16 Velma Street, Strathroy-Caradoc, ON N7G 3L3
SE, Strathroy-Caradoc · Near Adelaide & Richard Cr. · View map
About this home
Welcome to this beautifully updated 2 bedroom home in the desirable Twin Elm Estates community! The thoughtfully updated kitchen features quartz countertops, soft close cabinetry and a convenient walk in pantry for extra storage needs. Additional updates include newer flooring, a refreshed bathroom, new siding & roof shingles offering a move-in-ready home with plenty to enjoy. Outside, the landscaped backyard provides a peaceful setting overlooking farmers fields and features a gazebo, detached garage and separate storage shed. Twin Elm Estates itself offers a welcoming community atmosphere with a clubhouse featuring a monthly schedule of activities and events. The clubhouse is also available to rent for larger family gatherings and special occasions. A wonderful opportunity awaits you to enjoy comfortable living in a well maintained home surrounded by community and country views. Move in and fall in love with the relaxed, simple life. Land Lease $825/month Property Taxes $98.30/month Water & Sewer billed quarterly.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 8
- Basement
- None
- Faces
- East
- View
- Trees/Woods, Garden
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private Double
Taxes & other
- Property taxes
- $1,180/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Adelaide & Richard Cr.
- Neighbourhood
- SE
More
- Price per sq ft
- ~$400 (at 900 sq ft)
- Listed
- Aug 18, 2026 · 56 days ago
- MLS® number
- X13687002
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The home and its surroundings
- Auto Garage Door Remote
- Storage
- Water Heater Owned
- Deck
- Landscaped
- Patio
- Year Round Living
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
16 Velma Street, Strathroy-Caradoc, ON N7G 3L3
SE, Strathroy-Caradoc · Near Adelaide & Richard Cr.
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Listing history for 16 Velma Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 16 Velma Street
Answers come straight from this home’s MLS® listing.
How much is 16 Velma Street listed for, and what would it cost each month?
16 Velma Street is listed for $359,900. With 20% down ($71,980), the mortgage payment would be roughly $1,452 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,550 a month, all in. That figure is an illustration, not a quote.
Is 16 Velma Street freehold or a condo, and is there a monthly fee?
16 Velma Street is a bungalow in SE, Strathroy-Caradoc. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 16 Velma Street have?
16 Velma Street has 2 bedrooms and 1 bathroom.
Does 16 Velma Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 16 Velma Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 16 Velma Street?
16 Velma Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 16 Velma Street?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 16 Velma Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 16 Velma Street?
Property taxes are $1,180 a year (2026), or about $98 a month.
Where is 16 Velma Street?
16 Velma Street is in the SE community of Strathroy-Caradoc. The nearest main intersection is Adelaide & Richard Cr.. The postal code is N7G 3L3.
How long has 16 Velma Street been on the market?
16 Velma Street was listed on August 18, 2026. It has been on the market for 56 days. It is an active listing (MLS® X13687002). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 16 Velma Street asking?
Similar bungalow-style homes for sale nearby right now include 12 Kellestine Drive at $389,000 (2 bed), 67 Clarence Street at $349,900 (3 bed) and 43 Canaan Street at $449,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 16 Velma Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 16 Velma Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near SE, picked by style, size and price.
Bungalow$389,00012 Kellestine Drive, Strathroy-Caradoc2 bed · 2 bath · SECourtesy of: RE/MAX A-B Realty LtdView home →
Bungalow$349,90067 Clarence Street, Strathroy-Caradoc3 bed · 2 bath · SECourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
Bungalow$449,90043 Canaan Street, Strathroy-Caradoc3 bed · 1 bath · SECourtesy of: SYNERGY REALTY LTDView home →Courtesy of: RED RIBBON REAL ESTATE
PropTx MLS® assumes no responsibility for the accuracy of any information shown. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.