: 3.45 x 4.23 meters
Bedroom: 2.88 x 3.8 meters

Basement

Recreational, Games room: 7.28 x 8.17 meters
Utility room: 2.69 x 1.84 meters
Den: 2.91 x 2.74 meters
Bedroom: 2.81 x 4.67 meters

Features

Appliances: Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

St. Thomas listings, avg age

71d

Price / ft²

$446

List price

$580K

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 4-bed single family in St. Thomas has been listed for 7 days, which is 64 days fresher than the city average of 71. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · LESTARI RUPERT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5P)

This home lists at $579,900, about 7.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $113,275 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.

Median household income: $77,500
Population: 21,081
Median age: 42.8
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N5P)

$579,900· $446/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $32,990

Min 5.69%50%

Mortgage payment$3,032/mo

↳ CMHC premium ($21,876 capitalized)

Property tax (est.)$294/mo

Total monthly$3,326

Cash Needed to Close

Down payment (5.69%)$32,990

Land transfer tax$8,073

Est. closing costs$4,240

Total cash needed$45,303

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Open house

48 Cottonwood Drive, St. Thomas - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N5P)

Book a showing

Full Cost Breakdown