62 Compass Trail, Central Elgin, ON

$649,900
MLS#:X12820004
2 beds
2 baths
1200-1399 sqft
4.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] vacant land condo located in the coveted neighborhood of Port Stanley. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["unfinished", "development potential"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Experience the perfect blend of comfort and coastal charm in the Model Signature located at 62 Compass Trail, Unit #1, where we are simply making luxury accessible for those who appreciate high-end living. This beautifully crafted 1,325 square foot end unit home is situated just minutes from Port Stanley's Main Beach and represents an incredible financial opportunity with a total retail value of $771,900 offered at a price of $709,900. By securing this home, you gain over $62,000 in instant equity, as the unit includes $152,000 in premium extras on a $619,900 base price. This brand-new freehold attached condo offers effortless main floor living with the chance to add your own personal touches through the builder's selection process. If you are looking to finish the basement or add additional lighting, the possibilities are endless. These homes offer a lock-and-leave lifestyle perfect for snowbirds, down-sizers, or busy professionals looking to simplify life in a vibrant community moments away from shops, dining, and the picturesque shoreline. Whether you are seeking a year-round residence or a weekend escape, this is your chance to secure a lifestyle of ease, elegance, and lakeside living. Please note that these homes are to be built and current photos are from a previous model with upgrades not included in the base price.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 6, 2026
Sold price information is available to members only
Listed Date2/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land Condo
ConstructionBoard & Batten , Brick
CountyElgin
Annual Tax$0

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Park, Other

Community Features

Location

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62 Compass Trail, Central Elgin, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 62 Compass Trail 1, Central Elgin, ON N5L 0B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$519,920
Monthly Mortgage$3,021
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$3,371

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Central Elgin.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Port Stanley, Central Elgin.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$704,021

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Port Stanley
PublicCarlow Road, Central Elgin, Ontario, N5L 1C5
6.1

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.