For saleMLS® X13677426

98 3rd Street SE, Arran-Elderslie, ON N0G 1L0

Arran-Elderslie · Near 3rd St/2nd Ave SE · View map

$500,000
8000Sq ft
Commercial retailType
Double DetachedGarage
NoneParking
$22,149/yrTaxes
$500,000
FreeholdNo monthly condo fee
Double Detached garageFrom the listing
Lot 208 x 330 ftThe land comes with the home

About this home

Majestic historic seniors living residence in the quiet community of Chesley, conveniently located just 20 minutes from Lake Huron, Hanover, and Walkerton. Formerly operated as Parkview Manor, a 34-bed senior residence for over 50 years, the property presents a unique opportunity for a new owner to repurpose and reposition the asset. The original residence dates back to approximately 1860, with a concrete block addition constructed at a later date. While the interior has been modified to accommodate the former senior residence, original character remains, including stained glass, hardwood trim, and baseboards. The property also features a two-storey coach house. Situated on approximately 1.48 acres with 264 feet of frontage. Updates to the structure and interior are required. Excellent opportunity for redevelopment, adaptive reuse, or other potential uses, subject to municipal approvals. Survey and Phase I ESA available.

The home

Type
Commercial retail
Square footage
8000 sq ft
Lot size
208 x 330 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Propane Gas
Air conditioning
Partial

Garage & parking

Garage
Double Detached
Total parking
None

Taxes & other

Property taxes
$22,149/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
3rd St/2nd Ave SE
Neighbourhood
Arran-Elderslie

More

MLS® number
X13677426

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$3,863per month, all in
  • Mortgage
  • Property tax

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    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.

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    98 3rd Street, Arran-Elderslie, ON N0G 1L0

    Arran-Elderslie · Near 3rd St/2nd Ave SE

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    Sold history

    Listing history for 98 3rd Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 98 3rd Street SE

    Answers come straight from this home’s MLS® listing.

    How much is 98 3rd Street SE listed for, and what would it cost each month?

    98 3rd Street SE is listed for $500,000. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,863 a month, all in. That figure is an illustration, not a quote.

    Is 98 3rd Street SE freehold or a condo, and is there a monthly fee?

    98 3rd Street SE is a commercial retail in Arran-Elderslie. 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.

    Does 98 3rd Street SE have a garage and parking?

    Yes. The listing shows the garage as double detached. The listing does not include a parking space.

    What style of home is 98 3rd Street SE?

    98 3rd Street SE is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 98 3rd Street SE, and what is the lot size?

    The lot is listed as 208 x 330 ft.

    How is 98 3rd Street SE heated and cooled?

    Heating is propane gas. Cooling is partial.

    What are the property taxes for 98 3rd Street SE?

    Property taxes are $22,149 a year (2025), or about $1,846 a month.

    Where is 98 3rd Street SE?

    98 3rd Street SE is in Arran-Elderslie. The nearest main intersection is 3rd St/2nd Ave SE. The postal code is N0G 1L0.

    Is 98 3rd Street SE still for sale?

    Yes. It is an active listing (MLS® X13677426). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 98 3rd Street SE asking?

    Similar properties for sale nearby right now include 20 & 22 2nd Street at $549,900, 428 Queen Street S at $649,000 and 62 YONGE Street N at $650,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 98 3rd 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 98 3rd Street SE?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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