98 3rd Street photo 1

98 3rd Street

Arran-Elderslie / Arran-Elderslie, ON N0G 1L0

ActiveFor Sale
0 Beds
0 Baths
8,000 Sq Ft
1 Lot Sq Ft
Commercial

About This Property

Majestic historic seniors living residence in the quiet community of Chesley, conveniently located just 20 minutes from Lake Huron, Hanover, and Walkerton. Formerly operated as Parkview Manor, a 34-bed senior residence for over 50 years, the property presents a unique opportunity for a new owner to repurpose and reposition the asset. The original residence dates back to approximately 1860, with a concrete block addition constructed at a later date. While the interior has been modified to accommodate the former senior residence, original character remains, including stained glass, hardwood trim, and baseboards. The property also features a two-storey coach house. Situated on approximately 1.48 acres with 264 feet of frontage. Updates to the structure and interior are required. Excellent opportunity for redevelopment, adaptive reuse, or other potential uses, subject to municipal approvals. Survey and Phase I ESA available.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size8,000 sq ft
Lot Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeN0G 1L0
Last UpdatedAug 23, 2026 · 4:58 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13677426

Listed by COLLIERS

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$500,000

asking price

MLS®X13677426
TypeCommercial
CityArran-Elderslie
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,442

/month · $400,000 mortgage

Down Payment20% — $100,000
Interest Rate5.5%

Amortization

Total Interest

$332,470

Total Cost

$732,470

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

COLLIERS