5 Palmer Marie Lane, Arran-Elderslie, ON N0G 1L0
Arran-Elderslie · Near 2nd Ave NW · View map
About this home
STUNNING UNIT PRICED TO SELL! Built in 2022, this beautifully designed accessible bungalow-style fourplex Life lease unit offers over 2,800 sq. ft. of living space on two levels, combining quality craftsmanship with comfortable, maintenance-free living. The main floor features a chef-inspired kitchen with custom maple cabinetry, quartz countertops, island/breakfast bar and pantry, plus an open-concept living and dining area. The primary bedroom boasts a private ensuite with a 4-ft. shower and soaker tub, while a second bedroom with walk-in closet, convenient main-floor laundry and a welcoming front porch complete the level. A stair lift provides access to the spacious lower level, featuring a large family room with walkout to a private patio, third bedroom, 3-piece bath, ample storage, utility room and cold room. In floor heating is available in the basement. Enjoy the outdoors from the upper deck or lower patio, along with an attached garage finished with easy-care Truscore panels and a concrete driveway with parking for two vehicles. With lawn care and snow removal included, this well-maintained Life Lease home offers an excellent opportunity to enjoy accessible, carefree living in an adult community. Call today for details!
The home
- Type
- Bungalow townhouse
- Style
- Bungalow
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 5
- Basement
- Partially Finished, Walk-Out
- Faces
- South
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stone
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Parking features
- Private Double
Taxes & other
- Property taxes
- $4,308/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- 2nd Ave NW
- Neighbourhood
- Arran-Elderslie
More
- Price per sq ft
- ~$368 (at 1,300 sq ft)
- MLS® number
- X14137636
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The home and its surroundings
- Air Exchanger
- Auto Garage Door Remote
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater Owned
- Deck
- Landscaped
- Porch
- Year Round Living
- 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.
5 Palmer Marie Lane, Arran-Elderslie, ON N0G 1L0
Arran-Elderslie · Near 2nd Ave NW
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Listing history for 5 Palmer Marie Lane
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.
Similar bungalows nearby
More bungalow-style homes for sale near Arran-Elderslie, picked by style, size and price.
Bungalow townhouse$434,9004 PALMER MARIE Lane, Arran-Elderslie2 bed · 2 bath · Arran-ElderslieCourtesy of: RE/MAX Grey Bruce Realty Inc.View home →
Semi-detached bungalow$495,000408 Alma Street, Arran-Elderslie2 bed · 2 bath · Arran-ElderslieCourtesy of: Wilfred McIntee & Co LimitedView home →
Bungalow$499,900101 Albert Street, Arran-Elderslie2 bed · 2 bath · Arran-ElderslieCourtesy of: Century 21 Millennium Inc.View home →
Bungalow$399,900SW - 83 3rd Street, Arran-Elderslie2 bed · 1 bath · Arran-ElderslieCourtesy of: Royal LePage D C Johnston RealtyView home →
Bungalow$349,90040 7th Street SW, Arran-Elderslie2 bed · 1 bath · Arran-ElderslieCourtesy of: Royal LePage Exchange Realty Co.View home →
Bungalow townhouse$489,9001 - 321 Arnaud Street, Arran-Elderslie1+2 bed · 3 bath · Arran-ElderslieCourtesy of: Royal LePage Exchange Realty Co.View home →
Bungalow$449,900112 8th Street S, Arran-Elderslie3 bed · 2 bath · Arran-ElderslieCourtesy of: RE/MAX Grey Bruce Realty Inc.View home →
Bungalow townhouse$439,9006 - 331 Arnaud Street, Arran-Elderslie1+2 bed · 3 bath · Arran-ElderslieCourtesy of: Royal LePage Exchange Realty Co.View home →Frequently asked questions about 5 Palmer Marie Lane
Answers come straight from this home’s MLS® listing.
How much is 5 Palmer Marie Lane listed for, and what would it cost each month?
5 Palmer Marie Lane is listed for $479,000. With 20% down ($95,800), the mortgage payment would be roughly $1,932 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,291 a month, all in. That figure is an illustration, not a quote.
Is 5 Palmer Marie Lane freehold or a condo, and is there a monthly fee?
5 Palmer Marie Lane is a bungalow townhouse 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.
How many bedrooms and bathrooms does 5 Palmer Marie Lane have?
5 Palmer Marie Lane has 2 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.
Does 5 Palmer Marie Lane have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 2 spaces. In total the listing counts 3 parking spaces.
Does 5 Palmer Marie Lane have a finished basement?
The listing describes the basement as partially finished, walk-out. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5 Palmer Marie Lane?
5 Palmer Marie Lane is a bungalow townhouse. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 5 Palmer Marie Lane?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 5 Palmer Marie Lane heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5 Palmer Marie Lane?
Property taxes are $4,308 a year (2025), or about $359 a month.
Where is 5 Palmer Marie Lane?
5 Palmer Marie Lane is in Arran-Elderslie. The nearest main intersection is 2nd Ave NW. The postal code is N0G 1L0.
Is 5 Palmer Marie Lane still for sale?
Yes. It is an active listing (MLS® X14137636). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 5 Palmer Marie Lane asking?
Similar bungalow-style homes for sale nearby right now include 4 PALMER MARIE Lane at $434,900 (2 bed), 408 Alma Street at $495,000 (2 bed) and 101 Albert Street at $499,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5 Palmer Marie Lane 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 5 Palmer Marie Lane?
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.
Courtesy of: Wilfred McIntee & Co Limited
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.