24 McNab Street, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 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 $1,100,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 96 x 57 ft lot
- Features a full, partially finished 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: Auto Garage Door Remote, Built-In Oven, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled on a mature lot just steps from downtown Elora, this beautifully renovated 2-storey home offers the perfect blend of charm, privacy, and modern comfort. Enjoy walking distance to the Grand River, the renowned Elora Mill, boutique shops, restaurants, pubs, and all the character of historic downtown Elora. Inside, the thoughtfully updated main floor features a gourmet kitchen with abundant cabinetry, generous counter space, centre island, and stylish tile backsplash, all open to a spacious dining area ideal for hosting family gatherings and special occasions. The cozy living room offers a walkout to a private rear patio surrounded by mature trees, creating a peaceful and secluded outdoor retreat. A large storage shed adds extra functionality. Upstairs, you'll find 3 bedrooms, including a stunning primary suite complete with a walkout to an incredible private balcony. Relax in the luxurious 5-piece ensuite featuring a glass shower and jacuzzi tub. The partly finished lower level includes a 3-piece bathroom and offers additional living potential. An attached double garage completes the main home. Be sure to explore the adjoining 1-bedroom suite with its own separate driveway and entrance. An ideal in-law suite, mortgage helper, or potential opportunity to take advantage of Elora's thriving short-term rental market. An exceptional property offering versatility, location, and lifestyle in one of Ontario's most sought-after villages.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Fenced Yard, Hospital, River/Stream, Rec./Commun.Centre, School
Interior Features
Auto Garage Door Remote, Built-In Oven, Countertop Range, In-Law Capability
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 24 McNab Street W, 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 $1,100,000 in Centre Wellington, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.
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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.