391 1st Avenue, Arran-Elderslie, ON
Property no longer active
This property was sold on May 30, 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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 100 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via oil
Description
Welcome to this charming and beautifully maintained 3-bedroom, 2 full bath home located in the picturesque community of Chesley. Situated close to schools and shopping, this bright and tastefully decorated home is truly move-in ready, offering both comfort and modern convenience. Numerous updates throughout the home include: newer windows, doors, central air, a paved driveway, and the main house roof; providing peace of mind and energy efficiency. The spacious main floor features an extra-large laundry room complete with ample cabinetry for added storage, making daily living a breeze. At the front of the home, a delightful three-season sunporch offers the perfect spot to relax with a morning coffee or unwind in the evening while enjoying the views of the surrounding neighbourhood. Outside, a detached 12x24 garage with hydro adds great utility for hobbies, storage, or parking. This home is the ideal blend of classic charm and modern updates; perfect for families, first-time buyers, or anyone looking to enjoy life in a welcoming, small-town setting.
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Property Summary
This detached home located at 391 1st Avenue, Arran-Elderslie is currently for sale and has been available on SousaSells for 426 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 391 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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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 391 1st Avenue S, Arran-Elderslie, ON N0G 1L0
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 $399,900 in Arran-Elderslie, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.