185 4TH Street, Arran-Elderslie, ON

$399,000
MLS#:X10846993
4 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $399,000 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 70.2 x 353.92 ft lot
  • Features a unfinished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Meter, Water Heater
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via gas

Description

BONUS: Intown property, w/1/2 acre, deep mature treed lot, w/shop, detached garage & covered carport. House is a 4 bedroom 1 1/2 bath, main floor laundry. Heated throughout with Natural Gas, w/in-floor heat in the Living room & rads throughout the house w/back up cozy wood stove. The property is partially fenced, very private back yard. Mature treed lot, also featuring some fruit trees. Upgrades over the years: w/metal roof, newer windows, Kitchen & Bathroom updates, electrical, hot water gas heating system (water on demand), new shingles. Detached garage: 14'4" x 20'6". Carport: 10' x 20'6". Shop: 25' x 21'4". Main floor, Laundry room, located behind the kitchen shelving unit. The unit is the door to that area.

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Property Summary

This detached home located at 185 4TH Street, Arran-Elderslie is currently for sale and has been available on SousaSells for 640 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 185 4TH Street, 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

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

Additional Details

StatusSold
Sold DateJanuary 26, 2025
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Partial Basement
Lot Size70.2 × 353.92 Feet
CountyBruce
Annual Tax$3,289.73
Legal DescriptionPLAN 213 PT LOT 202 R369859 (ARRAN ELDERSLIE)

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

Property Features

Hospital, Fenced Yard

Interior Features

Water Meter, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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185 4TH Street, 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 185 4TH Street, 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 Rate4.00%
Down Payment$119,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,950.
Amortization Period30 Years
Estimated Monthly Payment$1,328Based on a loan of $279,300 over 30 years.
Purchase Price$399,000
Loan Amount$279,300
Provincial Land Transfer Tax:$4,460
Total Estimated Closing Taxes:$4,460

About Purchasing a Home in Arran-Elderslie, ON

For a property listed at $399,000 in Arran-Elderslie, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$594,714

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.