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Property Type: Detached HouseOwnership: Freehold
259 TIMBER TRAIL Road
Elmira, ON N3B0E4
MLS® 40865830
$1,499,000
5 bed5 full, 2 half bath6 parking5,192 sqftBuilt 2022
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 84 feet
R5A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,671
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 15'1'' x 11'5'' |
| Cold room | Basement | 26'6'' x 9'3'' |
| Storage | Basement | 23'2'' x 6'11'' |
| 2pc Bathroom | Basement | 5'4'' x 5'11'' |
| Recreation room | Basement | 42'9'' x 31'4'' |
| Bedroom | Basement | 10'4'' x 13'0'' |
| 4pc Bathroom | Second level | 7'5'' x 7'7'' |
| 5pc Bathroom | Second level | 8'1'' x 7'8'' |
| Bedroom | Second level | 11'2'' x 11'8'' |
| Bedroom | Second level | 12'3'' x 14'0'' |
| Bedroom | Second level | 14'7'' x 16'2'' |
| 5pc Ensuite bath | Second level | 10'1'' x 14'8'' |
| Primary Bedroom | Second level | 21'2'' x 19'3'' |
Description
Set on an impressive double lot backing onto a walking trail with a pond, this exceptional property is fully fenced, offering privacy, security, and curb appeal. The gourmet eat-in kitchen is designed for both everyday living and entertaining, featuring ample space for a family gatherings with an oversized island, a gas range, and a spacious walk-in pantry. An additional wet bar, complete with granite and a reverse-osmosis water system, adds an extra touch of luxury and convenience. The main floor also features a private home office, cozy gas fireplace, and an impressive grand foyer and living room with soaring 18-foot ceilings, sure to be a conversation piece. The mudroom has been created for everyday living with cubbies, hooks, and storage, while the laundry room is practical with cabinetry, a drying bar, sink, and plenty of counter space. Three sets of sliding doors open onto a covered patio with sleek glass railings, creating an effortless indoor-outdoor entertaining space. Upstairs, you'll find four generously sized bedrooms, two additional full bathrooms. The luxurious primary suite includes a spa-inspired ensuite and large walk-in closet. The fully finished basement is meant for entertaining, featuring a wet bar, two-piece bathroom, Gym area, large finished storage room, and separate access from the basement stairs to the triple-car garage. The oversized garage includes an additional bay with convenient access to the backyard. This home is move in ready with plenty of upgrades you will not find a home like this in the neighbourhood. (id:63159)
Listing Information
- MLS®
- 40865830
- Data last synced
- October 4, 2026
Revel Realty Inc., Brokerage
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Revel Realty Inc., Brokerage
MLS® Number: 40865830
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
$289/sqft
Building average
—
No other active listings in this building
550 - Elmira average
$380/sqft
20 active listing(s)
Parking: 6 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 (1)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (condo fees, tax, utilities, etc.)$982.58
Total monthly cost$8,719.41
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$124,900
Stress test qualifying rate8.19%
Payment you must qualify for$10,654.42
Cash Needed at Closing
Minimum down payment$124,900
Estimated Land Transfer Tax (LTT)$26,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$152,855
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.
