Detached House for sale at 366 Penny Lane, Strathroy-Caradoc, Ontario, N7G 3P6 - NE - MLS: X13138278

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366 Penny Lane

Strathroy-Caradoc, Ontario, N7G 3P6 - NE

$474,900

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Neighbourhood

NE
Major Intersection

Pannell Lane

Listed Since: 14 day(s)
Last update: today

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Overview

Property Type

Detached, Backsplit 4
Bedrooms

3 + 1
Bathrooms

2
Basement

Part Fin
Kitchen

1
Total Parking

3
Lot Size

52.88x110.29 (Feet)
Taxes

$2,598.00 (2025)
Type

Freehold

Property Description

Property description for 366 Penny Lane, Strathroy-Caradoc

366 Penny Lane, Strathroy - Great Value in a Family-Friendly Neighbourhood! This spacious four-level backsplit offers an excellent opportunity for first-time homebuyers or families looking for plenty of living space at an affordable price. Featuring 3+1 bedrooms and 1.5 bathrooms, this well-maintained home has seen many updates and improvements throughout. The bright open-concept main floor includes a gourmet kitchen installed four years ago, featuring a large island, gas stove, abundant storage, and plenty of workspace - perfect for entertaining family and friends. The open layout creates a warm and inviting atmosphere for everyday living and hosting gatherings alike. There is a family room on the third level, an additional bedroom, and extra bathroom space, providing flexibility for growing families or guests. Freshly painted inside and out, this home also offers all vinyl windows, new concrete patio (2023), 200-amp electrical service, and a furnace and air conditioning system installed in 2006. Included are the fridge, stove, dishwasher, washer, and dryer. Outside, enjoy the large fenced lot, attractive front deck and concrete driveway with parking for three vehicles. The lower level provides plenty of additional storage space. Located in a desirable residential area close to shopping and within the North Meadows school district, this home delivers outstanding value with room to grow. A fantastic opportunity to get into the market with a home that offers space, comfort, and convenience.

Listed by CENTURY 21 FIRST CANADIAN CORP

Property details

MLS #

X13138278
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13138278
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

5.46 x 3.43 ft Main level
Kitchen

5.51 x 4.09 ft Main level
Primary

3.4 x 3.33 ft 2nd level
2nd Br

3.33 x 2.57 ft 2nd level
3rd Br

3.4 x 2.36 ft 2nd level
Family

5.74 x 4.93 ft 3rd level
4th Br

3.38 x 3.18 ft 3rd level
Bathroom

1.65 x 1.32 ft 3rd level
Utility

5.56 x 3.43 ft Lower level
Other

5.46 x 3.33 ft Lower level
Bathroom

2.36 x 1.45 ft 2nd level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in NE

Active listings

Average Selling Price of a Detached

April 2026

$703,067

Last 3 Months

$629,647

Last 12 Months

$716,476

April 2025

$799,583

Last 3 Months LY

$829,571

Last 12 Months LY

$749,890

Change

-12%

Change

-24%

Change

-4%

How many days Detached takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-64%

Change

-25%

Change

44%

Average Selling price

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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