61 days on Market

101 Water St, Centre Wellington, Ontario N0B 1S0

Detached
3 + 2
2
~700-1100 sqft
$•••,•••
$998,000
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Detached
3 + 2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,166/sqft

Est. Mortgage$4,286/mo

Tax Amount (2024)$3,769/yr

Days On Market61 days


Description

Welcome to this charming & beautifully upgraded side split home, perfectly situated on a highly desirable street in the heart of Elora. With the Grand River just across the road & the renowned Bissell Park only steps away, you'll have direct access to scenic walking trails and the annual Riverfest event. Plus, a short stroll brings you to Elora's vibrant downtown, where you can explore fantastic restaurants, boutique shops, & lively bars. This lovely 5-bedroom, 2-bathroom home sits on a spacious lot with a fully fenced backyard, offering some privacy & outdoor space to enjoy. The property features a newly attached one-car garage & a generous six-car driveway, ensuring ample parking for family & guests. Inside, the open-concept main living area is warm & inviting, featuring a bright living room with large windows, a dining room with sliding doors leading to a small patio, and a generous-sized kitchen with plenty of counter space. Upstairs, you'll find a large primary bedroom, along with two additional spacious bedrooms & a newly updated bathroom. The lower level is a standout feature of this home was newly renovated. This finished in-law suite has a separate entrance, offering incredible potential for multi-generational living or rental income. It includes 2 additional bedrooms, a kitchenette, a 3-piece bathroom, and an additional laundry room for added convenience and crawl space for storage. Notable updates include a newer furnace, an on-demand hot water tank, a 200-amp upgraded electrical system, and a newer water softener. Outside, the backyard is a peaceful retreat, complete with a small patio off the back of the home & mature trees providing shade & tranquility. With top-rated schools, parks, and trails nearby, plus easy access to all the incredible events & attractions that Elora has to offer, this home presents an exceptional opportunity to live in one of the town's most sought-after locations. Don't miss your chance to make this beautiful property your own!


Property Details

StyleSidesplit
ViewGarden, Trees/Woods
Age of property-
SqFt~700-1100 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces7
MLS ®NumberX12010816
Community NameCentre Wellington
Data SourceTRREB
Listing byCOLDWELL BANKER - R.M.R. REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Fin W/O

Features

Lot size: 10,890 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Property History

Mar 10, 2025
ListedActive
$998,000
61 days on market
history photo preview50
Listing by trreb®
Property listed by COLDWELL BANKER - R.M.R. REAL ESTATE, Brokerage

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Market Data - Centre Wellington

Geo Zone Map ThumbnailCentre Wellington

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

29 days

2023

26 days

2022

11 days

New Listings

Past 30 days

100 listings

Compared to

2024

150 listings

2023

81 listings

2022

132 listings

Units sold

Past 30 days

29 units

Compared to

2024

74 units

2023

71 units

2022

68 units

Median Sold Price

Past 30 days

$850,000

Compared to

2024

$1,000,000

2023

$875,000

2022

$1,100,000


Population and Demographics

Overview

Total population 31158
Average household income $139,569

Age (%)

0 to 19
23%
65 and plus
22%
50 to 64
21%
35 to 49
18%
20 to 34
16%

Household composition (%)

Single family
74%
Single person
24%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
93%
Others
5%
Dutch
1%

House tenancy (%)

Owners
81%
Renters
19%

Schools and amenities

Estimated Budget