120 Spencer Drive, Centre Wellington, ON
Property no longer active
This property was sold on February 9, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,095,000 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 2500-3000 sqft on a premium 50 x 115 ft lot
- Features a 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: Auto Garage Door Remote, Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful, quiet family neighbourhood. This two-storey detached home offers 4+1 bedrooms, 4 baths, finished from top to bottom and located in a sought-after neighbourhood, the perfect mix of privacy and convenience. Nestled close to a park and backing onto walking trails, surrounded by tall trees and landscaped gardens, this property is a true family retreat. Step inside to a welcoming foyer open to above. Open-concept living and dining room with hardwood floors. The upgraded kitchen features custom cabinetry, newer stainless steel appliances, one of kind riverbed granite counters, a raised breakfast bar, and a sunny breakfast area with walkout to the backyard. Open concept cozy family room with fireplace, guest bathroom, and laundry with garage access complete the main floor. Upstairs, the private primary suite includes a fireplace, a massive walk-in closet, and a spa-like ensuite with soaker tub, glass shower, double vanity, and water closet (private toilet room). Three additional bedrooms with ample closets and a full bathroom provide plenty of family space.The fully finished basement adds versatility with a spacious rec room, guest or in-law bedroom, full 3-piece bathroom, plus options for a home office, gym, or extra bedroom. Outdoors, enjoy a double driveway, double garage, and a private backyard retreat with colourful gardens and a gazebo. Located just minutes to Fergus, Guelph, Waterloo/Kitchener, schools, shopping, major highway and lots of amenities around Elora & Fergus. This home is clean, bright and move-in ready.
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Property Summary
This detached home located at 120 Spencer Drive, Centre Wellington is currently for sale and has been available on SousaSells for 240 days. This property is listed at $1,095,000 with an estimated mortgage of $3,645* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 120 Spencer Drive, Centre Wellington is in the Elora/Salem neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Wooded/Treed
Interior Features
Auto Garage Door Remote, Carpet Free, In-Law Capability
Security Features
Community Features
Location
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 120 Spencer Drive, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,095,000 in Centre Wellington, the legal minimum down payment is $219,000 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 $18,375 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 $18,375.
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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.