$442,500

For saleJust listed

25614 Downie Line, West Elgin - Single Family for Sale

25614 Downie Line, West Elgin, Ontario, N0L2P0

3 beds1 bath7 parking1,300 ft²132 × 165 ft (21,780 sq ft) lot sizeListed Yesterday

Overview

This 3-bedroom, 1-bathroom home in West Elgin is for sale offering roughly 1,300 sq ft of space. Listed at $442,500, it is attractively priced about 26% below the $599,900 median asking price in West Elgin. It has been on the market 1 day, fresher than the West Elgin average of 144 days.

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Description

Country Living with endless potential. Welcome to 25614 Downie Line in West Lorne, where peaceful country living meets endless possibilities! Proudly owned by the original owner since it was built in 1976, this 3 bedroom, 1 bathroom detached bungalow is ready for its next chapter. Offering approximately 1235 sq. ft. of main-floor living space, a basement with additional potential, and an attached single-car garage, this property presents an exciting opportunity to bring your vision to life. Situated on a pristine, private lot surrounded by the tranquility of the countryside, there's plenty of room to imagine what could be. Whether you're a renovator, investor, or buyer looking to create your dream country retreat, the possibilities are endless. Enjoy the privacy and charm of rural living without sacrificing convenience, with easy access to Highway 401, nearby West Lorne, and the beautiful attractions of Lake Erie. With a little imagination and the right vision, this property could become something truly special. Be sure to explore the virtually renovated images to see the potential come to life! Virtually renovated images are for illustration purposes only. With its peaceful setting, prime location, and endless possibilities, this is your opportunity to turn potential into something truly special. (id:66096)

Property Details

MLS®: X14142980
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 132 × 165 ft (21,780 sq ft)
Frontage: 132 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Oil
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Bedroom: 3.58 x 4.69 meters
Kitchen: 3.79 x 3.56 meters
Dining room: 3.07 x 3.56 meters
Primary Bedroom: 4.1 x 3.56 meters
Bedroom 2: 3.48 x 2.6 meters
Bedroom 3: 2.58 x 3.18 meters

Basement

Recreational, Games room: 7.35 x 3.74 meters
Utility room: 8.2 x 4.1 meters
Other: 4.66 x 4.1 meters
Den: 4.57 x 3.74 meters

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

Features

Foundation: Concrete
Exterior: Brick
Lot Features: Wooded area, Flat site, Dry, Sump Pump

Services

Water: Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

West Elgin listings, avg age

144d

Price / ft²

$340

List price

$443K

Haho

This 3-bed single family in West Elgin has been listed for 1 day, which is 143 days fresher than the city average of 144. Act while there is still low competition.

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Listed by RE/MAX CENTRE CITY REALTY INC. · BREANNE MELNYK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $442,500, about 4.4× the local median household income of $100,000.

Carrying it typically needs a household income of about $86,436 (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)

$442,500· $340/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,125

Min 5%50%

Mortgage payment$2,331/mo

↳ CMHC premium ($16,815 capitalized)

Property tax (est.)$228/mo

Total monthly$2,559

Cash Needed to Close

Down payment (5%)$22,125

Land transfer tax$5,325

Est. closing costs$3,828

Total cash needed$31,278

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