296 Inkerman Street, Arran-Elderslie, ON

$695,000
MLS#:X11922368
6 beds
3 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Arran-Elderslie. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $695,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 42.5 x 87 ft lot
  • Features a ["walk-up", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Storage, Upgraded Insulation, Water Heater Owned
  • equipped with ["wall unit(s)"] central cooling and highly efficient water heating via gas

Lovely investment property that is solid and up to date with numerous improvements since 2011 including new roof membrane 2024, New Boiler and 3 hot water heaters in 2023, Apt 3 entrance roof and new concrete pad in 2022, Apt 1 new side entrance, facia soffit and gutters in 2020, new attic and basement ceiling insulation 2014, driveway paved and all new double hung windows in 2012, all exterior doors replaced in 2011, with ongoing maintenance including fresh paint as convenient to do so. Excellent ceiling height in the basement which is used for extra storage and houses the utilities with expansion possible up to the third floor attic from Apt 3. Property is easy to maintain and has a security system in place. Situated just 1 block away from both Village amenities, the lovely Rotary Park and the Saugeen River, this property provides an excellent quality of life for its tenants. The Village of Paisley is growing and has all needful amenities except perhaps a dentist. 15 to 20 minute drive to the sandy beaches of Lake Huron or larger chain stores. 25 minutes tops to Bruce Power (22 kms to the Bruce Power Visitor Centre). With rentals being a strong component in the future of housing, this is your opportunity to own this architectural beauty that will look just as good for another century +. Please allow a minimum of 24 hours notice for showings out of consideration for the tenants. Utility costs are provided in Remarks for Brokerages to share with clients. **EXTRAS** Security system as negotiated, tools in landlord room also negotiable.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
3
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 28, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size42.5 × 87 Feet
CountyBruce
Annual Tax$4,422
Legal DescriptionPT LT 3 PL 255 (SUBDIVISION OF LT 21N AND LT 21S W/S ALBERT ST S PL 12) AS IN R317338; S/T R317338 MUNICIPALITY OF ARRAN-ELDERSLIE

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Wall Unit(s)"]

Features

Property Features

Arts Centre, Park, Rec./Commun.Centre, River/Stream, School, Place Of Worship

Community Features

Location

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296 Inkerman Street, Arran-Elderslie, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 296 Inkerman Street, Arran-Elderslie, ON N0G 2N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$556,000
Monthly Mortgage$3,231
Property Tax (Est.)$369
Utilities & Maint.$350
Total Monthly Cost$3,950

Strategic Fiscal Clarity

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