Sold for:Sold Jan 16, 2025
$549,000

7 Ripley Lane

St. Thomas, ON N5R 5X1

Detached House SoldNot 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 7 Ripley Lane, St. Thomas

2024-11-14
2025-01-16
Sold
Price
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MLS#
x10423546

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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 7 Ripley Lane, St. Thomas

Welcome to 7 Ripley Lane, St. Thomas, located within a 5 minute walk to the Elgin Center, a 5 minute drive to access to Highbury, and a ten minute drive to the new Volkswagen Battery Plant. This well built 3 bedroom bungalow features some beautiful maple strip hardwood in living, dining, and primary bedroom, large windows providing tons of light, and side door entrance that allows direct access to the lower level, providing a great opportunity, with some minor renovation, to offset the mortgage with an income suite. For those of you that love wood, the vintage slab wood doors, trim, and baseboards offer super easy care; for those of you that like an more modern look, a refresh with some white paint could be an option to lighten things up. Outside a screened in carport and fully fenced backyard are great for your small kids or furry friends, or just enjoying your coffee in inclement weather. Please note, both the dishwasher on main level, and gas fireplace on lower level are not operational, but everything else is move-in ready.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,211
Land Transfer Tax Fee
$7,455

Rental Items

Rental Equipment
Hot Water Heater-Gas
Under Contract
Hot Water Tank-Gas

Basement Type
Partial Basement

Interior Features

Laundry Level
Lower Level
Interior Extras
Auto Garage Door Remote, Floor Drain, In-Law Capability, Water Heater
View
City
Security Features
Carbon Monoxide Detectors
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Hospital, Place Of Worship, Public Transit, School Bus Route
Other Structures
Garden Shed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
31-50

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
100.00 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Carport
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

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
3
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Recreation—
    Lower level
  • Other—
    Lower level
  • Laundry—
    Lower level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement

Municipality
St. Thomas
Neighbourhood
St. Thomas
Main cross streets
Highview Avenue, north on Ripley
Zoning
R3-16

MLS® number
X10423546
Data source
Toronto Regional Real Estate Board
Status change
2025-01-16
Listed on
2024-11-14
Days on market
63 days
Possession type
30 days
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE TRILAND REALTY

Home Market Value

Current home valuation for 7 Ripley Lane, St. Thomas, St. Thomas, ON. Listed for $549,000

HOMEH Estimate

?

$497,182

Estimated Sales Range

?

$392,774 - $601,590

HOMEH Estimate for 7 Ripley Lane, St. Thomas

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

$497,182Medium confidence
Based on 6 comparable properties
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:5.4%

5% on first $500K + 10% on $49,000 over $500K

Minimum down payment

$29,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,752$15,317$13,066$0
=Total mortgage
$539,557$509,417$479,716$439,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,634monthly$2,487monthly$2,342monthly$2,144monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,455

Total Land Transfer Tax

$7,455

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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