Unknown for 56 Lake Margaret Tr, St. Thomas Ontario N5R 6K7
1 day on Market

56 Lake Margaret Tr, St. Thomas, Ontario N5R 6K7

Detached
2 + 1
3
~1500-2000 sqft
$700,000
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Detached
2 + 1
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$408/sqft

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Description

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.


Property Details

StyleBungalow
View-
Age of property16-30
SqFt~1500-2000 SqFt
Lot Size5,907 SqFt(124.37 x 47.5)
Parking Spaces6
MLS ®NumberX12521770
Community NameCentral Elgin
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Main Floor

Br

3.63 x 4.71

Kitchen

4.81 x 3.97

Dining

2.77 x 5.17

Living

4.14 x 5.17


Features

Lot size: 5,907 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Nov 7, 2025
ListedActive
$700,000
1 day on market
history photo preview41
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Market Data - Central Elgin

Geo Zone Map ThumbnailCentral Elgin

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2024

61 days

2023

40 days

2022

52 days

New Listings

Past 30 days

27 listings

Compared to

2024

24 listings

2023

58 listings

2022

56 listings

Units sold

Past 30 days

14 units

Compared to

2024

22 units

2023

26 units

2022

14 units

Median Sold Price

Past 30 days

$642,500

Compared to

2024

$630,000

2023

$717,500

2022

$784,900


Population and Demographics

Overview

Total population 15810
Average household income $127,633

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
18%
50 to 64
25%
65 and plus
23%

Household composition (%)

Single family
76%
Single person
22%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
94%
Others
5%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget