45 days on Market

45 Lake Margaret Tr #1, St. Thomas, Ontario N5R 6M5

Detached
2
1
~1100-1500 sqft

Sold conditionally $500,000

Escape clause

Detached
2
1
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$394/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$3,777/yr

Days On Market45 days


Description

Wonderful Bungalow with Single Car Garage located in Lake Margaret Station! This well-maintained 2 Bedroom, 1 Bathroom home is located in a quiet enclave close walking distance to Lake Margaret, walking trails, Jim Waite Park and a quick 12 minute drive to Port Stanley. The open-concept Main Level has a well-appointed Kitchen which overlooks the Dining Area and Living Room with cozy gas fireplace. The Primary Bedroom is nicely tucked away nearby the 4-piece Bathroom while the 2nd Bedroom could be used as the perfect Home Office or Den. Includes Main Floor Laundry. Outside, there is a Sundeck with privacy fence in a very nice setting. The Basement is unfinished and roughed-in for a Bathroom. Recent updates include: furnace & A/C (2018), roof (2022), attic insulation (2023) and sump pump (2025). Low condo fees include grounds maintenance, grass cutting, snow removal of drive and walkway to your door and more! See multimedia link for 3D walkthrough tour and floor plans. Don't miss this great opportunity!


Property Details

StyleBungalow
View-
Age of property16-30
SqFt~1100-1500 SqFt
Lot Size4,091 SqFt(97.21 x 42.09)
Parking Spaces3
MLS ®NumberX12117218
Community NameSt. Thomas
Data SourceTRREB
Listing byCOVE REAL ESTATE BROKERAGE LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Unfinished

Main Floor

Bathroom

2.62 x 2.46

Kitchen

3.47 x 4.04

Family

4.34 x 5.4

Primary

4.62 x 3.56


Features

Lot size: 4,091 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property listed by COVE REAL ESTATE BROKERAGE LTD., Brokerage
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Market Data - St. Thomas

Geo Zone Map ThumbnailSt. Thomas

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

28 days

2023

27 days

2022

14 days

New Listings

Past 30 days

91 listings

Compared to

2024

117 listings

2023

78 listings

2022

95 listings

Units sold

Past 30 days

43 units

Compared to

2024

79 units

2023

68 units

2022

58 units

Median Sold Price

Past 30 days

$550,000

Compared to

2024

$555,000

2023

$616,872

2022

$599,950


Population and Demographics

Overview

Total population 40032
Average household income $100,584

Age (%)

0 to 19
22%
65 and plus
21%
50 to 64
21%
35 to 49
19%
20 to 34
17%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
68%
Renters
32%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget