230 N Queen Street, Centre Wellington, ON

$1,099,000
MLS#:X11978664
3 beds
2 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,099,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 68.64 x 130.42 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Air Exchanger, Built-In Oven, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This amazing Elora Bungalow is a pleasant mix of modern convenience with classic design & set on a large, private, mature lot within a short walk to downtown Elora. Are you looking to be conveniently located in an established neighbourhood close to schools & parks? An afternoon walk will take you to the majestic Grand River, the Gorge Conservation area or meandering through the Village visiting the many shops & restaurants of historic downtown Elora. Nicely landscaped with gardens framing the inviting entrance, you enter the front door to an open concept main floor. Low maintenance tile floors are heated to create a cozy & comfortable space. Gourmet kitchen features huge island with breakfast bar, quartz countertops, tile backsplash & built-in stainless appliances. Large dining area will easily host those special family meals & overlooks spacious living room with pot lights and large windows flooding the space in natural light. The generous primary bedroom has a walk in closet & adjoining 3 piece bath with glass shower. Main floor walk out to large wood deck providing the perfect outdoor entertaining space. Stair lead down to fenced rear yard, mature trees & detached workshop, perfect for the hobbyist or additional storage. Check out the lower level to find 2 spacious bedrooms with large windows. With towering ceilings, the rec room also has heated floors & huge windows, adding to the convenience and comfort of this great home. With the latest in technology, this home features on demand hot water, in floor heating, an air to air heat pump & air exchange, ensuring efficiency & comfort. Perfect for empty nestors or families alike, the current owners are happy to share possible future addition plans/drawings. An awesome home worth a closer look.

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Property Summary

This detached home located at 230 N Queen Street, Centre Wellington is currently for sale and has been available on SousaSells for 512 days. This property is listed at $1,099,000 with an estimated mortgage of $3,658* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 230 N Queen 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
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 20, 2025
Sold price information is available to members only
Listed Date2/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionStone, Vinyl Siding
BasementFull, Finished
Lot Size68.64 × 130.42 Feet
CountyWellington
Annual Tax$4,837.69
Legal DescriptionLT 141 PL 181 NEW SYRVEY ELORA; CENTRE WELLINGTON

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Hospital, Library, Park, School

Interior Features

Air Exchanger, Built-In Oven, On Demand Water Heater, Water Softener, Water Heater

Security Features

Community Features

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Location

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230 N Queen 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 230 N Queen 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.

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Interest Rate4.00%
Down Payment$329,700 (30.0%)
* Minimum Canadian down payment required for this price is $219,800.
Amortization Period30 Years
Estimated Monthly Payment$3,658Based on a loan of $769,300 over 30 years.
Purchase Price$1,099,000
Loan Amount$769,300
Provincial Land Transfer Tax:$18,455
Total Estimated Closing Taxes:$18,455

About Purchasing a Home in Centre Wellington, ON

For a property listed at $1,099,000 in Centre Wellington, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.

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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.