$779,000
Centre Wellington
273 Colborne Street, Centre Wellington (Elora/Salem), Ontario, N0B1S0
This 4-bedroom, 2-bathroom home in Centre Wellington is for sale offering roughly 1,300 sq ft of space. Listed at $779,000, it is attractively priced about 18% below the $949,990 median asking price in Centre Wellington. It has been on the market 18 days, fresher than the Centre Wellington average of 56 days.
Welcome to 273 Colborne Street, where comfort, space, and small-town charm come together in the picturesque community of Elora. Situated on a generous 83-foot-wide lot, this beautifully maintained bungalow offers a functional and versatile layout suited to a variety of lifestyles. Step inside to a bright and inviting open-concept main floor, thoughtfully designed for both everyday living and entertaining. The spacious kitchen features abundant cabinetry and counter space, seamlessly connecting to the dining and living areas to create a warm and welcoming atmosphere. Three generously sized bedrooms complete the main level, each offering convenient built-in storage. The finished lower level provides even more flexibility, featuring a newly renovated bathroom and plenty of room for a potential fourth bedroom, home office, recreation room, fitness area, or guest retreat. Additional storage throughout adds to the home's practicality and appeal. Outside, the expansive backyard offers endless possibilities for entertaining, gardening, family activities, or simply relaxing and enjoying the outdoors. Ideally located just minutes from the heart of downtown Elora, you'll enjoy easy access to charming boutiques, local cafés, exceptional restaurants, scenic trails, and popular attractions such as the Elora Gorge and Elora Mill. Convenient access to Guelph and Waterloo Region adds to the appeal of this desirable location. Offering space, versatility, and an incredible lifestyle in one of Ontario's most charming communities, 273 Colborne Street is a wonderful place to call home. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 18 days on market, against an average age of 56 days across the listings currently for sale in this city
This 4-bed single family in Centre Wellington (Elora/Salem) has been listed for 18 days, which is 38 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $779,000, about 6.5× the local median household income of $120,000.
Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 27% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.