242 Main Street E, Shelburne, ON L0N 1S0
Shelburne · Near Main & James · View map
About this home
Two homes for the price of one! Discover an exceptional opportunity in Shelburne, where timeless century-home charm meets the comfort of a separate, modern laneway residence. With two distinct living spaces, a gated backyard and a three-car garage, this unique property offers flexibility for extended family, multigenerational living or rental income.The stately main home features five bedrooms and three bathrooms, with spacious principal rooms, large windows and beautiful stained glass throughout. Rich in character, this residence showcases the distinctive craftsmanship and delightful details that make century homes so special. Two porches and two balconies provide inviting spaces to enjoy your morning coffee or unwind at the end of the day. Two upper bedrooms even feature a "closet within a closet"-a charming detail you truly must see.A steel roof and newer boiler complement the home's period appeal, with heat delivered through ornate radiators. Outside, the gated backyard offers space to relax and gather, while the three-car garage provides generous parking and storage.Built in 2022, the completely separate laneway home offers two bedrooms, two bathrooms and comfortable modern living. A gas fireplace creates a welcoming atmosphere, central air provides summer comfort, and a private balcony overlooks the backyard. Thoughtful features include wider corridors to accommodate walkers and a stair lift to the upper level.Constructed with permits and final approvals, the laneway residence adds valuable versatility to this distinctive property. The current tenants would love to stay, offering an appealing option for buyers interested in continuing the rental arrangement.Whether you're drawn to the main home's architectural character, the newer residence's modern comforts or the possibilities of having two homes on one lot, 242 Main St E is a property that deserves a closer look. Book your showing and experience its charm, space and potential firsthand.
The home
- Type
- Detached home
- Style
- 2 1/2 Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 11
- Basement
- Development Potential, Full, Unfinished
- Lot size
- 58.5 x 148.5 ft
- Faces
- North
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 10
- Total parking
- 13
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $7,393/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Main & James
- Neighbourhood
- Shelburne
More
- Price per sq ft
- ~$312 (at 2,750 sq ft)
- MLS® number
- X14147448
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The home and its surroundings
- Accessory Apartment
- Fenced Yard
- Place Of Worship
- School
- School Bus Route
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
Schools nearby
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Your commute
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Listing history for 242 Main Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 242 Main Street E
Answers come straight from this home’s MLS® listing.
How much is 242 Main Street E listed for, and what would it cost each month?
242 Main Street E is listed for $859,000. With 20% down ($171,800), the mortgage payment would be roughly $3,465 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,081 a month, all in. That figure is an illustration, not a quote.
Is 242 Main Street E freehold or a condo, and is there a monthly fee?
242 Main Street E is a detached home in Shelburne. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 242 Main Street E have?
242 Main Street E has 5 bedrooms and 3 bathrooms. The listing gives the style as 2 1/2 storey.
Does 242 Main Street E have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 10 spaces. In total the listing counts 13 parking spaces.
Does 242 Main Street E have a finished basement?
The listing describes the basement as development potential, full, unfinished.
What style of home is 242 Main Street E?
242 Main Street E is a detached home. A detached home stands on its own lot with no shared walls.
How big is 242 Main Street E, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 58.5 x 148.5 ft.
How is 242 Main Street E heated and cooled?
Heating is radiant (gas). The listing does not show air conditioning.
What are the property taxes for 242 Main Street E?
Property taxes are $7,393 a year (2026), or about $616 a month.
Where is 242 Main Street E?
242 Main Street E is in Shelburne. The nearest main intersection is Main & James. The postal code is L0N 1S0.
Is 242 Main Street E still for sale?
Yes. It is an active listing (MLS® X14147448). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 242 Main Street E asking?
Similar properties for sale nearby right now include 317 Main Street E at $649,000 (4 bed), 314 Main Street E at $619,900 (4 bed) and 414 Main Street E at $619,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 242 Main Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 242 Main Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Shelburne, picked by style, size and price.
Detached home$649,000317 Main Street E, Shelburne4 bed · 3 bath · ShelburneCourtesy of: ROYAL LEPAGE RCR REALTYView home →
Detached home$619,900314 Main Street E, Shelburne4 bed · 3 bath · ShelburneCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
Detached home$619,000414 Main Street E, Shelburne4 bed · 3 bath · ShelburneCourtesy of: ROYAL HERITAGE REALTY LTD.View home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.