$310,000

$329,900For salePrice drop↓ $19,900 (6%)

152 Elm Street, West Elgin (West Lorne) - Single Family for Sale

152 Elm Street, West Elgin (West Lorne), Ontario, N0L2P0

2 beds1 bath2 parking900 ft²40 × 146 ft (5,778 sq ft) lot sizeListed 42 days ago

Overview

This 2-bedroom, 1-bathroom home in West Elgin is for sale offering roughly 900 sq ft of space. Listed at $310,000, it is attractively priced about 31% below the $450,000 median asking price in West Elgin. It has been on the market 42 days, fresher than the West Elgin average of 55 days.

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Description

Nestled in the heart of the charming small town of West Lorne, this unique bungalow offers character, comfort, and timeless appeal. Inside, you'll find 2 comfortable bedrooms and a 4-piece bathroom featuring a classic clawfoot tub. The open-concept kitchen showcases custom pine cabinetry, live-edge shelving, and plenty of character, while hardwood floors flow throughout the home. A gas fireplace creates a warm and inviting atmosphere in the main living space .Step outside to enjoy the thoughtfully designed outdoor space, complete with a flagstone walkway, hot tub, and a fully fenced yard-ideal for relaxing, entertaining, or letting kids and pets play safely. As an added bonus, the property includes a finished outbuilding equipped with baseboard heating, offering excellent potential for a home office, studio, workshop, or hobby space.Don't miss this opportunity to enjoy the charm and comfort of small-town living in beautiful West Lorne! (id:66096)

Property Details

MLS®: X13817690
Property Type: Single Family
Zoning: R1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 146 ft (5,778 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Primary Bedroom: 3.07 x 2.68 meters
Kitchen: 8.43 x 3.14 meters
Living room: 5.66 x 3.12 meters
Bedroom: 3.03 x 2.67 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Flat site, Dry, Carpet Free

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

42d

West Elgin (West Lorne) listings, avg age

55d

Price / ft²

$344

List price

$310K

Haho

This 2-bed single family in West Elgin (West Lorne) has been listed for 42 days, which is 13 days fresher than the city average of 55. Act while there is still low competition.

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Listed by SUTTON GROUP - SELECT REALTY · REBECCA WALKER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $310,000, about 3.1× the local median household income of $100,000.

Carrying it typically needs a household income of about $60,554 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$310,000· $344/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,500

Min 5%50%

Mortgage payment$1,633/mo

↳ CMHC premium ($11,780 capitalized)

Property tax (est.)$118/mo

Total monthly$1,750

Cash Needed to Close

Down payment (5%)$15,500

Land transfer tax$3,125

Est. closing costs$3,430

Total cash needed$22,055

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