89 3rd Street, Arran-Elderslie, ON

$399,000
MLS#:X12436629
2 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 Storey/Apt detached located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 48.53 x 105.05 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 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 gas

Description

Located on a quiet street, just 2 blocks from the downtown core of Chesley, this home is ideal for a family just starting out, or those looking to downsize. The property itself has a partially fenced rear yard, with mature trees to provide both shade and privacy. The paved lane leads to the attached garage that extends behind the home to allow additional space for tools or seasonal items. Inside the home, open concept kitchen/dining/living room provides a great entertaining space. There is also an formal living room at the front of the home, that could become a third bedroom if needed. There are 2 bedrooms, one that attached to main bathroom. Updates recently are plenty in this home including the roof, windows and doors, furnace and A/C, kitchen cabinets and bathroom, all the big ticket items are done. Laundry on the main floor as well ensures simple and easy 1 floor living. Well maintained in the past, this home is ready for a new chapter.

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Property Summary

This detached home located at 89 3rd Street, Arran-Elderslie is currently for sale and has been available on SousaSells for 285 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 89 3rd 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
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 19, 2026
Sold price information is available to members only
Listed Date10/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 Storey/Apt
ConstructionBrick
BasementFull, Unfinished
Lot Size48.53 × 105.05 Feet
CountyBruce
Annual Tax$2,100
Legal DescriptionPT LT 111 PL 132 AS IN R232385 MUNICIPALITY OF ARRAN-ELDERSLIE

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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89 3rd 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 89 3rd Street SW, 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.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$595,450

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.