4 Palmer Marie Lane is a 2-bedroom, 2-bathroom townhouse in Arran-Elderslie, listed for $434,900. It has 1100-1500 sq ft of living space.
1The spacious primary bedroom includes a walk-in closet and private 3-piece ensuite, while the second bedroom provides flexible space for guests, office, hobby room, or TV room.
2The attached oversized garage is finished with Trusscore for a clean, durable look, and the double concrete driveway provides parking for 3 vehicles.
Experience modern, worry-free living in this beautifully finished 1,248 sq. ft. life lease unit. Built in 2022 and thoughtfully designed for comfortable one-level living. The bright, open-concept layout seamlessly connects the kitchen, dining, and living areas, filled with natural light from large windows and high quality window coverings. The stunning kitchen features maple cabinetry, quartz countertops, and a sleek backsplash, offering both style and function. The spacious primary bedroom includes a walk-in closet and private 3-piece ensuite, while the second bedroom provides flexible space for guests, office, hobby room, or TV room. There is a large 4-piece bathroom with laundry room. Enjoy year-round comfort with in-floor heating and ductless air conditioning. The attached oversized garage is finished with Trusscore for a clean, durable look, and the double concrete driveway provides parking for 3 vehicles. Utility room off garage provides ample storage. Step outside to a large concrete inviting patio with view of open green space - the perfect place to enjoy a quiet morning coffee or a private outdoor retreat. Gas hookup installed and ready for your BBQ this summer. Located in a quiet retirement community in Chesley, this life lease unit offers quality, comfort, and peace of mind with snow removal and lawn maintenance included. A wonderful opportunity for low-maintenance living in a welcoming vibrant community!
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $395 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 4 Palmer Marie Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Lot size
x 0
Parking
3 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
None
Lot & land
Lot dimensions
x 0
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Att/Row/Townhouse
4 Palmer Marie Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$2,137
/mo
based on the purchase price of $434,900
$86,980 cash
$347,920 financed
$293,040 total interest
Principal54%$347,920
Interest46%$293,040
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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Similar homes for sale nearby in Arran-Elderslie
Other 1–2 bed homes for sale in Arran-Elderslie around $435K.
Average days on market66Homes sold in about 66 days on average.
Sale-to-list ratio94.8%On average, homes sold below asking.
Active listings51Homes for sale here right now.
Median vs prior 90 days−2.1%Compared with May 15 – Aug 13, 2026: prices down.
Based on 35 sales from Aug 13 – Nov 11, 2026 (20 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4 Palmer Marie Lane
How much is 4 Palmer Marie Lane listed for?
4 Palmer Marie Lane is listed at $434,900 (MLS® X13157098). Summitly updates the price as soon as the MLS® record changes.
Is $434,900 a good price for 4 Palmer Marie Lane?
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 4 Palmer Marie Lane changed?
Yes — it was first listed at $439,900 and is now $434,900, a drop of $5,000 (1.1%).
How many bedrooms and bathrooms does 4 Palmer Marie Lane have?
4 Palmer Marie Lane has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a townhouse in Arran-Elderslie.
How much would the monthly mortgage be on 4 Palmer Marie Lane?
About $2,137 a month — principal and interest on $434,900 with 20% down ($86,980), 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 4 Palmer Marie Lane compare with other homes in Arran-Elderslie?
Its asking price of $434,900 is about 2% below the median sold price in Arran-Elderslie over the last 90 days, $445,000, across 35 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 4 Palmer Marie Lane been sold before?
Summitly has no earlier MLS® sale or lease of 4 Palmer Marie Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4 Palmer Marie Lane?
4 Palmer Marie Lane is in Arran-Elderslie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4 Palmer Marie Lane been on the market?
174 days — 4 Palmer Marie Lane was listed on May 21, 2026.
What is the price per square foot of 4 Palmer Marie Lane?
About $290 to $395 per square foot: the asking price of $434,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 4 Palmer Marie Lane have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 4 Palmer Marie Lane have a basement, and is it finished?
The listing says 4 Palmer Marie Lane has no basement.