$799,900
For sale: Detached

Welcome to this beautifully appointed bungalow in prestigious Lake Margaret Estates! Offering 1,498 sq. ft. above grade plus over 800 sq. ft. of finished lower level living space. This 2+1 bedroom, 3 bathroom home blends comfort, style and an exceptional setting backing onto a forest offering a peaceful natural backdrop and views. The open-concept main floor features hardwood flooring and an impressive great room with a soaring 10 ft. ceiling, creating a bright and inviting space perfect for everyday living and entertaining. The fully finished basement provides additional versatile living space, ideal for family gatherings with a large recreation room, home office or guest bedroom. Located in sought-after Lake Margaret Estates, residents enjoy scenic walking trails, picturesque ponds and convenient access to Pinafore Park. Complete with a double wide driveway offering parking for four vehicles, this home delivers an exceptional combination of lifestyle, space and location. A wonderful opportunity to enjoy bungalow living surrounded by nature!
Sold data
Detached homes in St. Thomas took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 44, across 116 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $536,450.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 116 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
St. Thomas has 16 Fraser Institute–rated schools (12 elementary and 4 secondary), averaging 5.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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