$349,900
Arran-Elderslie
40 7th Street Southwest, Arran-Elderslie, Ontario, N0G1L0
This 2-bedroom, 1-bathroom home in Arran-Elderslie is for sale offering roughly 900 sq ft of space. Listed at $349,900, it is attractively priced about 30% below the $499,000 median asking price in Arran-Elderslie. It has been on the market 16 days, fresher than the Arran-Elderslie average of 94 days.
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. Taxes include water, sewer and garbage. 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. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 94 days across the listings currently for sale in this city
This 2-bed single family in Arran-Elderslie has been listed for 16 days, which is 78 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 $349,900, about 4.2× the local median household income of $83,000.
Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
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