161 1st Avenue, Arran-Elderslie, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $574,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 115.28 x 132 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Welcome to 161 1st Ave N, Chesley! This charming 3+2 bedroom, 2 bath home sits on a corner lot in one of the towns friendliest neighbourhoods. Bright west-facing windows fill the main floor with natural light. The family-friendly kitchen features ample counter space, a walk-in pantry, and patio doors leading to a fenced backyard-ideal for kids, pets, and summer gatherings. The refreshed lower level adds valuable flexibility, with an extra kitchen and bathroom, two spacious rooms, generous storage, and a wet bar-perfect for guests, hobbies, or a relaxed hangout space. Centrally located between Bruce and Grey Counties, it offers an easy commute to Bruce Power, Hanover, and Owen Sound, while staying close to schools, parks, and small-town conveniences. With great curb appeal, a versatile layout, and a prime location, this home offers exceptional comfort and room to grow. Contact your Realtor today!
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Property Summary
This detached home located at 161 1st Avenue, Arran-Elderslie is currently for sale and has been available on SousaSells for 238 days. This property is listed at $574,900 with an estimated mortgage of $1,914* per month. It has 5 beds, 2 bathrooms, and is 1500-2000 square feet. 161 1st Avenue, Arran-Elderslie is in the Arran-Elderslie neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Primary Bedroom - Main Floor, Propane Tank, Sump Pump
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 161 1st Avenue N, Arran-Elderslie, ON N0H 2N0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Arran-Elderslie, ON
For a property listed at $574,900 in Arran-Elderslie, the legal minimum down payment is $32,490 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 $7,973 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 $7,973.
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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.