503 Victoria Street, Centre Wellington, ON

$1,070,000
MLS#:X9360172
5 beds
5 baths
2000-2500 sqft
6.0 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 brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,070,000 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 5 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 66 x 132 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Nestled on a quiet street in the hamlet of Salem, you will find this beautiful, family-oriented home. Welcome to 503 Victoria Street. You will love the peaceful location, steps from the Irvine River, Veteran's Park, Salem School and located just a short stroll from Elora's historic and vibrant downtown, with its charming shops, restaurants, cafes, rec centre, curling club, Elora Gorge and other fine amenities. Situated on a 66' x 132' lot, this 2-storey home features well-appointed rooms along with open concept living. The main floor features a large kitchen with abundant cupboard and counter space along with adjoining dining area, it creates a great space for those special family dinners. The living room features a gas fireplace to cozy-up on a cold winters night. Looking for a home office? The front room creates that perfect space to sit down with clients. The main floor also includes a 2- piece bath and mud room. Upstairs you will find 4 spacious bedrooms including the primary suite with walk-in closet, 3-piece ensuite and upper-level laundry. A 4-piece main bath upstairs completes the second level. Looking for even more space? The finished basement includes a large rec room, 3-piece bath and a 5th bedroom. Your backyard oasis is a tranquil retreat featuring hot tub area, oversized deck, manicured gardens, garden shed, fully fenced yard and a firepit the perfect setting for entertaining or relaxation. Additional highlights include a heated garage/workshop for the hobbyist and interlock driveway with plenty of parking capabilities. Grinder pump system for wastewater included in taxes.

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Key Features

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

Additional Details

StatusSold
Sold DateNovember 18, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size66 × 132 Feet
CountyWellington
Annual Tax$6,772.19
Legal DescriptionLOT 8 NE/S VICTORIA ST PL 75 NICHOL ; CENTRE WELLINGTON ; S/T EASE ON PT 1 61R10200 AS IN WC127381 ; S/T EASE ON PT 3 61R10161 AS IN WC128518 ; S/T EASE AS IN WC131564.

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Arts Centre, Campground, Hospital, Library, Park, Place Of Worship

Community Features

Location

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503 Victoria 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 503 Victoria 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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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.
Financial Audit

Estimated Costs

Loan Amount$856,000
Monthly Mortgage$4,974
Property Tax (Est.)$564
Utilities & Maint.$350
Total Monthly Cost$5,888

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