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408 Alma Street, Arran-Elderslie, ON N0G 2N0

2 beds · 2 baths · 1 kitchen · 8 rooms · 3 parking spaces · 1100-1500 sq ft · Semi-Detached
$509,000
Property tax
$3,101 / year

Interior photos coming soon! Welcome to easy, modern living in the charming Village of Paisley! This beautifully appointed 2-bedroom, 2-bathroom, stone semi-detached bungalow offers the perfect blend of quality craftsmanship, stylish finishes, and low-maintenance convenience. Designed with an inviting open-concept layout, the home features soaring 9-foot ceilings that enhance the bright, spacious feel throughout. The contemporary kitchen showcases custom cabinetry and flows effortlessly into the dining and living areas, creating the ideal space for entertaining or relaxing. A cozy gas fireplace adds warmth and ambiance, while the sunroom provides a peaceful retreat with walkout access to a private 12' x 17' deck-perfect for enjoying your morning coffee or summer evenings. The spacious primary suite offers a walk-in closet and a private ensuite, while a second bedroom and full bathroom provide comfortable accommodations for family or guests. In-floor heating throughout the home and attached garage ensures year-round comfort, complemented by a ductless heating and cooling system for added efficiency. Complete with an attached garage and concrete driveway, this move-in-ready home is an excellent choice for those looking to downsize without compromise, purchase their first home, or simply enjoy carefree living in a welcoming community. Ideally located just minutes from local shops, parks, schools, and the scenic Saugeen and Teeswater Rivers, 408 Alma Street is ready to welcome you home.

MLS number
X13638928
Type
Semi-Detached
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
N0G 2N0
Photos
7
37days · this listing
37days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Paisley Central School
Bluewater DSB
Elementary1.6 km6.2 / 10
62% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 525 people.

$78,500Median household income
81.6%Own their home
92.5%Detached houses
38.4Median age
4.6%Born outside Canada
4.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35410236 — the few blocks around this address, home to 525 people. It describes the area, not this property.

525Population
38.6Average age
2.6Household size
$84,000Average household income
$78,500Median household income
82%Own their home
18%Rent
0%Condominiums
5%Born outside Canada
5%University degree
$460,000Average home value
21%Low income
55%Not in the labour force
25%Never married
$5,000 to $9,9992%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9998%
$90,000 to $99,9994%
$100,000 and over25%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9998%
$200,000 and over4%

Percentages are of the 260 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$101,800 · minimum here is $25,900
$2,253.74per month
Borrowed before insurance$407,200
Total borrowed$407,200
Interest over 25 years at 4.5%$268,923

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$1,664.16per month out of pocket
Rent$848.00
Everything it costs to hold$2,512.16
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Wilfred McIntee & Co Limited. Listing data provided by the Toronto Regional Real Estate Board.