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Property Type: Detached HouseOwnership: Freehold
164 TIMBER TRAIL Road
Elmira, ON N3B0E3
MLS® 40853733
$1,049,900
4 bed4.5 bath4 parking3,238 sqftBuilt 2021
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 36 feet
R5A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,711
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 4'5'' x 5'11'' |
| 3pc Bathroom | Basement | 6'8'' x 7'3'' |
| Recreation room | Basement | 17'11'' x 28'1'' |
| Bedroom | Basement | 10'5'' x 12'5'' |
| 5pc Bathroom | Second level | 8'0'' x 9'9'' |
| Bedroom | Second level | 11'5'' x 12'6'' |
| Bedroom | Second level | 12'0'' x 12'8'' |
| 5pc Ensuite bath | Second level | 11'1'' x 12'7'' |
| Primary Bedroom | Second level | 18'9'' x 21'0'' |
| 2pc Bathroom | Main level | 3'6'' x 7'4'' |
| Laundry room | Main level | 7'7'' x 7'10'' |
| Living room | Main level | 12'10'' x 20'1'' |
| Kitchen/Dining room | Main level | 13'2'' x 27'11'' |
Description
Built in 2021, this beautiful 4-bedroom, 4-bathroom modern family home is located in desirable Southwood Park in Elmira. A spacious foyer with a soaring two-storey ceiling welcomes you inside, highlighted by a stunning chandelier. The rest of the open-concept main floor features 9-foot ceilings and is filled with natural light. The gourmet kitchen boasts a large island, stainless steel appliances, and soft-closing drawers and cupboard doors. Enjoy gorgeous backyard views through the large living and dining room windows, or step out from the dining room door onto the covered deck during the warmer months. Upstairs, you’ll find three generously sized bedrooms and two full bathrooms. The primary bedroom retreat features a cathedral ceiling, a spacious walk-in closet, and a luxurious 5-piece ensuite complete with a glass shower and separate soaking tub. The walk-out basement offers a spacious recreation room with home gym potential, a fourth bathroom, and a fourth bedroom or home office with a large window—ideal for guests or remote work. The beautiful backyard with a sizable patio, perfect for entertaining family and friends, hosting BBQs, or enjoying peaceful gardening time in the warm seasons. 4 parking spaces including double car garage and interlock driveway. Conveniently located within walking distance to amenities including Park Manor Senior Public School, shopping, Tim Hortons, the Lions Ring Trail, and Lions Park. Just a 10-minute drive to Waterloo and the famous St. Jacobs Farmers' Market. This exceptional home offers the perfect blend of modern design, comfort, and location—an ideal place to call home. (id:63159)
Listing Information
- MLS®
- 40853733
- Data last synced
- September 15, 2026
Royal LePage Peaceland Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Peaceland Realty
MLS® Number: 40853733
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$324/sqft
Building average
—
No other active listings in this building
550 - Elmira average
$378/sqft
20 active listing(s)
Parking: 4 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Nearby Places
Restaurants (2)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.6% ($79,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$839,920.00
Periodic payment — Principal & Interest (monthly)$5,418.88
Additional monthly expenses (condo fees, tax, utilities, etc.)$637.92
Total monthly cost$6,056.80
Interest paid over 5-yr term$240,723.49
Balance at end of term$755,510.76
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$79,990
Stress test qualifying rate8.19%
Payment you must qualify for$7,520.43
Cash Needed at Closing
Minimum down payment$79,990
Estimated Land Transfer Tax (LTT)$17,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$98,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
