The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This well-maintained, move-in ready brick bungalow has been lovingly cared for by its original owners and is nestled in the charming village of Springfield. Offering a peaceful setting with incredible space and potential, this home is perfect for families, hobbyists, or anyone looking for both comfort and opportunity. Inside, the main floor features a bright living room, a functional kitchen, and three comfortable bedrooms, along with a 4-piece main bath. The finished basement provides additional living space, including a sun-lit family room with bar area with a cozy gas fireplace, as well as a versatile bonus room. A 1-piece shower and laundry area complete the lower level for added convenience. Outside, this property shines with its large detached 28' x 32' insulated shop, complete with two doors and a separate laneway. The steel roof, installed in 2018, ensures long-term durability for both the house and shop. The expansive lot offers possible severance potential for future development. Located in a quaint, family-friendly village, this home is connected to municipal sewer with well water and is just a short drive to Aylmer, St. Thomas, and Tillsonburg. With easy access to Hwy 401, its an ideal location for commuters or those who want a balance of small-town living and accessibility to larger centers. This property is a rare find, offering both immediate move-in readiness and long-term possibilities. Measurements by IGuide
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,947/mo
Mortgage (principal + interest)$2,600
Property taxFrom listing: $4,165/yr$347
Minimum $44,500 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$139,000
Ontario land transfer taxProvincial brackets, no first-time refund$10,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$152,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Malahide has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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