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Property Type: TownhouseOwnership: FreeholdNEW LISTING
249 TIMBER TRAIL Road
Elmira, ON N3B0E4
MLS® 40872353
22
Walk Score
42
Bike
$849,900
2 bed3.5 bath4 parking2,535 sqftBuilt 2023
22
Walk Score
42
Bike
Open House
Saturday, October 31
10:00 AM – 12:00 PM
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Style
- Bungalow
- Stories
- 1
- Frontage
- 32 feet
R5A
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $4,567
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Lower level | 17'2'' x 10'8'' |
| Storage | Lower level | 11'7'' x 6'6'' |
| Bonus Room | Lower level | 11'7'' x 14'0'' |
| Recreation room | Lower level | 16'4'' x 27'10'' |
| Bedroom | Lower level | 14'9'' x 10'6'' |
| 4pc Bathroom | Lower level | — |
| Primary Bedroom | Main level | 13'10'' x 14'1'' |
| Living room/Dining room | Main level | 16'11'' x 20'4'' |
| Kitchen | Main level | 13'4'' x 16'8'' |
| Foyer | Main level | 10'5'' x 8'11'' |
| 3pc Ensuite bath | Main level | — |
| 2pc Bathroom | Main level | — |
Description
Welcome to freehold executive bungalow living at its finest! No condo fees for this home! This beautifully upgraded 1+1 bedroom townhome offers an exceptional combination of luxury, comfort, and low-maintenance living, all while backing onto a picturesque pond. Featuring a double-car garage, concrete driveway, 9-foot ceilings, and a carpet-free interior, this home is ideal for those looking to downsize without compromising on quality or space. The thoughtfully designed open-concept layout offers a bright and inviting living area, highlighted by a stunning oversized fireplace and beautiful views of the pond. The impressive kitchen is truly the heart of the home, featuring an extended island with upgraded quartz countertops, additional cabinetry, and a spacious walk-in pantry, perfect for both everyday living and entertaining. The generous primary suite offers a private ensuite and walk-in closet. Step outside onto the elevated covered deck, where you can relax and enjoy peaceful pond views, complete gas bbq and motorized exterior shades for added comfort and privacy. The fully finished lower level offers a second bedroom, large window allowing plenty of natural light, rec room area and versatile bonus space ideal for a home office, fitness room, or hobby area. Additional thoughtful upgrades include tinted windows, a reverse osmosis water system, a concrete pad beneath the deck, and an EV charger. With its quality finishes, exceptional upgrades, and beautiful natural setting, this home offers the perfect opportunity to simplify your lifestyle without sacrificing the comforts and luxuries you deserve. This is Amazing Executive living with a view! (id:63161)
Listing Information
- MLS®
- 40872353
- Data last synced
- October 27, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40872353
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
$335/sqft
Building average
—
No other active listings in this building
550 - Elmira average
$353/sqft
6 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Nearby Places
Restaurants (1)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
3.4 km away
Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (condo fees, tax, utilities, etc.)$507.58
Total monthly cost$4,894.20
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$59,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,124.76
Cash Needed at Closing
Minimum down payment$59,990
Estimated Land Transfer Tax (LTT)$13,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,963
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.
