463 South Edgeware Rd
St. Thomas, N5P 4K6
FOR SALE
$899,999
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BEDROOMS1
BATHROOMS1
KITCHENS7 + 1
ROOMSX9260101
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Property Description
Situated on a charming over 1 acre lot, welcome to 463 S Edgeware Rd in St. Thomas. This property comes complete with a just under 1400 sqft home, a 1200 sqft shop, and 1.02 acres of land. With EL zoning for this property, it's perfect for families, industrial users, and investors, with lots of new developments coming around the area like the battery plant. Plus a new OPP station being built, creating a sense of security and safety. With the completions of a new roof, new wiring, and addition in the back of the home in 2013, you wont have to worry about any major costly upgrades. And, hardwood floor throughout makes it easy to clean without worrying about carpet! A septic tank sits on the east side of the home, however lines being at the road allow for you to connect to the city. Be sure to reach out for a list of allowances on what you can do with this property!
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
140' x 322'
Acreage
.50-1.99
Fronting
South
Taxes
$3,471 (2023)
Basement
Part Bsmt, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 15.42' x 14.76' | |
| Living | Main | 22.97' x 15.75' | |
| Kitchen | Main | 9.19' x 11.15' | |
| Prim Bdrm | Main | 15.42' x 8.86' | |
| 2nd Br | Main | 9.19' x 11.48' | |
| 3rd Br | Main | 13.12' x 8.20' | |
| 4th Br | Main | 9.51' x 12.47' | |
| Bathroom | Main | 9.51' x 8.20' |
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St. Thomas Market Statistics
St. Thomas Price Trend
463 South Edgeware Rd is a 4-bedroom 1-bathroom home listed for sale at $899,999, which is $216,499 (31.7%) higher than the average sold price of $683,500 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 4 bedroom home in St. Thomas increased by $177,174 (35.0%) compared to the previous 30 day period (July 30 - August 28) and down $129,000 (15.9%) from the same time one year ago.Inventory Change
There were 17 4-bedroom homes listed in St. Thomas over the last 30 days (August 29 - September 27), which is up 54.5% compared with the previous 30 day period (July 30 - August 28) and up 466.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in St. Thomas typically sold ($12,083) (1.8%) below asking price over the last 30 days (August 29 - September 27), which represents a $9,043 increase compared to the previous 30 day period (July 30 - August 28) and ($12,500) more 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 4-bedroom homes in St. Thomas over the last 30 days (August 29 - September 27) stood at 35.3%, down from 136.4% over the previous 30 days (July 30 - August 28) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in St. Thomas stood at 25 days when successfully sold over the last 30 days (August 29 - September 27), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Forest Realty Inc.
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