Brick Bungalow with Basement Suite at 58 Vanier Place

Property details for 58 Vanier Place, St Thomas

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Living Area: 1,222 square feet
Stories: 1
Basement: Finished, Full
Parking: Attached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,084

Solid brick bungalow on a quiet cul-de-sac in northwest St. Thomas. 1,222 square feet on the main floor with three bedrooms and a full bath that got modern floors and a refresh back in 2021. Primary bedroom fits a queen plus furniture at 14'8" x 10'2". Kitchen is generous for a bungalow, 15' x 15'4", with a breakfast nook. All windows were replaced in 2021, so energy bills should be reasonable. Basement is a full separate unit with its own entrance, kitchen, two more bedrooms, a 3pc bath, and a rec room good for a pool table. There's also a cold room for storage. Total it's five bedrooms and two baths, perfect for multi-generational living or rental income. Yard is fully fenced and sits on a 45-foot frontage lot, enough for kids or a dog. Parking is solid: attached garage plus driveway space for four. You're 1.3 km from Central Elgin Collegiate Institute and about 2.3 km from the Memorial Centre and Railway Museum. Price at $579,000 is near the median for the area, and the location scores well, though the market is a bit soft with two sales in the last month. Overall, it's a practical home with income potential, not fancy but real. (id:1945)

About 58 Vanier Place, St Thomas — Property Score

Great Location Feature Rich

Score: 64/100

Value

Stable pricing - no price changes since original listing date 50

Size

1,222 sqft - 44% less space than similarly priced homes (2,171 sqft median) 25

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

2 bathrooms - typical for similarly priced properties 60

Location

$74K median household income - near the Canadian average of $70K 67

79% of residents hold postsecondary credentials - a highly educated neighbourhood 87

69% homeownership rate - a balanced mix of owners and renters 78

86% of residents commute under 30 minutes - excellent commuter accessibility 99

3,914/km² population density - a well-balanced suburban area 91

Market

Just listed - area average is 30 days on market 100

-11.1% median price change over 1 month - declining prices in the area 1

45.5 months of housing supply - 91 active listings with 2 sold last month (buyer's market) 40

Features

5-car garage - more than the area average of 4.2 spots 95

Finished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.71% effective tax rate ($4,084/yr) - below the Canadian average of ~1% 79

31% renter population - moderate rental market 68

Quality

Condition

Listing

40 photos provided - 18% more than the area average of 34 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.