$1,100,000

For sale

3 Torrance Lane, Centre Wellington (Belwood) - Single Family for Sale

3 Torrance Lane, Centre Wellington (Belwood), Ontario, N0B1J0

3 beds2 baths8 parking1,750 ft²154 × 255 ft (39,265 sq ft) lot sizeListed 25 days ago

Overview

This 3-bedroom, 2-bathroom home in Centre Wellington is for sale offering roughly 1,750 sq ft of space. It has been on the market 25 days, fresher than the Centre Wellington average of 52 days.

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Description

Welcome home where peaceful country living meets the timeless beauty and charm of Centre Wellington. Tucked away in the quiet community of Belwood, this custom-built 3-bedroom, 2-bath bungalow offers privacy and endless possibilities. Set on an impressive corner lot, the home is filled with natural light, featuring an open-concept design, soaring 11-foot ceilings and expansive windows. Beautiful craftsmanship shines throughout, hardwood floors, graceful arch entryways and oversized trim. Outside, imagine summer afternoons boating or fishing on Belwood Lake, exploring the Elora Cataract Trailway, discovering the Grand River, or simply enjoying a quiet morning on your expansive backyard deck. With almost 3/4 an acre to make your own, there's room to garden, entertain, play and create the backyard you've always imagined. A short drive to Fergus and charming Elora, this is a chance to embrace a slower, more beautiful pace of life with room to breathe, dream and truly feel at home. (id:66096)

Property Details

MLS®: X13884362
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 154 × 255 ft (39,265 sq ft)
Frontage: 154 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Family room: 4.46 x 3.1 meters
Dining room: 4.13 x 4.05 meters
Kitchen: 3.92 x 4.77 meters
Living room: 3.99 x 4.79 meters
Primary Bedroom: 4.47 x 7.02 meters
Bathroom: 3.25 x 2.64 meters
Bedroom 2: 3.37 x 2.44 meters
Bedroom 3: 4.78 x 2.74 meters
Bathroom: 3.36 x 2.3 meters
Laundry room: 4.3 x 1.92 meters

Basement

Features

Appliances: All, Washer, Refrigerator, Water softener, Stove, Dryer, Window Coverings, Water Heater
Flooring: Ceramic, Vinyl
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Irregular lot size, Carpet Free, Sump Pump

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Centre Wellington (Belwood) listings, avg age

52d

Price / ft²

$629

List price

$1.10M

Haho

This 3-bed single family in Centre Wellington (Belwood) has been listed for 25 days, which is 27 days fresher than the city average of 52. Act while there is still low competition.

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Listed by INTERCITY REALTY INC. · ANNA NERI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $1,100,000, about 9.2× the local median household income of $120,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.

Median household income: $120,000
Population: 86,919
Median age: 42.8
Owner / renter: 88% / 12%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N0B)

$1,100,000· $629/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$512/mo

Total monthly$6,139

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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