279 1ST AVE AVENUE S, Arran-Elderslie

$337,500

For sale: Detached

Detached at 279 1ST AVE AVENUE S, Arran-Elderslie
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13819262
Neighbourhood
Arran-Elderslie

A rare opportunity to step into a spacious yellow brick century home in the heart of Chesley.Built in 1910 and set on a mature lot measuring approximately 70 feet by 143 feet, this 4 bedroom, 2 bathroom home offers approximately 2,435 square feet above grade, giving buyers the kind of space, character, and flexibility that is increasingly hard to find at this price point.From the classic yellow brick exterior to the covered front entry, generous room sizes, and large newer rear deck, this home offers the chance to create something truly personal over time. The layout provides room for everyday living, hosting, working from home, or simply spreading out in a way that newer, smaller homes often do not allow.The backyard offers a surprising sense of privacy, with mature greenery, room to garden, space to entertain, and a large deck that extends the living area outdoors. The opportunity here is easy to understand. Located on the south end of Chesley's main street, the property is close to the hospital, parks, arena, schools, shops, and downtown conveniences, while still offering the lot size and outdoor space of an established residential property.For buyers looking for space, history, privacy, and long term potential, 279 1st Ave South is worth a closer look.

Sold data

Detached homes in Arran-Elderslie — recent sold market

Detached homes in Arran-Elderslie took a median of 54 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 92, across 66 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.

The median sale price was $474,000.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 38% of sellers reduced their price before finding a buyer.

Median days to sell
55
Median sale price
$474,000
Sale-to-list ratio
96.1%
Sold above asking
5%

Based on 66 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 279 1ST AVE AVENUE S