30 days on Market

6523 Wellington 7 Rd #506, Elora, Ontario N0B 1S0

In the same building:
-
Condo
2
3 + 1
~2289 sqft
$3,400,000
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$34,000Cashback
Condo
2
3 + 1
~2289 sqft

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Highlights

Property Estimate

Days on market30 days

Estimated valueNot available

Price/Sqft$1,485/sqft

Monthly cost

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+7

Properties sold*

$520K

Median sold price*

*Based on last 30 days

Description

Introducing The Terrace Penthouse — the premier residence at The Elora Mill Residences, offering an unmatched blend of indoor elegance and outdoor Luxury. This one-of-a-kind home features an expansive 2,400 sq.ft. wraparound terrace, complete with open-air and covered spaces, anchored by a striking double-sided stone fireplace — perfect for year-round entertaining and relaxation. Inside, you will find 2289 sq.ft of living space and over $400,000 in premium upgrades which elevate every detail. Soaring 10-ft custom ceilings, softly curved architectural walls, and a dramatic two-sided fireplace set a sophisticated tone throughout the open-concept living space. Designed with the entertainer in mind, this home includes a wet bar, butler’s pantry, and a chef’s kitchen equipped with top-tier Miele appliances, extra-tall custom cabinetry, and an oversized island with bar seating. The open dining space is perfect for both casual dining or entertaining. The layout offers exceptional flexibility, with a spacious bonus room ideal for a home office, formal dining room or additional bedroom. The primary bedroom suite is thoughtfully positioned for privacy, featuring a walk-in closet and spa-inspired ensuite with a soaker tub, oversized glass shower, dual vanities, and private water closet. A second bedroom is located in its own wing with its own ensuite and sitting area providing comfort for guests or family members. Additional highlights include a grand entry with 2 closets, powder room, full laundry room, two parking spaces, and storage locker. Residents of The Elora Mill Residences enjoy resort-style amenities, including concierge service, a lobby coffee bar, gym and yoga studio, furnished terrace with river views, and an outdoor pool with spectacular views of the river. Located just steps from Elora’s top restaurants, cafés, galleries, and shops — this penthouse offers an unparalleled lifestyle in one of Ontario’s most charming communities.


Property Details

Style1 Storey/Apt
ViewRiver, Trees/Woods
Age of property2024
SqFt~2289 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40742719
Community NameCentre Wellington
Data SourceITSO
Listing byCorcoran Horizon Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Living Room

7.29 x 6.07

Kitchen

2.87 x 5.79

Dining Room

3.02 x 5.79

Other

2.13 x 2.01


Features

Pool: Outdoor Pool
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Elevator
Amenities

BBQs Permitted, Concierge, Elevator(s), Fitness Center, Industrial Water Softener, Party Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 18, 2025
ListedActive
$3,400,000
30 days on market
history photo preview41
Listing by itso®

Market Data - Centre Wellington

Geo Zone Map ThumbnailCentre Wellington

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

39 days

2023

24 days

2022

12 days

New Listings

Past 30 days

22 listings

Compared to

2024

7 listings

2023

23 listings

2022

9 listings

Units sold

Past 30 days

12 units

Compared to

2024

7 units

2023

12 units

2022

4 units

Median Sold Price

Past 30 days

$501,500

Compared to

2024

$520,000

2023

$710,000

2022

$625,000


Population and Demographics

Overview

Total population 31158
Average household income $139,569

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget