$479,000

For saleJust listed

5 Palmer Marie Lane, Arran-Elderslie - Single Family for Sale

5 Palmer Marie Lane, Arran-Elderslie, Ontario, N0G1L0

3 beds3 baths3 parking1,300 ft²Listed 2 days ago

Overview

This 3-bedroom, 3-bathroom home in Arran-Elderslie is for sale offering roughly 1,300 sq ft of space. Its $479,000 asking price sits right in line with the $499,000 median in Arran-Elderslie. It has been on the market 2 days, fresher than the Arran-Elderslie average of 94 days.

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Description

STUNNING UNIT PRICED TO SELL! Built in 2022, this beautifully designed accessible bungalow-style fourplex Life lease unit offers over 2,800 sq. ft. of living space on two levels, combining quality craftsmanship with comfortable, maintenance-free living. The main floor features a chef-inspired kitchen with custom maple cabinetry, quartz countertops, island/breakfast bar and pantry, plus an open-concept living and dining area. The primary bedroom boasts a private ensuite with a 4-ft. shower and soaker tub, while a second bedroom with walk-in closet, convenient main-floor laundry and a welcoming front porch complete the level. A stair lift provides access to the spacious lower level, featuring a large family room with walkout to a private patio, third bedroom, 3-piece bath, ample storage, utility room and cold room. In floor heating is available in the basement. Enjoy the outdoors from the upper deck or lower patio, along with an attached garage finished with easy-care Truscore panels and a concrete driveway with parking for two vehicles. With lawn care and snow removal included, this well-maintained Life Lease home offers an excellent opportunity to enjoy accessible, carefree living in an adult community. Call today for details! (id:66096)

Property Details

MLS®: X14137636
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Storeys: 1
Style: Bungalow
Basement: Partially finished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,307.93/yr
Listed: 2 days ago

Rooms

Main level

Kitchen: 4.9 x 3.8 meters
Dining room: 4.8 x 2.2 meters
Living room: 4.8 x 6.2 meters
Primary Bedroom: 4.5 x 3.7 meters
Bedroom: 3.3 x 3.3 meters
Bathroom: 1.8 x 1.7 meters
Bathroom: 3 x 2 meters

Basement

Utility room: 4.9 x 4.7 meters
Cold room: 4.9 x 2.1 meters
Bathroom: 2.2 x 3 meters

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Microwave, Window Coverings, Garage door opener remote(s), Water Heater
Foundation: Poured Concrete
Exterior: Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Arran-Elderslie listings, avg age

94d

Price / ft²

$368

List price

$479K

Haho

This 3-bed single family in Arran-Elderslie has been listed for 2 days, which is 92 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Wilfred McIntee & Co Limited · JOAN STEWART

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $479,000, about 5.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$479,000· $368/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$359/mo

Total monthly$2,882

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$6,055

Est. closing costs$3,937

Total cash needed$33,942

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