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For saleListed Oct 30MLS® X12489454

5 - 5 Palmer Marie Lane, Arran-Elderslie, ON N0G 1L0

Arran-Elderslie · Near 2nd Ave NW · View map

$499,900
2+1Beds
3Baths
1100–1500Sq ft
Bungalow townhouseType
Attached · 1 spaceGarage
3 totalParking
Partially Finished, Walk-OutBasement
$4,308/yrTaxes
Call / Text Will
$499,900
FreeholdNo monthly condo fee
Attached garage3 parking spaces in total
Walk-out basementIts own way outside
Newer homeUp to 5 years old
Central airCool all summer

About this home

Welcome to 5 Palmer Marie Lane! This exceptional, accessible bungalow(4 plex) with over 2800 sq. ft. of living space on 2 levels with a walk out basement, is a perfect blend of comfort, style, and functionality. Built in 2022, this home boasts quality workmanship and design. On the main level, you'll find a chef-inspired kitchen with custom maple cabinets, an island/ breakfast bar, quartz countertops and pantry. The open-concept dining and living area provide a spacious warm and welcoming space. The primary bedroom is a private retreat with ensuite having a 4 ft. shower and soaker tub, while the second bedroom with walk in closet is perfect for guests or a home office. Laundry is conveniently located on the main level but could be relocated to the basement. With a STAIR LIFT to the lower level accessibility allows you to create an in law suite or enjoy it yourself with a large family room with a walk out to a private patio, a third bedroom and 3-piece bath as well as a huge storage room, utility room and cold room. Enjoy the outdoors from the front porch, upper deck, or lower patio. The attached garage is generous and lined in easy care Truss Core. Concrete driveway for 2 vehicles. Maintenance-free living is at its finest, with snow removal and lawn care taken care of for you. This well-maintained, worry-free Life Lease home is the answer to carefree living in an adult community. Call for details today!

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
~$385 (at 1,300 sq ft)
Listed
Oct 30, 2025 · 346 days ago
MLS® number
X12489454

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
Want to know something that isn’t listed?
Estimated monthly cost$2,375per month, all in
  • Mortgage
  • Property tax

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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    5 Palmer Marie Lane, Arran-Elderslie, ON N0G 1L0

    Arran-Elderslie · Near 2nd Ave NW

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    Sold history

    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 townhouse.

    Questions & answers

    Frequently asked questions about 5 - 5 Palmer Marie Lane

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

    How much is 5 - 5 Palmer Marie Lane listed for, and what would it cost each month?

    5 - 5 Palmer Marie Lane is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,375 a month, all in. That figure is an illustration, not a quote.

    Is 5 - 5 Palmer Marie Lane a freehold or a condo townhouse, and is there a monthly fee?

    5 - 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 - 5 Palmer Marie Lane have?

    5 - 5 Palmer Marie Lane has 2 bedrooms, plus 1 more bedroom in the basement, and 3 bathrooms.

    Does 5 - 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 - 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.

    How big is 5 - 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 - 5 Palmer Marie Lane heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 5 - 5 Palmer Marie Lane?

    Property taxes are $4,308 a year (2025), or about $359 a month.

    Where is 5 - 5 Palmer Marie Lane?

    5 - 5 Palmer Marie Lane is in Arran-Elderslie. The nearest main intersection is 2nd Ave NW. The postal code is N0G 1L0.

    How long has 5 - 5 Palmer Marie Lane been on the market?

    5 - 5 Palmer Marie Lane was listed on October 30, 2025. It has been on the market for 346 days. It is an active listing (MLS® X12489454). Listings here update from the board through the day and come down once a home sells.

    What are similar townhouses near 5 - 5 Palmer Marie Lane asking?

    Similar townhouses for sale nearby right now include 2 - 2 Palmer Marie Lane at $449,900 (2 bed), 4 PALMER MARIE Lane at $434,900 (2 bed) and Unit 1 - 321 Arnaud Street at $508,000 (3 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 - 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 647-619-2256.

    Have a different question? Ask about this townhouse 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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