Detached House for sale at 12 Velma Street, Strathroy-Caradoc, Ontario, N7G 3L3 - SW - MLS: X12783092

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12 Velma Street

Strathroy-Caradoc, Ontario, N7G 3L3 - SW

$339,000

Neighbourhood

SW
Major Intersection

Adelaide Road

Listed Since: 52 day(s)
Last update: 51 day(s) ago

Overview

Property Type

Detached, Bungalow
Bedrooms

3
Bathrooms

1
Basement

None
Kitchen

1
Total Parking

3 (1 Attached Garage)
Lot Size

Available Upon Request
Taxes

$1,244.76 (2025)
Type

Freehold

Property Description

Property description for 12 Velma Street, Strathroy-Caradoc

Welcome to the Adult Community of Twin Elm Estates in Strathroy, Ontario. This one-of-a-kind home is situated on a large lot backing onto country property, within walking distance of local shopping and restaurants and only 20 minutes from London. The community also features an active clubhouse offering a variety of activities. Key features of the home include:- Breezeway/sunroom entry- Large windows and laminate flooring in main living areas- Separate main-floor laundry room- Rear den opening to a covered backyard deck- Metal roof- Updated mechanicals and appliances: Furnace (10 years old), A/C (2024), Washer (2025), and Dryer (2026) Financial Information for New Owners:- Land Lease: $800/month (Please contact me regarding the possibility of assuming the current lease at a lower rate). - Taxes: $103.73/month.

Listed by Royal LePage Heartland Realty

Property details

MLS #

X12783092
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Pvt Double
Garage

Attached, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Metal
Foundation

Piers
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Septic
Central Vac

N

MLS #

X12783092
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Pvt Double
Garage

Attached, 1 spaces
Total Parking

3
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Metal
Foundation

Piers
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Septic
Central Vac

N

Sunroom

5.19 x 2.15 ft Main level
Living

4.27 x 3.06 ft Main level
Kitchen

3.06 x 2.76 ft Main level
Laundry

2.44 x 1.25 ft Main level
Primary

3.05 x 2.15 ft Main level
2nd Br

3.35 x 2.74 ft Main level
3rd Br

3.07 x 2.14 ft Main level
Dining

2.76 x 2.47 ft Main 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 SW

Active listings

Average Selling Price of a Detached

March 2026

$548,300

Last 3 Months

$474,100

Last 12 Months

$548,260

March 2025

$593,008

Last 3 Months LY

$612,780

Last 12 Months LY

$553,109

Change

-8%

Change

-23%

Change

-1%

Number of Detached Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-17%

Change

-60%

Change

67%

How many days Detached takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

17%

Change

14%

Change

33%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

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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