$1,200,000

For saleJust listed

#109 6523 Wellington 7 Road, Centre Wellington (Elora/Salem) - Single Family for Sale

#109 6523 Wellington 7 Road, Centre Wellington (Elora/Salem), Ontario, N0B1S0

3 beds2 baths1 parking2,125 ft²$1,023/mo condo feeListed 7 days ago

Overview

This 3-bedroom, 2-bathroom condo in Centre Wellington is for sale offering roughly 2,125 sq ft of space. It has been on the market 7 days, fresher than the Centre Wellington average of 56 days.

Condos for Sale in Centre Wellington →All real estate in Centre Wellington →

Description

2098sqft of stunning living space, 2 luxurious bathrooms & 247sqft terrace combining the spaciousness & comfort of a detached home W/ease of condo living. Primary suite is complemented by 2 versatile rooms you can tailor to your needs, whether you envision a guest bdrm, office, hobby room or media lounge. Main-floor location adds convenience W/no waiting for an elevator making this an exceptional opportunity to simplify your lifestyle without compromising on space or quality. Kitchen W/elegant cabinetry, integrated appliances, full-height backsplash & waterfall island W/seating. Open to expansive dining area, there's lots of room for hosting dinner parties & family gatherings. Adjoining living room offers space to relax W/large windows & pot lights. Tucked away off a sep hallway, the primary suite feels like a private retreat. Oversized window & sliding doors to terrace fills room W/natural light, while 2 W/I closets offer storage. Ensuite W/soaker tub, sep vanities & W/I shower. 2 add'l rooms give you flexibility to create spaces that reflect how you live W/room to accommodate guests while keeping dedicated space for work or hobbies. Luxurious main bath with W/I shower & sep laundry room W/storage. 247sqft terrace offers tons of room for lounge area & dining set. Its covered setting & privacy screens create a sheltered retreat W/access from the dining area & primary bdrm. A gate offers access to the amenities right from your terrace. Start mornings with a walk to resident lounge for coffee & pastries from Elora Mill. Workout in fitness centre, unwind in interior garden courtyard or spend time in the outdoor pool overlooking the river. Dog wash & grooming station adds convenience for pet owners. 1 underground parking & locker are included. Nearby walking bridge connects you to Elora Mill's restaurants & spa W/shopping, local galleries & Portage Trailway. Explore the old-world charm of the historic downtown, discover local artists, one-of-a-kind shops & restaurants (id:66096)

Property Details

MLS®: X14130224
Property Type: Single Family
Zoning: R6
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 2,125 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,023/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $10,495.93/yr

Rooms

Main level

Living room: 8.05 x 5.79 meters
Dining room: 3.89 x 3.81 meters
Kitchen: 5.49 x 3.33 meters
Bathroom: 3.91 x 5.05 meters
Primary Bedroom: 5.13 x 3.99 meters
Bathroom: 4.04 x 3.2 meters
Bedroom 2: 3.78 x 3.73 meters
Den: 3.78 x 3.1 meters
Laundry room: 3.25 x 1.78 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Oven - Built-In, Hood Fan, Garage door opener
Foundation: Poured Concrete
Exterior: Stone
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Centre Wellington (Elora/Salem) listings, avg age

56d

Price / ft²

$565

List price

$1.20M

Haho

This 3-bed single family in Centre Wellington (Elora/Salem) has been listed for 7 days, which is 49 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX Real Estate Centre Inc · BRADLEY WYLDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0B)

This home lists at $1,200,000, about 10.0× the local median household income of $120,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 95% 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)

$1,200,000· $565/ft²

For sale

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Full Cost Breakdown

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Down Payment7.92% · $95,000

Min 7.92%50%

Mortgage payment$6,126/mo

↳ CMHC premium ($44,200 capitalized)

Property tax (est.)$875/mo

Condo fee$1,023/mo

Total monthly$8,024

Cash Needed to Close

Down payment (7.92%)$95,000

Land transfer tax$20,475

Est. closing costs$6,100

Total cash needed$121,575

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice