161 IRVINE ST Street, Centre Wellington, ON

$869,900
MLS#:X10875611
3 beds
2 baths
< 700 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Other 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 $869,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 63.12 x 126 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to ELORA, this 3-bedroom, 2-bath side split that perfectly blends modern updates with classic appeal! The entire main level has been beautifully renovated in 2023, including a custom Kitchen from Edge Custom Cabinetry. That offers a fresh and inviting space for family living. You'll love the convenience of over sized heated garage, built in 2020, providing ample storage and easy access. Enjoy peace of mind with new windows installed in 2018, enhancing energy efficiency and natural light throughout the home. The driveway and walkway was updated in 2016, plus the Best for the last the all this sitting on a huge 63X126 lot and Situated in a family-friendly neighborhood, this home is within walking distance of local schools, making it perfect for families. Plus, you’re just a short stroll away from the vibrant downtown Elora, where you can enjoy unique shopping, dining, and local events throughout the year. Outdoor enthusiasts will appreciate the nearby trails and the famous Elora Quarry, perfect for hiking, swimming, and exploring nature. This home is not just move-in ready; it’s a delightful place to call your own.

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Property Summary

This detached home located at 161 IRVINE ST Street, Centre Wellington is currently for sale and has been available on SousaSells for 660 days. This property is listed at $869,900 with an estimated mortgage of $2,896* per month. It has 3 beds, 2 bathrooms, and is < 700 square feet. 161 IRVINE ST Street, 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

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionVinyl Siding, Brick
BasementFinished, Full
Lot Size63.12 × 126 Acres
CountyWellington
Annual Tax$4,023.56
Legal DescriptionCON12 PTLT19 NICHOL TWP

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Water Softener

Security Features

Smoke Detector

Community Features

Location

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161 IRVINE ST 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 161 IRVINE ST 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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$260,970 (30.0%)
* Minimum Canadian down payment required for this price is $61,990.
Amortization Period30 Years
Estimated Monthly Payment$2,896Based on a loan of $608,930 over 30 years.
Purchase Price$869,900
Loan Amount$608,930
Provincial Land Transfer Tax:$13,873
Total Estimated Closing Taxes:$13,873

About Purchasing a Home in Centre Wellington, ON

For a property listed at $869,900 in Centre Wellington, the legal minimum down payment is $61,990 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 $13,873 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 $13,873.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,141,100

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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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.