Was listed for:Terminated Apr 18, 2025
$620,000

261 First Avenue

St. Thomas, ON N5R 4P8

Detached House TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 261 First Avenue, St. Thomas

2024-01-29
2025-04-18
Terminated
Price
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MLS#
x7975856

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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 261 First Avenue, St. Thomas

Property in need of interior cosmetic updating. Welcome to your dream home in the heart of St. Thomas! This beautiful house, nestled on a picturesque ravine lot, offers a perfect blend of tranquility and convenience. Located just a 2-minute drive from Elgin General Hospital, this residence is not only strategically positioned for healthcare professionals but also ensures quick access to top-notch medical facilities. Surrounded by lush greenery, this home is in proximity to parks, shopping centers, excellent schools, and all other essential amenities. The vibrant neighborhood ensures that you're always close to the things that matter most. As you pull into the driveway, you'll appreciate the convenience of the extra-long double-wide driveway, providing ample space for up to 6 cars. Parking will never be a concern when entertaining guests or accommodating a growing family. Step inside, and the open and spacious layout offers endless possibilities for creating the perfect living space for you and your family. With its great potential, this home is not just a residence but an investment opportunity. Whether you're looking for a family haven or considering rental income, this property is versatile enough to meet your needs. Don't miss the chance to make this ravine lot gem your forever home. Schedule a viewing today and experience the perfect blend of comfort, convenience, and potential that this St. Thomas residence has to offer!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,525
Land Transfer Tax Fee
$8,875

Rental Items

Under Contract
Hot Water Heater

Basement Type
Separate Entrance, Partially Finished

Interior Features

Interior Extras
None
View
Trees/Woods
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Porch
Pool
None
Property Features
Hospital

Building

Building Type
Detached
Building Style
Multi-Level
Approx Age
51-99

Construction

Exposure
West
Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
74.40 ft
Lot Depth
140.57 ft
Lot Size
0.239
Lot Size Code
140.57 x 74.4

Inclusions

Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

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

Bedrooms
3 + 2
Washrooms
2
Kitchens
1

Municipality
St. Thomas
Neighbourhood
St. Thomas
Main cross streets
Turn South on First Ave coming East on Elm St
Zoning
R
Directions
Turn South on First Ave coming East on Elm St
Waterfront
None

MLS® number
X7975856
Data source
itso
Status change
2025-04-18
Listed on
2024-01-29
Days on market
445 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
NU-VISTA PREMIERE REALTY INC., BROKERAGE

Home Market Value

Current home valuation for 261 First Avenue, St. Thomas, St. Thomas, ON. Listed for $620,000

HOMEH Estimate

?

$500,966

Estimated Sales Range

?

$440,850 - $561,082

HOMEH Estimate for 261 First Avenue, St. Thomas

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

$500,966High confidence
Based on 15 comparable properties
+ $119,034 (24%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
St. Thomas, ON
Minimum Down Payment Required:6.0%

5% on first $500K + 10% on $120,000 over $500K

Minimum down payment

$37,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$23,312$17,298$14,756$0
=Total mortgage
$606,112$575,298$541,756$496,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,959monthly$2,809monthly$2,645monthly$2,422monthly
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Land Transfer Tax

Provincial

$8,875

Total Land Transfer Tax

$8,875

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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3.8 /10

Elgin Court

Public·elementary·10m

5.6 /10

St. Anne's

Private·elementary·740m

5.6 /10

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Public·secondary·960m

6.5 /10

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Private·secondary·1.1km

2.2 /10

Forest Park

Public·elementary·1.3km

4.7 /10

John Wise

Public·elementary·1.4km

6.3 /10

Mitchell Hepburn

Public·elementary·1.4km

6.1 /10

Parkside

Public·secondary·1.6km

2.8 /10

Arthur Voaden

Public·secondary·2.3km

3.6 /10

Edward Street

Public·elementary·2.8km

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