3 Elora Street, Mapleton, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rural Mapleton. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 100 x 132.13 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
Welcome to the heart of Alma - where small-town charm meets endless opportunity. Situated on a prominent corner lot in one of Mapleton Township's most welcoming communities, this beautifully versatile property offers the perfect blend of residential comfort with exciting commercial potential through desirable C1 zoning.The warm and inviting 3-bedroom home is ideal for families, entrepreneurs, investors, or those dreaming of a live/work lifestyle. Whether you envision a charming residence, boutique business, professional office, studio space, or future redevelopment opportunity, this property offers flexibility rarely found in today's market. Inside, enjoy a comfortable and functional layout with important updates already completed, including forced air heating, updated ductwork and furnace, and a newer roof (2018) - bringing peace of mind and everyday comfort. Outside, the detached 18' x 24' garage and expansive parking for up to 12 vehicles provide exceptional convenience for family living, recreational use, client parking, home-based business needs, or future expansion possibilities. Located steps from the community skating rink, community centre, and public school, this property embraces the true feel of village living while remaining conveniently connected to Fergus, Elora, Guelph, Waterloo, Kitchener, and Orangeville for easy commuting.Surrounded by local businesses, community spirit, and growing opportunity, this is more than just a property, it's a chance to create the lifestyle, business, or future you've been dreaming about.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Public Transit, School, Fenced Yard
Interior Features
Carpet Free
Security Features
None
Community Features
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 3 Elora Street N, Mapleton, ON N0B 1A0
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 Mapleton, ON
For a property listed at $499,000 in Mapleton, the legal minimum down payment is $24,950 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 $6,455 for this transaction. As this listing is in Mapleton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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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.