$769,900

For sale

308 Daniel Crescent, Centre Wellington (Elora/Salem) - Single Family for Sale

308 Daniel Crescent, Centre Wellington (Elora/Salem), Ontario, N0B1S0

3 beds3 baths3 parking1,300 ft²70 × 160 ft (11,243 sq ft) lot sizeListed 21 days ago

Overview

This 3-bedroom, 3-bathroom home in Centre Wellington is for sale offering roughly 1,300 sq ft of space. Listed at $769,900, it is attractively priced about 22% below the $985,990 median asking price in Centre Wellington. It has been on the market 21 days, fresher than the Centre Wellington average of 57 days.

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Description

You just hit the jackpot at 308 Daniel Crescent in Elora! This home sits on a massive lot that backs right onto lush conservation land, giving you ultimate peace and stunning green views right out your back door. Pulling up is a breeze with an attached garage and a huge driveway with space for four full-size pickup trucks. The durable steel roof gives you total peace of mind for years to come. Inside, step into a bright, modern open-concept layout featuring three bedrooms upstairs with a convenient half bathroom on the main floor and a full bathroom upstairs. Downstairs features another full bathroom and offers incredible versatility-turn the lower level into a super profitable Airbnb or convert it into a fully legal separate apartment to help pay the mortgage. Spaces with this much property, potential, and natural beauty don't stay available long-book your private tour before it's gone! (id:66096)

Property Details

MLS®: X14032498
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 70 × 160 ft (11,243 sq ft)
Frontage: 70 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $4,600/yr

Rooms

Main level

Dining room: 3.1 x 3.3 meters
Other: 1.47 x 2.36 meters
Living room: 3.1 x 3.94 meters
Kitchen: 3.25 x 3.1 meters

Basement

Laundry room: 3.86 x 1.37 meters
Cold room: 1.22 x 2.18 meters
Family room: 7.06 x 3.2 meters

Lower level

Other: 0.91 x 0.91 meters

Second level

Bedroom 2

Features

Appliances: All, Furniture
Foundation: Concrete
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Centre Wellington (Elora/Salem) listings, avg age

57d

Price / ft²

$592

List price

$770K

Haho

This 3-bed single family in Centre Wellington (Elora/Salem) has been listed for 21 days, which is 36 days fresher than the city average of 57. Act while there is still low competition.

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Listed by M1 Real Estate Brokerage Ltd · MITCH MYERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $769,900, about 6.4× the local median household income of $120,000.

Carrying it typically needs a household income of about $150,388 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$769,900· $592/ft²

For sale

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Full Cost Breakdown

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Down Payment6.75% · $51,990

Min 6.75%50%

Mortgage payment$3,980/mo

↳ CMHC premium ($28,716 capitalized)

Property tax (est.)$383/mo

Total monthly$4,364

Cash Needed to Close

Down payment (6.75%)$51,990

Land transfer tax$11,873

Est. closing costs$4,810

Total cash needed$68,673

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