Central Elgin, ON · · MLS® X12961462Updated
$499,000Est. $2,451/mo mortgage
482 Lower Spring St is a 3-bedroom, 1-bathroom detached home in Central Elgin, listed for $499,000. It has 700-1100 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Quaint cottage style home in erie rest beach area of port stanley. 3 BEDROOMS (ONE Currently being used as a walk in closet) one 4 piece bathroom recently renovated with the addition of stackable washer and dryer. Large comfortable living room and a sunroom. Galley style kitchen with small eating area. Crawl space access on south wall. Insulation added to crawl space and attic. 2023 RITCHE'S. High grade foam insulation. NEW Ductless heating and cooling minisplit ac installed in 2023. Efficient gas fireplace keeps the home warm and cozy. Side deck for outside bbq and lounging. Large lot outside relaxing and campfires. Recycled asphalt driveway parks 2-3 cars. Best of all a 3 minute walk to desireable erie rest beach.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $713 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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117 SEVENTH Avenue
3 bd · 1 ba · Detached
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339 Sunset Drive
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91 The Promenade N/A
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30 Regatta Way
2 bd · 2 ba · Detached
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137 Centennial Avenue
3 bd · 2 ba · Detached
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324 Carlow Road
3 bd · 2 ba · Detached
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home482 Lower Spring Street 3 bd · 1 ba · 700 sqft | $499,000asking | $713 | — | — |
| 117 SEVENTH Avenue 3 bd · 1 ba · 1,100 sqft | ||||
| 339 Sunset Drive 4 bd · 3 ba · 3,000 sqft | ||||
| 91 The Promenade N/A 2 bd · 2 ba · 1,500 sqft | ||||
| 30 Regatta Way 2 bd · 2 ba · 1,100 sqft | ||||
| 137 Centennial Avenue 3 bd · 2 ba · 1,100 sqft | ||||
| 324 Carlow Road 3 bd · 2 ba · 1,500 sqft |
3 bd · 1 ba · 1,100 sqft
4 bd · 3 ba · 3,000 sqft
2 bd · 2 ba · 1,500 sqft
2 bd · 2 ba · 1,100 sqft
3 bd · 2 ba · 1,100 sqft
3 bd · 2 ba · 1,500 sqft
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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.
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: CENTURY 21 FIRST CANADIAN CORP. DAN SALHANI INC, BrokerageMLS® X12961462 · Listing data last updated
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.
Other 3–4 bed homes for sale in Central Elgin around $499K.
Homes for sale in Central Elgin
Every active Central Elgin MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 89 sales from Aug 3 – Nov 1, 2026 (75 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
482 Lower Spring St is listed at $499,000 (MLS® X12961462). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Central 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
No — 482 Lower Spring St is still listed at its original asking price of $499,000.
482 Lower Spring St has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Central Elgin.
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), 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.
Its asking price of $499,000 is about 20% below the median sold price in Central Elgin over the last 90 days, $619,900, across 89 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.
Summitly has no earlier MLS® sale or lease of 482 Lower Spring St on record from the last two years. Older records aren't shown under TRREB rules.
482 Lower Spring St is in Central Elgin, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
211 days — 482 Lower Spring St was listed on April 4, 2026.
About $454 to $713 per square foot: the asking price of $499,000 over the 700–1,100 sq ft the listing gives as its size range.
Yes — the listing gives 2 parking spaces.
The listing describes the basement as: Crawl Space.
