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Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED
27 CORAL GABLES Crescent
Elmira, ON N3B3P4
MLS® 40872841
35
Walk Score
50
Bike
$1,100,000
5 bed3 bath4 parking3,064 sqftBuilt 2010
35
Walk Score
50
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 50 feet
R3A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,480
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 12'7'' x 22'10'' |
| Recreation room | Basement | 22'8'' x 39'5'' |
| Bedroom | Basement | 12'0'' x 13'11'' |
| Cold room | Basement | 7'5'' x 8'0'' |
| Bedroom | Basement | 11'7'' x 13'11'' |
| 3pc Bathroom | Basement | 5'5'' x 9'5'' |
| Primary Bedroom | Main level | 15'1'' x 18'6'' |
| Living room | Main level | 14'11'' x 18'7'' |
| Laundry room | Main level | 7'8'' x 8'4'' |
| Kitchen | Main level | 11'8'' x 12'8'' |
| Dining room | Main level | 12'8'' x 13'5'' |
| Bedroom | Main level | 12'6'' x 13'6'' |
| Bedroom | Main level | 10'9'' x 12'4'' |
Description
STUNNING executive 3+2 bedroom bungalow offering over 3,000 square feet of beautifully finished living space and three full bathrooms on a quiet Elmira crescent. Built in 2010, this thoughtfully appointed home features a spacious foyer, hardwood flooring and an inviting open-concept main floor. The kitchen combines style and function with a large island, generous cabinetry, quartz counters, built-in appliances, induction cooktop and a reverse osmosis system. A vaulted ceiling and gas fireplace add warmth and character to the adjoining family room. Step outside to the standout party-sized covered timber-frame deck, complete with built-in privacy shutters and generous space for dining, relaxing and entertaining. Low-maintenance landscaping, raised flower boxes, a concrete walkway and a double-door storage shed complete this backyard retreat. Three main-floor bedrooms include a spacious primary suite with a walk-in closet and beautifully updated four-piece ensuite featuring heated floors, quartz countertops, dual vanities with backlit mirrors and a digitally controlled steam shower. Updated main-floor laundry with built-in cabinetry adds everyday convenience. The finished basement offers two additional bedrooms with flexibility for office or gym space, a generous rec room, games room and three-piece bathroom with a glass-enclosed rain shower and quartz vanity. California shutters, built-in closet shelving and a metal roof installed in 2024 add lasting appeal. The heated garage features insulated high-lift doors to accommodate larger vehicles. Exceptional outdoor living, thoughtful upgrades and generous space throughout make this bungalow a standout. Bungalows of this caliber are a rare find, so book your private showing today. (id:63161)
Listing Information
- MLS®
- 40872841
- Data last synced
- October 26, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40872841
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
$359/sqft
Building average
—
No other active listings in this building
550 - Elmira average
$376/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
Parks (2)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
1.1 km away
Mortgage & Ownership Cost Calculator
Minimum required: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (condo fees, tax, utilities, etc.)$693.00
Total monthly cost$6,370.46
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$85,000
Stress test qualifying rate8.19%
Payment you must qualify for$7,870.05
Cash Needed at Closing
Minimum down payment$85,000
Estimated Land Transfer Tax (LTT)$18,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$104,975
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.
