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Arran-Elderslie, Arran-Elderslie
$399,900
Welcome to this charming 3-bedroom, 2-full-bath home ideally situated on a corner lot in a quiet Chesley neighbourhood. Lovingly maintained by the same family for over 40 years, this home offers a great combination of comfort, convenience and value, as this home is an excellent opportunity for first-time buyers looking to enter the market. The kitchen and bathrooms have been modernized, while the steel roof provides added peace of mind. With parking for two cars and a location within a short walk of downtown, the school and community centre, everyday amenities and community activities are right at your doorstep. Whether you're starting out or looking for an affordable move-in-ready home, this property is well worth a look!
No extras listed.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,000 |
| Lot Size | 47.03 ft x 86.06 ft |
| mls© Number | X13767306 |
| Listed By | RE/MAX Grey Bruce Realty Inc. |
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%
- $2,047
- Property tax
- $167
- Heat allowance
- $150
- Housing costs
- $2,364 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$73,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $79,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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