348 Colborne Street, Centre Wellington, ON

$849,900
MLS#:X12356454
4 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $849,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 116 x 171.25 ft lot
  • Features a ["separate entrance", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, On Demand Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this stunning Keating-built brick bungalow where country charm meets small-town convenience. Set on a generous 0.45-acre lot in the heart of Elora, this home is just a short walk to downtown shops, restaurants, the Cataract Trail, and the iconic Elora Quarry. Featuring 3 bedrooms and 2 bathrooms, this carpet-free home has been beautifully updated with a newer kitchen, custom backsplash, modern lighting, and gorgeous custom hardwood flooring throughout the main living, dining, and kitchen areas. The home is heated by efficient forced-air, and municipal water/sewer hookups are available if desired. The walk-up basement with separate entrance offers incredible versatility whether you're looking for an in-law suite, multi-generational living, or rental potential. A partially finished basement adds additional living space and opportunity to make it your own. Enjoy summer days in your above-ground pool with heat pump heater, relax on the private lot surrounded by mature trees, or explore the many possibilities this property offers. With a large yard, there's room for an addition, workshop, garage, and even potential for an additional driveway off Graham Street (buyer to inquire with the municipality), .This is more than just a home it's a lifestyle in one of Ontario's most sought-after communities. Don't miss your chance to own a custom-built beauty with endless potential in Elora, this one won't last long, book your showing today!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 10, 2025
Sold price information is available to members only
Listed Date8/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size116 × 171.25 Feet
CountyWellington
Annual Tax$4,694.4
Legal DescriptionPT LT 19 CON 12 NICHOL AS IN ROS228519; S/T MS13702; CENTRE WELLINGTON

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Library, Place Of Worship, School, Wooded/Treed

Community Features

Location

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348 Colborne Street, Centre Wellington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 348 Colborne Street, Centre Wellington, ON N0B 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$679,920
Monthly Mortgage$3,951
Property Tax (Est.)$391
Utilities & Maint.$350
Total Monthly Cost$4,692

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Centre Wellington.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Elorasalem, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.