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 $1,049,900 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.
Tucked into one of Elora's most welcoming neighbourhoods - steps from the trail and moments from downtown - this thoughtfully updated bungalow blends comfort, style, and low-maintenance living in a location that's hard to beat. Quartz countertops, custom cabinetry, hardwood floors, curated lighting, and motorized window coverings create a timeless, functional interior that feels instantly at home. The open-concept kitchen, dining, and living areas flow naturally to a private back deck with retractable shades and a Hydropool hot tub, offering a relaxing retreat in every season. An insulated garage with built-in shelving and workshop space adds everyday versatility, while board-and-batten accents, upgraded bathrooms, and interlock walkways highlight the care invested throughout. A fully finished basement expands the living space with a bedroom, full bathroom, gym, cozy family room with fireplace, and a generous rec room perfect for hobbies or gatherings. Whether you're starting a new chapter or simply seeking a home designed to live well year-round, this Elora gem delivers thoughtful updates, modern comfort, and effortless style.
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Arts Centre, Fenced Yard, Hospital, River/Stream, Park
Air Exchanger, Auto Garage Door Remote, Primary Bedroom - Main Floor, Sump Pump, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 103 McGowan Street, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,049,900 in Centre Wellington, the legal minimum down payment is $209,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,473 for this transaction. As this listing is in Centre Wellington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,473.
No current listings found in Centre Wellington.
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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.