How much is 1560 Elgin Rd listed for?

1560 Elgin Rd is listed at $1,499,000 (MLS® X13734502). Summitly updates the price as soon as the MLS® record changes.

Is $1,499,000 a good price for 1560 Elgin Rd?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Thames Centre. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 1560 Elgin Rd changed?

Yes — it was first listed at $1,575,000 and is now $1,499,000, a drop of $76,000 (4.8%).

How many bedrooms and bathrooms does 1560 Elgin Rd have?

1560 Elgin Rd has 5 bedrooms and 3 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Thames Centre.

How much would the monthly mortgage be on 1560 Elgin Rd?

About $7,364 a month — principal and interest on $1,499,000 with 20% down ($299,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 1560 Elgin Rd compare with other homes in Thames Centre?

Its asking price of $1,499,000 is about 94% above the median sold price in Thames Centre over the last 90 days, $773,950, across 66 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 1560 Elgin Rd been sold before?

Summitly has no earlier MLS® sale or lease of 1560 Elgin Rd on record from the last two years. Older records aren't shown under TRREB rules.

Where is 1560 Elgin Rd?

1560 Elgin Rd is in Thames Centre, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1560 Elgin Rd been on the market?

52 days — 1560 Elgin Rd was listed on September 1, 2026.

What is the price per square foot of 1560 Elgin Rd?

About $300 to $428 per square foot: the asking price of $1,499,000 over the 3,500–5,000 sq ft the listing gives as its size range.

Does 1560 Elgin Rd have parking or a garage?

Yes — the listing gives 15 parking spaces. Garage: Yes.

Does 1560 Elgin Rd have a basement, and is it finished?

The listing describes the basement as: Separate Entrance, Finished.

For saleExcellent Deal

DetachedOn market 52 daysPrice drop · $76,000 off (-4.8%)

1560 Elgin Rd, Thames Centre

Name: 1560 Elgin Road
SKU: X13734502
Price: 1499000 CAD
Availability: InStock

Thames Centre, ON · · MLS® X13734502Updated October 8, 2026

$1,499,000Est. $7,364/mo mortgage

Bedrooms: 5
Bathrooms: 3
Living space: 3500–5000sq ft
Parking spaces: 15

Type Detached
Lot 25.995 acres
Garage Yes
Basement Separate Entrance, Finished

What you should know

1560 Elgin Rd is a 5-bedroom, 3-bathroom detached home in Thames Centre, listed for $1,499,000. It has 3500-5000 sq ft of living space.

Welcome to this beautifully maintained country estate offering over 6,000 sq. ft. of finished living space on a private and scenic lot.
Stunning custom kitchen with exposed brick accents, premium appliances, and a double-sided fireplace that opens into the spectacular Great Room with soaring 20-foot ceilings and an abundance of natural light.
Expansive windows throughout the home showcase picturesque views of the surrounding countryside.

Ask Zara:

5 Bed, 3 Bath Detached Home in Thames Centre

About 1560 Elgin Road

Welcome to this beautifully maintained country estate offering over 6,000 sq. ft. of finished living space on a private and scenic lot. Thoughtfully updated throughout, this impressive home combines the charm of country living with modern comfort and functionality. Stunning custom kitchen with exposed brick accents, premium appliances, and a double-sided fireplace that opens into the spectacular Great Room with soaring 20-foot ceilings and an abundance of natural light. Expansive windows throughout the home showcase picturesque views of the surrounding countryside. The home offers two spacious primary suites, multiple living and family rooms, additional bedrooms, a dedicated hot tub room, convenient main-floor laundry, and a fully finished lower level with plenty of space. RECENT UPGRADES includes premium UV-protected windows, a metal roof with an estimated 75-year lifespan, a newly drilled well, furnace, central air conditioning, separate A/C for the primary suite, water softener, hot water tank, tankless propane backup hot water system, updated plumbing, lighting, doors, sliding doors, and a new fireplace. Enjoy the 50' x 20' inground pool, newly built front deck, updated retaining wall, detached single-car garage, detached two-car garage, and the peaceful surroundings that make this property truly special. Meticulously cared for and move-in ready, this is a rare opportunity to own a spacious country estate where the major updates have already been completed.

5 bedrooms, 3 bathrooms, about 3,500 sq ft, works out to roughly $428 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1560 Elgin Rd

Every detail from the listing, in one place.

Type: Detached
Style: Backsplit 5
Living space: 3500-5000 sq ftas stated on the listing
Parking: 15 spacesYes garage
Basement: Separate Entrance, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 15

Interior

Basement: Separate Entrance · Finished

Exterior & construction

Pool: Yes

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Backsplit 5
Property class: Detached

1560 Elgin Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13734502−$76,000 (4.8%)$1,499,000
Sep 1, 2026For saleListedThis listingMLS® X13734502$1,575,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1560 Elgin Rd Compares to the Thames Centre Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 119 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Thames Centre market, last 90 days

Median sold price: $773,950
Average sold price: $782,174
Average days on market: 66
Homes sold: 66

Closed sales on the TRREB MLS®.

Full Thames Centre market report

Recently sold nearby in Thames Centre

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home1560 Elgin Road 5 bd · 3 ba · 3,500 sqft	$1,499,000asking	$428	—	—
89 Parkview Drive 4 bd · 3 ba · 2,000 sqft
188 Foxborough Place 4 bd · 3 ba · 3,000 sqft
258 Harvest Lane 4 bd · 2 ba · 2,500 sqft
100 ASPEN Circle 4 bd · 2 ba · 2,000 sqft
202 Harvest Lane 5 bd · 4 ba · 3,500 sqft
137 SHERWOOD Place 4 bd · 2 ba · 2,500 sqft

89 Parkview Drive
4 bd · 3 ba · 2,000 sqft
188 Foxborough Place
4 bd · 3 ba · 3,000 sqft
258 Harvest Lane
4 bd · 2 ba · 2,500 sqft
100 ASPEN Circle
4 bd · 2 ba · 2,000 sqft
202 Harvest Lane
5 bd · 4 ba · 3,500 sqft
137 SHERWOOD Place
4 bd · 2 ba · 2,500 sqft

Living in Thames Centre: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From 1560 Elgin Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1560 Elgin Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,364; 20% down · 25 years · 5.5% assumed
Property tax: $824; 0.66% mill rate · ON
Total per month: $8,188; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,364

/mo

based on the purchase price of $1,499,000

Down payment20%

$299,800 cash

Amortization25 yr

$1,199,200 financed

Rate5.50%

$1,010,041 total interest

Principal54%$1,199,200

Interest46%$1,010,041

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: RE/MAX REAL ESTATE CENTRE INC., BrokerageMLS® X13734502 · Listing data last updated October 8, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Aug 31· $428/sq ft

Estimated monthly mortgage$7,364/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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1560 Elgin Rd, Thames Centre

What you should know