Sold for:Sold Nov 21, 2024
$1,449,000

562 George Street

Central Elgin (Rural Central Elgin), ON N5L 1H4

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 562 George Street, Central Elgin, Rural Central Elgin

2024-09-19
2024-11-21
Sold
Price
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MLS#
x9358440

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 562 George Street, Central Elgin, Rural Central Elgin

Very rare opportunity to acquire a legacy family property within a reasonable driving distance to London and St. Thomas. Located on the shore of Lake Erie; this exceptional home has been owned and developed by some of the areas prestigious families. Your chance to own a year round home situated on a wooded/ conservation area type lot with 100.0 feet of private beach front; 3km of beach to walk at your back yard. This year round home is on a cul-de-sac road serviced with Municipal water and sanitary/storm sewers all the resort / marine amenities of Port Stanley yet close enough to the city to live and work year round. Massive deck and 3 season sunroom for those nightly sunset views and hypnotic wave sounds. Large south facing windows,numerous skylights and lower level walkout provide a positive amount of natural light. Oversized garage, 16 kilowatt standby natural gas powered electric generator an electric sump pump with back up powered by water pressure. Many major upgrades and replacements such as; Pella replacement Windows, Patio Doors and Front Door System throughout the main and second floors; have been undertaken to provide many years of worry free living. Close proximity to Hawk Cliff bird watching area. Part of the REC Room can be easily reconverted back into a 4th bedroom.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,886
Land Transfer Tax Fee
$25,455

Basement Type
Finished

Interior Features

Interior Extras
Auto Garage Door Remote
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None
Property Features
Beach, Cul de Sac/Dead End, Golf, Lake/Pond

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick Front, Stone
Roof
Asphalt Rolled, Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
101.56 ft
Lot Depth
504.00 ft
Lot Shape
Irregular

Inclusions

Inclusions
Dishwasher, Garage Door Opener, Range Hood, Smoke Detector, Window Coverings, All Window Coverings Applances are negorale

Exclusions

Exclusions
Chandeller in dining room. " Bruce St. Clair art plece on kitchen wall. book cases in lower Rec. Room. Metal Cabinet in garage

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
16
Total Garage And Parking Spaces
18

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Carpet Free, Pantry
  • Family Room—
    Main level, Fireplace, Skylight, Sliding Doors
  • Dining Room—
    Main level
  • Kitchen—
    Main level, Eat-in Kitchen, Skylight, Sliding Doors
  • Laundry—
    Main level, Finished, Pantry, Tile Floor
  • Sunroom—
    Main level, Skylight, Sliding Doors
  • Primary Bedroom—
    Second level, Broadloom, California Shutters, W/O To Balcony
  • Bedroom 2—
    Second level, California Shutters
  • Bedroom 3—
    Second level
  • Recreation—
    Lower level, 2 Pc Bath, Broadloom, Fireplace

Washrooms

  • 3-piece, Main
  • 4-piece, Second
  • 2-piece, Lower

Municipality
Central Elgin
Neighbourhood
Rural Central Elgin
Main cross streets
Cross over lift bridge : and keep going straight for 2 km . Bridge St. west becomes George St, continue west until near the end of George St Cul-de-sac.
Zoning
OS-2
Waterfront
Direct

MLS® number
X9358440
Data source
Toronto Regional Real Estate Board
Status change
2024-11-21
Listed on
2024-09-19
Days on market
63 days
Possession type
Flexible
Co-op commission
2%+HST
Seller
Listed by
SUTTON GROUP PREFERRED REALTY INC.

Home Market Value

Current home valuation for 562 George Street, Central Elgin, Rural Central Elgin, Central Elgin, ON. Listed for $1,449,000

HOMEH Estimate

?

$1,090,773

Estimated Sales Range

?

$763,541 - $1,418,005

HOMEH Estimate for 562 George Street, Central Elgin, Rural Central Elgin

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,090,773Low confidence
Based on 5 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Central Elgin, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $949,000 over $500K

Minimum down payment

$119,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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%
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+CMHC insurance
$53,149$40,427$34,486$0
=Total mortgage
$1,381,882$1,344,527$1,266,136$1,159,200
Amortization
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Payment frequency
=Mortgage payment
$6,747monthly$6,565monthly$6,182monthly$5,660monthly
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Land Transfer Tax

Provincial

$25,455

Total Land Transfer Tax

$25,455

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