111 Lake Margaret Tr

SE, St. Thomas, N5R 6J6
FOR SALE
$749,900
111 Lake Margaret Tr, St. Thomas
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
111 Lake Margaret Tr
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X9365073
MLSID
Contact Us
Property Description
LOCATION, LOCATION, LOCATION! THIS 2+1 BEDROOM, 2.5 BATHROOM BUNGALOW SITS DIRECTLY ACROSS FROM LAKE MARGARET WITH A BEAUTIFUL UNOBSTRUCTED VIEW OF THE WATER AND THE YEAR ROUND SUNSETS. JUST STEPS FROM YOUR COVERED FRONT PORCH YOU CAN ENJOY KAYAKING, FISHING, WALKING TRAILS, PICKLE BALL AND THE BEAUTIFUL PINAFORE PARK. INSIDE THIS HOME YOU WILL FIND VAULTED CEILINGS, LARGE AND BRIGHT LIVING ROOM, OPEN CONCEPT KITCHEN, LARGE FAMILY ROOM WITH GAS FIREPLACE AND WALKOUT TO REAR PRIVATE PATIO. DON'T MISS OUT ON THIS GREAT OPPOURTUNITY.
Property Features
Clear View, Lake/Pond, Park, School, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
43' x 138'
Acreage
< .50
Fronting
East
Taxes
$5,557 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.20' x 14.99'
LivingMain18.11' x 19.82'
Prim BdrmMain11.09' x 17.09'4 Pc Ensuite, W/I Closet
BrMain9.42' x 12.40'
FamilyLower31.00' x 18.60'W/O To Patio, Gas Fireplace, Wet Bar
BrLower11.81' x 13.19'W/I Closet
OfficeLower7.32' x 9.61'
St. Thomas Market Statistics
St. Thomas Price Trend
111 Lake Margaret Tr is a 3-bedroom 3-bathroom home listed for sale at $749,900, which is $213,778 (39.9%) higher than the average sold price of $536,122 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 3 bedroom home in St. Thomas declined by $5,739 (1.1%) compared to the previous 30 day period (July 30 - August 28) and up $90,952 (20.4%) from the same time one year ago.
Inventory Change
There were 57 3-bedroom homes listed in St. Thomas over the last 30 days (August 29 - September 27), which is up 58.3% compared with the previous 30 day period (July 30 - August 28) and up 2,750.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in St. Thomas typically sold ($8,944) (1.7%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,358 increase compared to the previous 30 day period (July 30 - August 28) and $15,270 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in St. Thomas over the last 30 days (August 29 - September 27) stood at 63.2%, down from 100.0% over the previous 30 days (July 30 - August 28) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in St. Thomas stood at 24 days when successfully sold over the last 30 days (August 29 - September 27), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Elgin Realty Limited
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