40 7th Street, Arran-Elderslie, ON

$349,900
MLS#:X14094230
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
Residential Freehold for sale - 2 Bed, 1 Bath Home at 40 7th Street Arran-Elderslie ON listed at $349,900 (MLS# X14094230) - Main View
Open House
For Sale
Added:Oct 14, 2026(5 days ago)
Updated:Oct 19, 2026(today)
Last Checked:22 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $349,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 99 x 86 ft lot
  • Features a unfinished, walk-out, exposed rock, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • Ample parking with 0.0 garage spaces (2.0 total parking spaces)
  • Notable attributes: Carpet Free, Water Heater Owned, Primary Bedroom - Main Floor
  • Efficient forced air heating via gas

Description

Character, charm and all the major updates already taken care of - for just $349,900! Set on a generous corner lot in Chesley, this beautifully updated all-brick bungalow combines the appeal of an older home with the comfort and convenience of modern improvements. Offering approximately 1,033 sq. ft. of main-floor living space, two bedrooms and one bathroom, the home is filled with details that give it personality, from the high ceilings and hardwood flooring to exposed brick accents, sliding barn doors and a clawfoot soaker tub. The spacious living and dining area offers plenty of room to gather, complete with a cozy gas fireplace, while the renovated kitchen and bathroom make this home turn-key. Beyond the beautiful workmanship, the big-ticket improvements have been completed. Electrical and plumbing were updated in 2020, along with new windows and exterior doors in 2021, and a new gas furnace in 2024. Main-floor laundry adds everyday convenience, while the expansive unfinished basement with separate exterior access provides exceptional storage space. Outside, the property features mature trees, a concrete driveway and walkway, covered rear deck and large garden shed. Located close to Chesley's schools, parks, hospital and everyday amenities, this home offers an appealing combination of style, value and affordability. Whether you're a first-time buyer, downsizer or simply someone who appreciates a home without a list of repairs, 40 7th Street SW is worth seeing. Immediate possession available.

Upcoming Open Houses

1 Scheduled
Sunday, October 25, 20261:00 PM - 3:00 PMPublic
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Property Summary

This detached home located at 40 7th Street, Arran-Elderslie is currently for sale and has been available for 5 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 40 7th Street, Arran-Elderslie is in the Arran-Elderslie neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Arran-Elderslie, Arran-Elderslie.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Price$349,900
AddedOct 14, 2026 (5 days ago)
UpdatedOct 19, 2026 (today)
Last Checked22 minutes ago
Transaction TypeFor Sale
List Office NameRoyal LePage Exchange Realty Co.

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementUnfinished, Walk-Out, Exposed Rock, Separate Entrance
Lot Size99 Ă— 86 Feet
CountyBruce
Annual Tax$2,568
Legal DescriptionLT 125 PL 132 MUNICIPALITY OF ARRAN-ELDERSLIE

Parking & Garage

Parking Total2.0
Parking Space2
Garage Parking0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • School
  • Hospital
  • Rec./Commun.Centre
  • Library
  • River/Stream

Interior Features

  • Carpet Free
  • Water Heater Owned
  • Primary Bedroom - Main Floor
  • Storage

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Arran-Elderslie Home Buyer Advisory & Market HubActive MLS® Listing in Arran-Elderslie, Ontario

Looking to Buy a Home in Arran-Elderslie?

If you are looking for a house in Arran-Elderslie or researching Arran-Elderslie real estate for sale, this 2-bedroom detached at 40 7th Street, Arran-Elderslie, ON offers an exceptional opportunity to buy a home in Arran-Elderslie, Ontario. Whether you are a first-time Arran-Elderslie home buyer or comparing active Arran-Elderslie MLS® homes for sale, working with a dedicated Arran-Elderslie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Arran-Elderslie Homes for Sale & MLS® Listings

Browse all verified Arran-Elderslie real estate listings, compare active Arran-Elderslie houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Arran-Elderslie Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Arran-Elderslie realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Arran-Elderslie Buyer Budget & Costs

Estimated mortgage: $1,165*/month*. Estimated Ontario Land Transfer Tax: $3,724. First-time Arran-Elderslie home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Arran-Elderslie

Frequently Asked Questions about 40 7th Street, Arran-Elderslie, ON

Q.What is the asking price for 40 7th Street, Arran-Elderslie, ON ?

The current listing price for 40 7th Street, Arran-Elderslie, ON in Arran-Elderslie, Arran-Elderslie is $349,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 40 7th Street, Arran-Elderslie, ON ?

40 7th Street, Arran-Elderslie, ON is a Detached (Bungalow) featuring a Unfinished, Walk-Out, Exposed Rock, Separate Entrance basement.

Q.What key property features does 40 7th Street, Arran-Elderslie, ON offer?

Key property features include: School, Hospital, Rec./Commun.Centre, Library, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Water Heater Owned, Primary Bedroom - Main Floor, Storage.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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40 7th Street, Arran-Elderslie, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Arran-Elderslie, Arran-Elderslie

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 40 7th Street SW, Arran-Elderslie, ON N0G 1L0

Estimated Sales Range
$332,000 - $343,000

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.

Market Trend
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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,970 (30.0%)
* Minimum Canadian down payment required for this price is $17,495.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $244,930 over 30 years.
Purchase Price$349,900
Loan Amount$244,930
Provincial Land Transfer Tax:$3,724
Total Estimated Closing Taxes:$3,724

About Purchasing a Home in Arran-Elderslie, ON

For a property listed at $349,900 in Arran-Elderslie, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.

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Arran-Elderslie, Arran-Elderslie 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$577,471

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%

Best Schools in Arran-Elderslie, Arran-Elderslie

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Arran-Elderslie, Arran-Elderslie Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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