DetachedOn market 70 daysPrice drop · $15,099 off (-4.8%)
221 Third St, West Elgin
West Elgin, ON · · MLS® X13721564Updated
$299,900Est. $1,473/mo mortgage
Bedrooms
1
Bathrooms
1
Living space
1100–1500sq ft
Parking spaces
7
Type Detached
Lot 50 acres
Garage Yes
Basement Partial Basement
What you should know
221 Third St is a 1-bedroom, 1-bathroom detached home in West Elgin, listed for $299,900. It has 1100-1500 sq ft of living space.
1Charming, updated home set on a prime corner lot in the quiet neighbourhood of Rodney, just steps from parks and local shopping, and a 10-minute drive to Port Glasgow!
2This move-in ready property features an updated kitchen, updated full bath, newer plumbing, electrical, and updated ductwork.
3The main floor offers main-floor laundry, a large rear mudroom, and bright living room.
Charming, updated home set on a prime corner lot in the quiet neighbourhood of Rodney, just steps from parks and local shopping, and a 10-minute drive to Port Glasgow! This move-in ready property features an updated kitchen, updated full bath, newer plumbing, electrical, and updated ductwork. The main floor offers main-floor laundry, a large rear mudroom, and bright living room. Upstairs, enjoy the renovated space with primary bedroom and a versatile loft, ideal for a home office, den, or studio, with clear potential for a second bedroom setup.Outdoors features a newly added 12 x 28 2-car garage (2025) plus a separate workshop equipped with hydro? perfect for hobbyists or extra storage. Complete with a durable metal roof, fenced yard and more! Incredible value with major mechanical and interior upgrades already complete!
1 bedroom, 1 bathroom, about 1,100 sq ft, works out to roughly $273 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 221 Third St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Partial Basement
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
221 Third St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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Similar homes for sale nearby in West Elgin
Other 2-bed homes for sale in West Elgin around $300K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings54Homes for sale here right now.
Median vs prior 90 days+12.7%Compared with May 10 – Aug 8, 2026: prices up.
Based on 27 sales from Aug 8 – Nov 6, 2026 (23 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 221 Third St
How much is 221 Third St listed for?
221 Third St is listed at $299,900 (MLS® X13721564). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 221 Third St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in West Elgin. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 221 Third St changed?
Yes — it was first listed at $314,999 and is now $299,900, a drop of $15,099 (4.8%).
How many bedrooms and bathrooms does 221 Third St have?
221 Third St has 1 bedroom and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in West Elgin.
How much would the monthly mortgage be on 221 Third St?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 221 Third St compare with other homes in West Elgin?
Its asking price of $299,900 is about 33% below the median sold price in West Elgin over the last 90 days, $445,000, across 27 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 221 Third St been sold before?
Summitly has no earlier MLS® sale or lease of 221 Third St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 221 Third St?
221 Third St is in West Elgin, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 221 Third St been on the market?
70 days — 221 Third St was listed on August 28, 2026.
What is the price per square foot of 221 Third St?
About $200 to $273 per square foot: the asking price of $299,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 221 Third St have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 221 Third St have a basement, and is it finished?
The listing describes the basement as: Partial Basement.