56 Lake Margaret Trail
St. Thomas, ON N5R 6K7
- 2+1Bedrooms
- 3Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $5,063Tax
- 48×124 ftLot Size
Estimated Value:$737,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 56 Lake Margaret Trail, St. Thomas
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-11-07 | 2025-12-16 | Login to See Prices | Sold | x12521770 |
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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 56 Lake Margaret Trail, St. Thomas
PRICE IMPROVEMENT Welcome to this well maintained bungalow, located in the highly desired Lake Margaret area, known for its scenic walking trails, and parklike atmosphere. The open concept main level has a spacious kitchen, with enough room to add a sizeable island, overlooking the dining and living room area. This spacious home features two bedrooms on main floor and one bedroom on the lower level, two and a half bathrooms, offering flexibility for generational family living or guests. And conveniently, laundry available on both main and lower level, the choice is yours. Ample storage throughout with lower floor heating perfect for year round comfort. The impressive exterior upgrades will give you peace of mind for years. 50 year Riviera profile metal roof, installed in December 2023, on the home and sided garden shed, along with new eaves and downspouts. The private fenced in yard is perfect for relaxing or for outdoor entertainment. Enjoy the new 11x22 foot composite deck with retractable awning, both installed in 2024. This property boasts a two car garage with plenty of parking in the driveway. Garage entry can be gained conveniently through the house, or man door. Don't miss this opportunity to own a perfectly located gem in the most sought after areas of St. Thomas, just a short drive to beautiful Lake Erie. Seller makes no representation or warranties of the property as executor to estate.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,063
- Land Transfer Tax Fee
- $9,673
Rental Items
- Under Contract
- None
- Basement Type
- Full, Finished, Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Air Exchanger, ERV/HRV, Primary Bedroom - Main Floor, Water Heater Owned, Workbench
- Security Features
- Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Awnings, Deck, Landscaped
- Pool
- None
- Property Features
- Fenced Yard, Hospital, School, Rec./Commun.Centre
- Accessibility Features
- Bath Grab Bars, Ramps
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 16-30
Construction
- Exterior Finish
- Brick
- Roof
- Metal
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 47.50 ft
- Lot Depth
- 124.37 ft
- Lot Size
- 6125
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Refrigerator, electric stove, hood range, microwave, washer, dryer, water heater, tool bench, peg board, window coverings
Exclusions
- Exclusions
- mini frig, upright freezer, tool chest with tools, all downstairs
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 2 + 1
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Basement level
- Recreation—Basement level
- Utility Room—Basement level
- Workshop—Basement level
- Laundry—Basement level
- Laundry—Main level
Washrooms
- 3-piece, Main
- 2-piece, Main
- 3-piece, Basement
- Municipality
- St. Thomas
- Neighbourhood
- St. Thomas
- Main cross streets
- Southdale line and Lake Margaret Trail
- Zoning
- residential
- Directions
- South on Fairview Ave, turning East onto Southdale Line. At roundabout, head north on Lake Margaret Trail
- MLS® number
- X12521770
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-16
- Listed on
- 2025-11-07
- Days on market
- 39 days
- Possession date
- 2025-12-11
- Possession type
- Flexible
- Co-op commission
- 2% plus HST
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 56 Lake Margaret Trail, St. Thomas, St. Thomas, ON. Listed for $659,900
HOMEH Estimate
$737,500
Estimated Sales Range
$582,625 - $892,375
HOMEH Estimate for 56 Lake Margaret Trail, St. Thomas
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 $159,900 over $500K
$40,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,733 | $18,411 | $15,706 | $0 |
=Total mortgage | $643,059 | $612,321 | $576,621 | $527,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,140monthly | $2,990monthly | $2,815monthly | $2,578monthly |
Land Transfer Tax
$9,673
$9,673
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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