132 Spencer Drive, Centre Wellington, ON
Property no longer active
This property was sold on May 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 107.73 ft lot
- Features a finished, 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: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This stunning 1800 sq ft bungalow backs onto the trail system and offers privacy, comfort, and thoughtful design in one of Eloras most desirable neighbourhoods. Built by Wrighthaven Homes, this well-maintained home features 3 bedrooms on the main floor, vaulted ceilings, and a cozy gas fireplace in the living room. The spacious kitchen is ideal for cooking and entertaining, with stone countertops, ample cupboard space, and loads of counter area. Youll love the main floor laundry, convenient for everyday living. The primary suite includes a private ensuite, and theres a second full bath for guests or family. Step out to your private backyard oasiscomplete with a low maintenance patio and deck for shaded lounging and surrounded by mature perennials. Natural gas hook up for BBQ. Downstairs, the finished basement boasts two additional bedrooms, a massive rec room, a 3-piece bathroom, and tons of storage spaceideal for extended family or weekend guests. With an attached two-car garage, beautiful curb appeal, and access to scenic trails just steps from your door, this home truly checks all the boxes.
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Property Summary
This detached home located at 132 Spencer Drive, Centre Wellington is currently for sale and has been available on SousaSells for 470 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 132 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 132 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 $1,199,000 in Centre Wellington, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.