221 SMITH ST Street, Centre Wellington, ON
Property no longer active
This property was sold on September 24, 2024. 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 aluminum siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $649,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 66 x 76 ft lot
- Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Upgraded Insulation, Water Heater Owned
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
This charming two bedroom bungalow surrounded by trees, has the feel of a cottage and resides in a neighbourhood with other Heritage homes. You know the saying "LOCATION LOCATION LOCATION" well it truly applies to 221 Smith Street in Elora as this location is amazing! It is steps away from parks and trails leading into the famous Elora Gorge, making it perfect for nature enthusiasts. It's proximity to all the shops, restaurants, pubs, and The Elora Mill, as well as the ball diamonds, playgrounds, Curling Club, and arena are all within close walking distance. Don't worry about parking in the bustling town of Elora as you can leave your car at home. This home features several updates, including a newer furnace, windows, door, roof, wiring, plumbing, and insulation, making it a great find. Available immediately, it offers parking, a private fenced yard, and a beautiful street setting. This century home boasts classic pine flooring, tall ceilings, and original clawfoot tub. Whether you are a first time home buyer, or wishing to downsize, or perhaps you desire a weekend home in beautiful Elora, this property is a true gem. Don't miss the opportunity to make this home yours!
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Property Summary
This detached home located at 221 SMITH ST Street, Centre Wellington is currently for sale and has been available on SousaSells for 729 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 221 SMITH 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital
Interior Features
Upgraded Insulation, Water Heater Owned
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 221 SMITH ST 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 $649,900 in Centre Wellington, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.