Bungalow with finished basement and saltwater pool in St. Thomas

Property details for 7 Raven Avenue, St Thomas

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 50.1 x 107 FT
Stories: 1
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,702

This 4-bed, 2-bath bungalow has a finished basement with its own side door. It's a brick house on a 50 by 107 foot lot. There's an attached garage for one car and three more parking spots. Most windows are new. Inside, the main floor has three bedrooms and a traditional layout. Downstairs, you'll find a rec area, another bedroom, and a second bathroom. The yard is fully fenced with a saltwater pool. It's on a quiet street near Central Elgin Collegiate Institute, 1.5 km away. The Elgin County Railway Museum is 2.5 km from here. Priced at $579,900, it's above the nearby median of $559,900. Taxes run $3,702 a year. Heating is forced air with natural gas, and cooling is central air. Appliances include a washer, dryer, fridge, and stove. Its foundation is poured concrete. This place needs some work but has good bones for a reno.

About 7 Raven Avenue, St Thomas — Property Score

Prime Location Feature Rich

Score: 67/100

Value

Priced 6.5% below area median of $619,900 based on 71 comparable properties nearby 80

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

5,361 sqft lot - a standard lot for the area 65

Location

$83K median household income - above the Canadian average of $70K 72

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

96% homeownership rate - indicating a stable, owner-occupied community 97

64% of residents commute under 30 minutes - excellent commuter accessibility 81

3,381/km² population density - a well-balanced suburban area 96

Market

Just listed - area average is 48 days on market 100

-71.1% median price change over 1 month - declining prices in the area 1

42.5 months of housing supply - 85 active listings with 2 sold last month (buyer's market) 40

Features

4-car garage - consistent with the area average 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Pool - premium features that add significant value 65

Investment

0.64% effective tax rate ($3,702/yr) - below the Canadian average of ~1% 81

4% renter population - primarily owner-occupied area 35

Quality

Condition

Listing

21 photos provided - below the area average of 33 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* 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.