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St. Thomas, St. Thomas
$559,900
Welcome to this bright and spacious 2 bedroom + 2 den, 2-bathroom bungalow with an attached garage, located in the highly sought-after Lake Margaret Estates, just steps from scenic walking trails, Lake Margaret, Pinafore Park, schools, shopping, and everyday amenities. This move-in-ready home offers the perfect blend of comfort, functionality, and location.The inviting main floor features a sun-filled living room with soaring cathedral ceilings. The spacious kitchen is complete with refinished white cabinetry, ceramic flooring, a movable centre island, and an adjoining dining area with patio doors leading to a covered deck overlooking the fully fenced backyard-perfect for entertaining or enjoying your morning coffee.The generous primary bedroom offers double closets and cheater ensuite access, while a second bedroom completes the main level.The fully finished lower level significantly expands the living space with a large family room featuring laminate flooring and pot lighting, an additional 2 bedrooms, a 3-piece bathroom, laundry area, and ample storage.Whether you're looking to downsize without sacrificing space or searching for a family-friendly home in one of St. Thomas' most desirable neighbourhoods, this exceptional property is ready to welcome you home. Singles 2018. Furnace 2023, AC (heat pump) 2023, water heater 2024.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,321 |
| Lot Size | 39.7 ft x 109 ft |
| mls© Number | X13634880 |
| Listed By | THE REALTY FIRM INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,866
- Property tax
- $360
- Heat allowance
- $150
- Housing costs
- $3,376 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$104,000
gross annual household income
- Payment at 4%
- $2,356 / mo
- Cash down
- $111,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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