296 Inkerman Street, Arran-Elderslie, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $695,000 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 42.5 x 87 ft lot
- Features a walk-up, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Storage, Upgraded Insulation, Water Heater Owned
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Lovely investment property that is solid and up to date with numerous improvements since 2011 including new roof membrane 2024, New Boiler and 3 hot water heaters in 2023, Apt 3 entrance roof and new concrete pad in 2022, Apt 1 new side entrance, facia soffit and gutters in 2020, new attic and basement ceiling insulation 2014, driveway paved and all new double hung windows in 2012, all exterior doors replaced in 2011, with ongoing maintenance including fresh paint as convenient to do so. Excellent ceiling height in the basement which is used for extra storage and houses the utilities with expansion possible up to the third floor attic from Apt 3. Property is easy to maintain and has a security system in place. Situated just 1 block away from both Village amenities, the lovely Rotary Park and the Saugeen River, this property provides an excellent quality of life for its tenants. The Village of Paisley is growing and has all needful amenities except perhaps a dentist. 15 to 20 minute drive to the sandy beaches of Lake Huron or larger chain stores. 25 minutes tops to Bruce Power (22 kms to the Bruce Power Visitor Centre). With rentals being a strong component in the future of housing, this is your opportunity to own this architectural beauty that will look just as good for another century +. Please allow a minimum of 24 hours notice for showings out of consideration for the tenants. Utility costs are provided in Remarks for Brokerages to share with clients. **EXTRAS** Security system as negotiated, tools in landlord room also negotiable.
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Property Summary
This triplex located at 296 Inkerman Street, Arran-Elderslie is currently for sale and has been available on SousaSells for 547 days. This property is listed at $695,000 with an estimated mortgage of $2,313* per month. It has 6 beds, 3 bathrooms, and is 3000-3500 square feet. 296 Inkerman 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Park, Rec./Commun.Centre, River/Stream, School, Place Of Worship
Interior Features
Storage, Upgraded Insulation, Water Heater Owned, Water Meter
Security Features
Carbon Monoxide Detectors, Smoke Detector, Concierge/Security
Community Features
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Location
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 296 Inkerman Street, Arran-Elderslie, ON N0G 2N0
Based on 0 recent similar sales in the pocket.
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 $695,000 in Arran-Elderslie, the legal minimum down payment is $44,500 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 $10,375 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 $10,375.
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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.