Brick Bi-Level with Walk-Out Basement near Leamington

Property details for 37 Elizabeth Crescent, Leamington

Type: Residential
Style: Raised ranch
Bedrooms: 4
Bathrooms: 2
Lot Size: 62.27 X 125.59 FT
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold

About 500 metres from Talbot Trail, this all-brick raised ranch sits on a 62x125 foot lot in a quiet, established pocket of Leamington. You're a 4-minute drive to Gino's Cafe and less than 2 km to the marina and downtown shops. The main floor has three bedrooms, including a primary, plus a 4pc bath and an open living/dining area with a skylight that floods the space with light. Head downstairs and it's like having a second apartment: a full walk-out basement with its own kitchen, dining room, a family room anchored by a stone-wall gas fireplace, an extra bedroom, a 3pc bath, and laundry. That's 4 beds, 2 baths total, and around 2,500 sq ft of finished space. The lot is flat and private, with a secluded concrete patio out back, a double-wide driveway, and an attached garage with inside entry. Built in 1986, the place has been well looked after, with ceramic and vinyl flooring throughout, a high-efficiency furnace, and central air. It's priced at $599,900, which sits slightly above the neighbourhood median of $584,900, but you're getting nearly 2,600 sq ft of land and all those extras. Sold listings nearby average 48 days on market, so there's some room to negotiate. If you want a solid family home with in-law potential or rental income, this one's worth a look.

About 37 Elizabeth Crescent, Leamington — Property Score

Strong Investment Great Location

Score: 65/100

Value

Priced 2.8% below area median of $617,450 based on 70 comparable properties nearby 74

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

7,820 sqft lot - a generous lot for the area 78

Location

$47K median household income - below the Canadian average of $70K 53

54% of residents hold postsecondary credentials - an above-average education level 65

59% homeownership rate - a balanced mix of owners and renters 71

84% of residents commute under 30 minutes - excellent commuter accessibility 97

3,434/km² population density - a well-balanced suburban area 96

Market

Just listed - area average is 45 days on market 100

-37.1% median price change over 1 month - declining prices in the area 1

33 months of housing supply - 99 active listings with 3 sold last month (buyer's market) 40

Features

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

Built in 1986 (40 years old) - may benefit from selective updates 58

No premium extras like pool, waterfront, or view 50

Investment

42% renter population - moderate rental market 80

Quality

Condition

Listing

47 photos provided - 21% more than the area average of 39 photos 92

4 of 7 key property details provided (57%) - some key property details missing 67

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.