$529,900
For sale: Detached

Welcome to 40 Schreyer Drive, a charming detached bungalow in the desirable Lake Margaret area. This inviting home offers 2 bedrooms and a full bathroom on the main floor, along with a bright kitchen featuring a walkout to the deck and fully fenced backyard-perfect for relaxing or entertaining.The main floor has been freshly painted and offers comfortable, functional living space, while the finished basement provides additional room for family, hobbies, a home office, or whatever suits your needs. A single-car garage adds convenience and storage, and the newer roof (2021) provides added peace of mind.Situated in a mature, welcoming neighbourhood, you'll enjoy walking trails just steps from your door and the natural beauty of Lake Margaret nearby. With its great location, flexible living space, and move-in-ready appeal, this bungalow is well worth a look! ** This is a linked property.**
Sold data
Detached homes in St. Thomas took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 44, across 135 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $529,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 135 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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