2 Velma Street, Strathroy-Caradoc, ON N7G 0C5
SW, Strathroy-Caradoc · Near Adelaide Road · View map
About this home
Welcome to Twin Elm Estates, a friendly Parkbridge Community located in Strathroy with a very active Clubhouse offering everything from exercise programs to crafts, cards and regular community events. Set on an end lot backing onto open farmland, this 900 sq ft bungalow is bright and airy, with big windows, lots of natural light and generously sized living and bedroom areas ready for your finishing touches. Enjoy easy one level living with 2 bedrooms,a full bath, and fridge, stove, washer and dryer included. Bonus: an oversized garage with a workshop, a dream for hobbyists, woodworkers and anyone who likes a project. Priced at $149,900 this home is ready for your ideas and your toolbox. The monthly Land Lease is $825/month and property taxes are $96.05/month. With the hospital, shopping and restaurants nearby and London just 20 minutes away, you get convenience, privacy, community living and everything you need close at hand. The existing LandLease may be eligible for assignment, subject to Parkbridge approval and the Purchaser satisfying Parkbridge standard qualification requirements, as provided under the Residential Tenancies Act.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 7
- Basement
- None
- Faces
- East
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector
- 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
- 2
- Parking features
- Private Double
Taxes & other
- Property taxes
- $1,153/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Adelaide Road
- Neighbourhood
- SW
More
- Price per sq ft
- ~$167 (at 900 sq ft)
- Listed
- Oct 19, 2026 · yesterday
- MLS® number
- X14094540
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The home and its surroundings
- Auto Garage Door Remote
- Primary Bedroom - Main Floor
- Water Heater Owned
- Water Meter
- Golf
- Hospital
- Level
- Library
- Park
- Place Of Worship
- Controlled Entry
- 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.
2 Velma Street, Strathroy-Caradoc, ON N7G 0C5
SW, Strathroy-Caradoc · Near Adelaide Road
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Listing history for 2 Velma Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 2 Velma Street
Answers come straight from this home’s MLS® listing.
How much is 2 Velma Street listed for, and what would it cost each month?
2 Velma Street is listed for $149,999. With 20% down ($30,000), the mortgage payment would be roughly $605 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $701 a month, all in. That figure is an illustration, not a quote.
Is 2 Velma Street freehold or a condo, and is there a monthly fee?
2 Velma Street is a bungalow in SW, 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 2 Velma Street have?
2 Velma Street has 2 bedrooms and 1 bathroom.
Does 2 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 2 parking spaces.
Does 2 Velma Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 2 Velma Street?
2 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 2 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 2 Velma Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 2 Velma Street?
Property taxes are $1,153 a year (2025), or about $96 a month.
Where is 2 Velma Street?
2 Velma Street is in the SW community of Strathroy-Caradoc. The nearest main intersection is Adelaide Road. The postal code is N7G 0C5.
How long has 2 Velma Street been on the market?
2 Velma Street was listed on October 19, 2026. It has been on the market for 1 day. It is an active listing (MLS® X14094540). Listings here update from the board through the day and come down once a home sells.
What have homes at 2 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 2 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.
Courtesy of: Royal LePage Heartland Realty
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.