178 CHALMERS Street, Centre Wellington, ON
Property no longer active
This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $709,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 69 x 120 ft lot
- Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned, Sump Pump, Water Softener
- Efficient baseboard heating via gas
Description
Downtown Elora Century Home on huge private lot. I won’t bore you with the location adage; you’ve heard that too often already! Lesser known but better advice is “buy the smallest home on a really great street”. Even better when the smallest house on the street really isn’t small! Well cared for, 1050 square feet with a cool floor plan including a main floor bedroom option. Plenty of room for your family or visiting guests and the living spaces are generous. Glorious 69 x 120 ft lot, fully fenced with a delightful pond and waterfall, small greenhouse and shed. Many places to sit and enjoy your privacy in lovely mature perennial gardens. Some salient facts: roof replaced 2021, 200 A hydro service with new breaker panel 2021, water softener and heater owned and replaced in the last 10 years, newer luxury vinyl plank flooring in kitchen and upstairs, new kitchen counters. Quick closing available. Take a look then take a slow walk through the neighborhood……you’ll be ever so happy you waited for this home!
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Property Summary
This detached home located at 178 CHALMERS Street, Centre Wellington is currently for sale and has been available on SousaSells for 675 days. This property is listed at $709,000 with an estimated mortgage of $2,360* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 178 CHALMERS 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
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Property Details
Parking & Garage
Heating & Cooling
Features
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Interior Features
Water Heater Owned, Sump Pump, Water Softener
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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 178 CHALMERS 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.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $709,000 in Centre Wellington, the legal minimum down payment is $45,900 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 $10,655 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 $10,655.
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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.