Homula Realty Brokerage
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264230 Prouse Road, South-West Oxford, ON N0J 1N0

3 beds · 2 baths · 1 kitchen · 10 rooms · 8 parking spaces · 1500-2000 sq ft · Detached
$689,900
Property tax
$3,447 / year

Imagine ending your day on the deck, surrounded by mature trees and the peaceful sounds of a stream flowing along the back of your property. This attractive ranch-style home offers the perfect blend of serene country living and everyday convenience, set on a large, private lot just 10 minutes north of Tillsonburg. Offering over 1,700 sq. ft. of comfortable main-floor living, this family-friendly home features 3 bedrooms, a den, a formal dining area, and a spacious kitchen with black stainless appliances. Step out from the dining room onto the raised wood deck and take in the beautiful views of the treed rear yard and stream that runs along the back of the property. This bright and spacious home offers plenty of room for children to play, entertaining, and parking an RV, trailer, or other recreational vehicles. The attached double garage includes a heated workshop area, ideal for hobbies or projects or a man cave/she shed. This home offers convenient one-level living in a quiet, private setting while remaining close to all the amenities of Tillsonburg. Other inclusions: hot tub, above-ground pool, new windows along the rear of the house, new doors, appliances approx. 5yrs old, jetted tub, propane hookup available, tankless water heater (2011), ductless heat pump/central air units x2 (2011), Water pressure tank (2025), Steel roof. If you've been dreaming of more space, more privacy, and a place where you can truly enjoy the outdoors, this peaceful country property is ready to welcome you home.

MLS number
X13735188
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0J 1N0
Photos
56
10days · this listing
10days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 582 people.

$82,000Median household income
80.6%Own their home
93.8%Detached houses
25.4Median age
10.9%Born outside Canada
5.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35320303 — the few blocks around this address, home to 582 people. It describes the area, not this property.

582Population
32.5Average age
3.6Household size
$98,000Average household income
$82,000Median household income
81%Own their home
19%Rent
0%Condominiums
11%Born outside Canada
6%University degree
$770,000Average home value
27%Low income
37%Not in the labour force
32%Never married
$10,000 to $14,9992%
$20,000 to $24,9992%
$35,000 to $39,9995%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,99910%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over5%

Percentages are of the 205 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$137,980 · minimum here is $43,990
$3,054.73per month
Borrowed before insurance$551,920
Total borrowed$551,920
Interest over 25 years at 4.5%$364,498

If you rented it out

Monthly rent starts from the median of recent 3-bedroom leases in Rural South-West Oxford. Change it to anything you like.

-$541.98per month out of pocket
Rent$2,800.00
Everything it costs to hold$3,341.98
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Century 21 Heritage House Ltd Brokerage. Listing data provided by the Toronto Regional Real Estate Board.