269 John Street, Centre Wellington, ON

$894,900
MLS#:X9267805
3 beds
2 baths
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 17, 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 brick construction, this residence presents an exceptional opportunity offered at $894,900 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
  • Premium 65.71 x 70.09 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This warm inviting bungalow is like living in a lovely retreat every day! The main floor has a bright living room bow window, dining room, kitchen, sunroom and 2 bedrooms. There have been so many wonderful updates to this home including the main bathroom. The basement renovation offers an inviting family room with fireplace, 3 piece spa like bathroom, and third bedroom with substantial egress windows and closet space. Offering tons of storage, this bungalow just keeps giving. The 4 season sunroom off the dining room beckons a bright space to curl up with a book and enjoy a luxurious breeze, or step out to the deck to enjoy the manicured lawn with a relaxing soak in the hot tub. The attached garage has one roll up garage door as well as a man door, allowing access to the home through the garage, and offering a separate entrance to the basement.

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Property Summary

This detached home located at 269 John Street, Centre Wellington is currently for sale and has been available on SousaSells for 694 days. This property is listed at $894,900 with an estimated mortgage of $2,979* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 269 John 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
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 17, 2024
Sold price information is available to members only
Listed Date8/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Brick
BasementFinished, Separate Entrance
Lot Size65.71 × 70.09 Feet
CountyWellington
Annual Tax$4,387.96
Legal DescriptionLT 26 PL 627 ELORA; S/T MS118400; CENTRE WELLINGTON

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Campground, Greenbelt/Conservation

Interior Features

Other

Security Features

Community Features

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Location

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269 John 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 269 John 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.

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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$268,470 (30.0%)
* Minimum Canadian down payment required for this price is $64,490.
Amortization Period30 Years
Estimated Monthly Payment$2,979Based on a loan of $626,430 over 30 years.
Purchase Price$894,900
Loan Amount$626,430
Provincial Land Transfer Tax:$14,373
Total Estimated Closing Taxes:$14,373

About Purchasing a Home in Centre Wellington, ON

For a property listed at $894,900 in Centre Wellington, the legal minimum down payment is $64,490 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 $14,373 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 $14,373.

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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.