$899,900
Centre Wellington
305 Colborne Street, Centre Wellington (Elora/Salem), Ontario, N0B1S0
This 3-bedroom, 2-bathroom home in Centre Wellington is for sale offering roughly 1,300 sq ft of space. Listed at $899,900, it is attractively priced about 5% below the $949,990 median asking price in Centre Wellington. It has been on the market 0 days, fresher than the Centre Wellington average of 57 days.
Nestled in the heart of picturesque Elora, this quality Keating-built bungalow with a walkout lower level is offered for the very first time by its original owners. A home that has been deeply loved, meticulously cared for, and filled with cherished memories.Designed with both comfort and functionality in mind, the inviting layout features bright principal living spaces and a finished walkout lower level offering excellent flexibility for a guest area, teenage retreat, or potential in-law suite, while seamlessly connecting indoor living with the private outdoors. Tucked into the yard, a cute-as-can-be detached shed sits on a poured concrete pad and is fully equipped with electricity, making it an ideal petite work-from-home office, artist's studio, creative retreat or extra storage. Hobbyists and outdoor enthusiasts will also appreciate the fully insulated garage, complete with an insulated door, walls, and ceiling, along with a 30-amp receptacle, offering excellent potential for a workshop or a well-organized home for all your outdoor gear.Beyond the front door, a lifestyle defined by nature and community awaits. Walk or bike the Elora Cataract Trailway, spend summer afternoons swimming at the Elora Quarry, or paddle and explore the dramatic limestone cliffs of the Elora Gorge Conservation Area. Winter cross-country skiing is equally inviting. When evening comes, take a leisurely stroll into Elora's vibrant village core for artisan cafés, quaint boutiques, and riverside dining. A truly special offering for an active couple or family seeking lasting quality, outdoor adventure, and timeless small-town charm. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 57 days across the listings currently for sale in this city
This 3-bed single family in Centre Wellington (Elora/Salem) has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 7.5× the local median household income of $120,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.