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Listed 22 days ago

307 1st Avenue S

Arran-Elderslie, Arran-Elderslie

$679,000

Detached|Bungalow
2 | 3 | 4
About this home

Welcome to this freshly built custom home in the heart of Chesley, completed in 2024 and backed by a seven year Tarion warranty. The main level centers on a bright, open-concept layout where the living room, kitchen, and dining area flow together seamlessly-ideal for family life and easy entertaining. The primary bedroom offers a walk-in closet and a stylish three-piece ensuite featuring a large soaker tub. A second bedroom, a full four-piece bathroom, convenient main-floor laundry, and a practical mudroom complete this level. Downstairs, the fully finished basement adds valuable living space with an additional bedroom and a three-piece bathroom-perfect for guests, older children, or a possible in law suite. Just steps away from the school, you'll enjoy close proximity to many amenities and one of the finest parks in Grey and Bruce County, along with all the small-town charm that makes this community so appealing. HST is already included in the purchase price, giving you clear, straightforward ownership of a modern residence designed for comfortable everyday living. Move in ready, warrantied, and thoughtfully designed-this is a rare opportunity to own a brand-new home in a desirable location.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNew
Size1100-1500 sq. ft.
Property Tax$274
Lot Size69.69 ft x 230 ft
mls© NumberX13694176
Listed ByVantage Point Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,475
Property tax
$23
Heat allowance
$150
Housing costs
$3,648 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,800
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,857 / mo
Cash down
$135,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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