120 3rd Avenue, Arran-Elderslie, ON

$425,000
MLS#:X12692790
4 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $425,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 73.95 x 99 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Chesley Starter Home/Large Family Home - Room to Grow! Welcome to this spacious 4-bedroom, 2-bathroom family home in the heart of Chesley, offering the perfect blend of comfort, convenience, and small-town charm. Set on a large, fully fenced yard, this property provides plenty of room for kids, pets, gardening, or entertaining. Step inside to a warm and inviting layout featuring flooring throughout (except stairway to the upper level), a large living room, a dedicated dining room, and a beautiful, spacious kitchen with great flow for family life and hosting. The main-floor laundry adds everyday convenience, while the mudroom offers excellent storage and functionality for busy households. The home features new windows in the living room, dining room, kitchen, and the versatile downstairs room - perfect for a main-floor bedroom, pantry, office, or playroom depending on your needs. Upstairs are well-sized bedrooms with ample storage, creating a comfortable retreat for the whole family. The partially finished basement provides even more space for storage or hobbies. Step outside to enjoy a covered hot-tub area, patio, and deck, making the backyard a true extension of your living space. A large 10x14 shed adds practicality for tools and toys. Located within walking distance to Chesley's downtown shops, arena, school, parks, and the swimming pool, this home is ideal for families wanting a walkable lifestyle in a welcoming community.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date1/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Brick
BasementFull, Unfinished
Lot Size73.95 × 99 Feet
CountyBruce
Annual Tax$3,000
Legal DescriptionPT LT 96 PL 132 AS IN R286530; ARRAN-ELDERSLIE

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Lake/Pond, Park, Library, Place Of Worship

Interior Features

Sump Pump, Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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120 3rd Avenue, Arran-Elderslie, 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 120 3rd Avenue SW, Arran-Elderslie, ON N0G 1L0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Arran-Elderslie.

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Interest Rate5.25%
Down Payment$21,250 (5.0%)
* Minimum Canadian down payment required for this price is $21,250.
Amortization Period25 Years
Estimated Monthly Payment$2,406Based on a loan of $403,750 over 25 years.
Purchase Price$425,000
Loan Amount$403,750
Provincial Land Transfer Tax:$4,975
Total Estimated Closing Taxes:$4,975

About Purchasing a Home in Arran-Elderslie, ON

For a property listed at $425,000 in Arran-Elderslie, the legal minimum down payment is $21,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,975 for this transaction. As this listing is in Arran-Elderslie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,975.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Arran-Elderslie.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$649,258

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

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Secondary Schools

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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.