About this home
Welcome to 40 Schreyer Drive, nestled in the sought-after Lake Margaret neighbourhood! This well-maintained detached bungalow offers a wonderful combination of comfort, functionality, and location. Featuring 2 bedrooms and a full bathroom on the main level, the home also boasts a bright, inviting kitchen with a walkout to the deck and fully fenced backyard, creating the perfect space to enjoy outdoor living, entertain family and friends, or simply unwind.Freshly painted throughout, this home offers a welcoming feel and move-in-ready appeal. The finished basement provides valuable additional living space with endless possibilities, whether you need a family room, hobby space, home office, or room to accommodate your lifestyle. Additional features include a single-car garage for added convenience and storage, along with a newer roof completed in 2021.Located in a mature and friendly neighbourhood, you'll love having walking trails just steps away and the beautiful surroundings of Lake Margaret close by. Whether you're a first-time buyer, downsizing, or looking for a home in a fantastic location, 40 Schreyer Drive is a great opportunity to make your next move!
The home
- Type
- Detached home
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 8
- Basement
- Full
- Lot size
- 57.6 x 110.1 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
Taxes & other
- Property taxes
- $3,565/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- FLEXIBLE
- Cross street
- Sauve
- Neighbourhood
- St. Thomas
More
- Price per sq ft
- ~$555 (at 900 sq ft)
- MLS® number
- X14137696
No matching details. Ask Will instead
No features listed yet.
- 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.
Schools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 40 SCHREYER Drive
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 40 SCHREYER Drive
Answers come straight from this home’s MLS® listing.
How much is 40 SCHREYER Drive listed for, and what would it cost each month?
40 SCHREYER Drive is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,314 a month, all in. That figure is an illustration, not a quote.
Is 40 SCHREYER Drive freehold or a condo, and is there a monthly fee?
40 SCHREYER Drive is a detached home in St. Thomas. 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 40 SCHREYER Drive have?
40 SCHREYER Drive has 2 bedrooms and 2 bathrooms. The listing gives the style as bungalow.
Does 40 SCHREYER Drive have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 40 SCHREYER Drive have a finished basement?
The listing describes the basement as full.
What style of home is 40 SCHREYER Drive?
40 SCHREYER Drive is a detached home. A detached home stands on its own lot with no shared walls.
How big is 40 SCHREYER Drive, and what is the lot size?
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. The lot is listed as 57.6 x 110.1 ft.
How is 40 SCHREYER Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 40 SCHREYER Drive?
Property taxes are $3,565 a year (2025), or about $297 a month.
Where is 40 SCHREYER Drive?
40 SCHREYER Drive is in St. Thomas. The nearest main intersection is Sauve. The postal code is N5R 6G9.
Is 40 SCHREYER Drive still for sale?
Yes. It is an active listing (MLS® X14137696). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 40 SCHREYER Drive asking?
Similar properties for sale nearby right now include 15 Schreyer Drive at $569,900 (3 bed), 24 Schreyer Drive at $579,900 (3+2 bed) and 5 Havenridge Court at $495,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 40 SCHREYER Drive 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 40 SCHREYER Drive?
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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near St. Thomas, picked by style, size and price.
Detached home$569,90015 Schreyer Drive, St. Thomas3 bed · 2 bath · St. ThomasCourtesy of: EXP REALTYView home →
Detached home$579,90024 Schreyer Drive, St. Thomas3+2 bed · 2 bath · St. ThomasCourtesy of: RE/MAX CENTRE CITY REALTY INC.View home →
Detached home$495,0005 Havenridge Court, St. Thomas2+1 bed · 2 bath · St. ThomasCourtesy of: ELGIN REALTY LIMITEDView home →Courtesy of: ELGIN REALTY LIMITED
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.