50 McGowan Street, Centre Wellington, ON

$1,099,000
MLS#:X8388818
5 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $1,099,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 48 x 111 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Fabulous 2 storey home, built in 2010 by Wrighthaven Homes, offer modern and comfortable family living space throughout. With its prime location in one of Elora's preferred neighbourhoods, with it's soccer fields, trails, close to the Grand River and just a few minutes from Downtown, this is the neighbourhood to be in! Upon entering the home from the covered front porch, you will be greeted by an open concept main floor living room with electric fireplace and dining area with hardwood flooring, well equipped kitchen with stainless appliances, breakfast bar, dinette or sitting area. There are patio doors leading out to the partially fenced backyard, with stamped concrete patio, large custom gazebo and large storage shed. Off the kitchen area you will find a 2 piece washroom and a laundry mudroom with access to the 2 car garage and a walk-in storage closet. Head upstairs to the large family room and huge primary bedroom with spacious walk-in closet and 4pce ensuite for privacy and comfort. There are two more good sized bedrooms, 4pc main bathroom and in the hallway is a built in desk for the kids to do homework. The fully finished basement has 2 more bedrooms, a nice 3pc bathroom and a large recreation room that is perfect for relaxing and entertaining. Recent upgrades include Roof Shingles 2022, Garage Door 2022, Water Softener May 2024, new upstairs carpets May 2024, concrete driveway and front walkway May 2024.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 18, 2024
Sold price information is available to members only
Listed Date5/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding, Brick
Lot Size48 × 111 Feet
CountyWellington
Annual Tax$5,421.14
Legal DescriptionLOT 26, PLAN 61M163 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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50 McGowan Street, Centre Wellington, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Elorasalem, Centre Wellington.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
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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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 50 McGowan 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.

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Financial Audit

Estimated Costs

Loan Amount$879,200
Monthly Mortgage$5,108
Property Tax (Est.)$452
Utilities & Maint.$350
Total Monthly Cost$5,910

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.

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.