38 Market St is a 4-bedroom, 2-bathroom detached home in Arran-Elderslie, listed for $588,888. It has 2000-2500 sq ft of living space.
1Inside, the home balances historic integrity with everyday functionality.
2A highly desirable separate basement entry introduces significant versatility to the floor plan, providing immediate potential for an in-law suite, home office, or dedicated utility access.
Positioned just minutes from the coastal communities of Port Elgin, Southampton, and Kincardine, this moderized all brick classic blend offers a quiet retreat steeped in gorgeous architectural character. This traditional two-and-a-half-story Edwardian home is grounded by a rusticated stone foundation and a solid red brick exterior. The cross-gable roofline and deep, overhanging eaves frame a covered front porch designed for quiet mornings and evening relaxation. Inside, the home balances historic integrity with everyday functionality. Original solid wood doors and exceptionally large bedrooms preserve the property's early 20th-century charm, while a prominent main-floor picture window draws in abundant natural light. A highly desirable separate basement entry introduces significant versatility to the floor plan, providing immediate potential for an in-law suite, home office, or dedicated utility access. Experience the craftsmanship of a bygone era paired with the everyday convenience of living at the gateway to Bruce County's best amenities. Owned water heater, recent furnace, recent roof, 2008 Electrical Upgrade and Windows have all be replaced, Appliances 2025, Attic contains materials for finishing, seller *MAY* be willing to include. Basement Side Entrance is a major Plus!
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $294 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 38 Market St
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spaces
Basement
Development Potential
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Development Potential
Lot & land
Lot size (sqft)
11721.89
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
38 Market St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14080928$588,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Market St Compares to the Arran-Elderslie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,893
/mo
based on the purchase price of $588,888
$117,778 cash
$471,110 financed
$396,798 total interest
Principal54%$471,110
Interest46%$396,798
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Arran-Elderslie
Other 3–4 bed homes for sale in Arran-Elderslie around $589K.
Average days on market70Homes sold in about 70 days on average.
Sale-to-list ratio95.1%On average, homes sold below asking.
Active listings54Homes for sale here right now.
Median vs prior 90 days+10.0%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 26 sales from Jul 17 – Oct 15, 2026 (22 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 38 Market St
How much is 38 Market St listed for?
38 Market St is listed at $588,888 (MLS® X14080928). Summitly updates the price as soon as the MLS® record changes.
Is $588,888 a good price for 38 Market St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Arran-Elderslie. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Market St changed?
No — 38 Market St is still listed at its original asking price of $588,888.
How many bedrooms and bathrooms does 38 Market St have?
38 Market St has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Arran-Elderslie.
How much would the monthly mortgage be on 38 Market St?
About $2,893 a month — principal and interest on $588,888 with 20% down ($117,778), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 38 Market St compare with other homes in Arran-Elderslie?
Its asking price of $588,888 is about 20% above the median sold price in Arran-Elderslie over the last 90 days, $489,950, across 26 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Market St been sold before?
Summitly has no earlier MLS® sale or lease of 38 Market St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Market St?
38 Market St is in Arran-Elderslie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Market St been on the market?
38 Market St was listed today (October 15, 2026).
What is the price per square foot of 38 Market St?
About $236 to $294 per square foot: the asking price of $588,888 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 38 Market St have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 38 Market St have a basement, and is it finished?
The listing describes the basement as: Development Potential.
