242 Main Street E, Shelburne, ON L0N 1S0
Shelburne, ON L0N 1S0
Quick cost estimateKnown monthly subtotal$4,612.83 / monthLand transfer tax $13,655One-time estimate
Quick cost estimate
$4,612.83 / monthKnown monthly subtotal
- Mortgage principal & interest
- $3,996.79
- Property tax / month
- $616.04
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $13,655
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $13,655
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
Two homes for the price of one! Discover an exceptional opportunity in Shelburne, where timeless century-home charm meets the comfort of a separate, modern laneway residence. With two distinct living spaces, a gated backyard and a three-car garage, this unique property offers flexibility for extended family, multigenerational living or rental income.The stately main home features five bedrooms and three bathrooms, with spacious principal rooms, large windows and beautiful stained glass throughout. Rich in character, this residence showcases the distinctive craftsmanship and delightful details that make century homes so special. Two porches and two balconies provide inviting spaces to enjoy your morning coffee or unwind at the end of the day. Two upper bedrooms even feature a "closet within a closet"-a charming detail you truly must see.A steel roof and newer boiler complement the home's period appeal, with heat delivered through ornate radiators. Outside, the gated backyard offers space to relax and gather, while the three-car garage provides generous parking and storage.Built in 2022, the completely separate laneway home offers two bedrooms, two bathrooms and comfortable modern living. A gas fireplace creates a welcoming atmosphere, central air provides summer comfort, and a private balcony overlooks the backyard. Thoughtful features include wider corridors to accommodate walkers and a stair lift to the upper level.Constructed with permits and final approvals, the laneway residence adds valuable versatility to this distinctive property. The current tenants would love to stay, offering an appealing option for buyers interested in continuing the rental arrangement.Whether you're drawn to the main home's architectural character, the newer residence's modern comforts or the possibilities of having two homes on one lot, 242 Main St E is a property that deserves a closer look. Book your showing and experience its charm, space and potential firsthand.
Home details
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- X14147448
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 3
- Postal code
- L0N 1S0
- Kitchens
- 1
- Kitchens above grade
- 1
- Family room / den
- Yes
- Interior size (reported range)
- 2500-3000
- Lot size
- < .50 acres (reported range)
- Lot depth
- 148.50 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 13
- Occupancy
- Owner
- Possession type
- 60-89 days
- Garage
- Detached
- Annual property tax
- 7392.5
- Basement
- Development Potential, Full, Unfinished
- Interior features
- Accessory Apartment
- Architectural style
- 2 1/2 Storey
- Parking features
- Private Triple
- Pool features
- None
- Fireplace
- Yes
- Waterfront
- No
- Garage available
- Yes
- Attached garage
- No
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
- Sewer
- Sewer
- Direction facing
- North
- Construction materials
- Brick, Stone
- Roof
- Metal
- Foundation
- Concrete
- MLS entry age (not confirmed DOM)
- 2 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Radiant
- Heating fuel
- Gas
- Cooling
- None
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 5
- Rooms above grade
- 11
- Rooms below grade
- 1
- Total rooms (source)
- 11
- Den / family room reported
- Yes
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $859,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Shelburne
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
242 Main Street E, Shelburne, ON L0N 1S0, Shelburne is listed for sale as a Detached. The listing reports 5 bedrooms, 3 bathrooms, reported interior area of 2500-3000 (units not reported), kitchens reported as 1, parking spaces reported as 13, lot size reported as < .50 acres (reported range). Asking price: $859,000. Occupancy is reported as Owner. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X14147448.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX REAL ESTATE CENTRE INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14147448. Information deemed reliable but not guaranteed.