
Unit 2, 62 Compass Trail
Central Elgin (Rural Central Elgin), ON N5L 0B4
- 2Bedrooms
- 2Bathrooms
- 1Garage
- 1200–1399Sq Ft
- —Tax
- $180/moCondo Fee
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 2, 62 Compass Trail, Central Elgin, Rural Central Elgin
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-25 | 2026-09-09 | Login to See Prices | Sold | x12820026 |
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About Unit 2, 62 Compass Trail, Central Elgin, Rural Central Elgin
Summarized Description
- Brand new 1,250 sq ft freehold attached condo.
- Located minutes from Port Stanley's Main Beach.
- Offers $30,000 in direct savings.
- High-end upgrades valued at $90,000.
- Designed for easy living and personal customization.
- Ideal for snowbirds and busy professionals.
- Opportunity for basement finishing and lighting additions.
- Experience lakeside living with elegance.
Experience the perfect blend of comfort and coastal charm in the Modern Value Incentive located at 62 Compass Trail, Unit #2, where we are simply making luxury accessible. This beautifully crafted 1,250 square foot freehold attached condo is situated just minutes from Port Stanley's Main Beach and represents an incredible financial opportunity with a total retail value of $669,900 offered at a price of $639,900. By securing this home, you benefit from $30,000 in direct savings, as this specific model features $90,000 in high-end upgrades on a $579,900 base price. Designed for those who appreciate thoughtful finishes and easy living, this brand-new home offers main floor living with the incredible opportunity to add your own personal touches through the builder's selection process. If you are looking to finish the basement or add additional lighting, the possibilities are endless. These homes offer a lock-and-leave lifestyle perfect for snowbirds, down-sizers, or busy professionals looking to simplify life in a vibrant community moments away from shops, dining, and the picturesque shoreline. Whether you are seeking a year-round residence or a weekend escape, this is your chance to secure a lifestyle of ease, elegance, and lakeside living. Please note that these homes are to be built and current photos are from a previous model with upgrades not included in the base price. OPEN HOUSE Saturday 1pm-3pm at Model Home Located at 62 Compass Trail, Unit 1
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $8,273
Condo/Maintenance Fee
- Maintenance Fee
- $180 /month
Included In Maintenance Fee
- Parking Included
- Common Elements Included
- Basement Type
- Unfinished, Development Potential
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Balcony
- None
- Exterior Extras
- Landscaped, Year Round Living
Building
- Building Type
- Vacant Land Condo
- Building Style
- Bungalow
- Approx Age
- New
- Condo Corp Number
- 11
Construction
- Exposure
- North
- Exterior Finish
- Board & Batten , Brick
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 2
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level, Double Sink, Custom Counter
- Great Room—Main level, Vaulted Ceiling(s), Combined w/Dining
- Primary Bedroom—Main level, Ensuite Bath
- Den—Main level
Washrooms
- 4-piece, Main
- Municipality
- Central Elgin
- Neighbourhood
- Rural Central Elgin
- Main cross streets
- Compass Trail and East Rd.
- Directions
- Compass Trail and East Rd.
- MLS® number
- X12820026
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-09
- Listed on
- 2026-02-25
- Days on market
- 196 days
- Possession type
- Other
- Co-op commission
- 2% NET HST
- Seller
- Listed by
- PRIME REAL ESTATE BROKERAGE
Home Market Value
Current home valuation for Unit 2, 62 Compass Trail, Central Elgin, Rural Central Elgin, Central Elgin, ON. Listed for $589,900
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for Unit 2, 62 Compass Trail, Central Elgin, Rural Central Elgin
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $89,900 over $500K
$33,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,227 | $16,458 | $14,040 | $0 |
=Total mortgage | $577,913 | $547,368 | $515,455 | $471,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,822monthly | $2,673monthly | $2,517monthly | $2,304monthly |
Land Transfer Tax
$8,273
$8,273
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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