



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$337,500
Arran-Elderslie
279 1st Ave Avenue South, Arran-Elderslie, Ontario, N0G1L0
This 5-bedroom, 2-bathroom home in Arran-Elderslie is for sale offering roughly 2,250 sq ft of space. Listed at $337,500, it is attractively priced about 32% below the $499,000 median asking price in Arran-Elderslie. It has been on the market 42 days, fresher than the Arran-Elderslie average of 94 days.
A rare opportunity to step into a spacious yellow brick century home in the heart of Chesley.Built in 1910 and set on a mature lot measuring approximately 70 feet by 143 feet, this 4 bedroom, 2 bathroom home offers approximately 2,435 square feet above grade, giving buyers the kind of space, character, and flexibility that is increasingly hard to find at this price point.From the classic yellow brick exterior to the covered front entry, generous room sizes, and large newer rear deck, this home offers the chance to create something truly personal over time. The layout provides room for everyday living, hosting, working from home, or simply spreading out in a way that newer, smaller homes often do not allow.The backyard offers a surprising sense of privacy, with mature greenery, room to garden, space to entertain, and a large deck that extends the living area outdoors. The opportunity here is easy to understand. Located on the south end of Chesley's main street, the property is close to the hospital, parks, arena, schools, shops, and downtown conveniences, while still offering the lot size and outdoor space of an established residential property.For buyers looking for space, history, privacy, and long term potential, 279 1st Ave South is worth a closer look. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 42 days on market, against an average age of 94 days across the listings currently for sale in this city
This 5-bed single family in Arran-Elderslie has been listed for 42 days, which is 52 days fresher than the city average of 94. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $337,500, about 4.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $65,926 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice