538 Queen Street
Arran-Elderslie, ON
- 6 bed
- 5 bath
- approx. 3500-5000 sqft
- Detached
- 47 days on market
This incredible Victorian home is filled with history showcasing stunning architecture, regal finishes & details throughout, including 4 original marble fireplace showpieces! The majestic solid brick home was built in 1880 and welcomes you into it's grand foyer with soaring, 11.5' ceilings and a beautiful staircase, the traditional parlour and part of what once was a lavish ballroom, now used for formal dining. Beyond that, the back living quarters houses the home's kitchen, a main floor bedroom, den, office & 4pc.bath which could easily be converted into a sizeable in law suite. Ideally set up for it's previous vocation as a beautiful bed & breakfast, the second floor provides an additional 4 bedrooms, 2 with their own ensuites, and a spacious 4 pc. bath, while the third floor offers a private and fully functional loft with yet another spacious bedroom and 3 pc. ensuite, and a sitting room overlooking the south side of the property, reminiscent of a turret in castle. The unfinished, yet dry, full basement offers a cold room, workbench and endless storage with possibilities for a games room and more! Outside, this impressive 1.45 acre property features a huge 52' x 62' shop with attached carriage house and endless possibilities and a long, paved driveway with tons of parking availability. The yard is beautifully treed providing privacy and shade as well as room to roam and enjoy!! Surrounded by the peaceful village of Paisley where the Saugeen & Teeswater Rivers meet, kayaking, trails and unique shops invite you to be a tourist in your own hometown, you will not want to miss your chance for this incredible, historical property. Historical designation not in place. Central vac, Generac generator, natural gas boiler, radiant heat, water softener & water heater owned.
Listing Details
- Taxes (2026)
- $6,641
- Listed
- August 3, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Age
- 100+
- Construction
- Brick, Metal/Steel Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Stone
- Interior
- Accessory Apartment, Central Vacuum, Generator - Partial, Guest Accommodations, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned, Water Softener, Workbench
- Lot Size
- 206.76 x 310.88 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 6
- Total Parking
- 20
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Orchard Street/Queen Street
- Zoning
- R1
- Parcel Number
- 332420078
- Possession
- 60-89 days
- Occupancy
- Vacant
Included
- Inclusions
- 3rd Floor Furniture, Round Bed, Piano, Kitchen Appliances, Washer & Dryer, Window Coverings, Misc. Furniture as negotiated.
- Exclusions
- Fridge & Stove in Basement, Main Floor Bedroom Furnishings & Seller's belongings.
- Rental Items
- None.
Schools
Elementary
- Paisley Central School0.3 km
Public · Bluewater DSB · 185 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 53% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N0G
- Population
- 86,935
- Private dwellings
- 35,896
- Median age
- 40.8
- Average household size
- 2.6
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Arran-Elderslie · last 12 months
- Median sold price
- $462,000
- Homes sold
- 72
- Median days on market
- 44
- Sale-to-list price
- 95.4%
Based on 72 recorded sales of residential freehold properties in Arran-Elderslie over the last 12 months.
Rooms
4-piece on Main, 3-piece on Second, 3-piece on Second, 4-piece on Second, 3-piece on Third
Second
- Bathroom14'5" x 8'10"
- Bedroom14'9" x 13'1"
- Bedroom 214'1" x 14'9"
- Bedroom 315'5" x 12'6"
- Bedroom 414'9" x 16'5"
Main
- Bathroom5'11" x 7'10"
- Bedroom14'9" x 13'5"
- Den19'4" x 11'10"
- Dining Room16'9" x 16'5"
- Foyer26'11" x 7'10"
- Great Room13'11" x 37'5"
- Kitchen14'1" x 12'10"
- Laundry15'1" x 5'11"
- Living Room15'1" x 12'6"
- Office14'9" x 9'2"
- Sunroom24'7" x 5'7"
Basement
- Cold Room/Cantina7'10" x 7'5"
- Furnace Room16'6" x 16'1"
- Other13'1" x 13'9"
- Other11'6" x 14'9"
Listed by
Coldwell Banker Peter Benninger Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$177,600
Estimated Monthly Payment
$4,362
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,362/mo (20% down, 5.5%)
Taxes: $553/mo · Insurance: $222/mo
Estimates only. Consult a financial advisor.
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