Welcome to this remarkable Bungalow condo apartment 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 $424,900 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.
Affordable & Stylish 2-Bedroom Bungalow Condo in Desirable Elora Heights! Welcome to exceptional value and effortless living just minutes from the heart of Elora. This beautifully maintained 2-bedroom bungalow condo offers an affordable opportunity to own in the highly sought-after Stumpf Street Elora Heights community, where comfort, style, and convenience come together. Step inside through the double-door entry into a bright, welcoming space. The open-concept layout features a generous living and dining area - perfect for entertaining or relaxing at home. The kitchen is designed for everyday ease, complete with stainless steel appliances, ample cabinetry, and plenty of counter space. The primary suite offers a peaceful retreat with two large closets and a modern tiled ensuite featuring a sleek glass-door shower. The second bedroom is spacious and versatile, with a large closet and an added walk-in utility/storage room. A second full bathroom with a deep tub provides comfort for both residents and guests. Enjoy low-maintenance bungalow living with your own private patio -i deal for morning coffee or evening relaxation. Your dedicated parking space is conveniently located right outside your door, and winter maintenance like walkway shovelling is taken care of for you. Best of all, this home delivers affordability without compromising lifestyle. Located just steps from the Grand River and minutes to downtown Elora, you'll enjoy easy access to boutique shops, excellent dining, and vibrant local culture. Don't miss this rare chance to own a stylish, move-in-ready home at an accessible price point in one of Ontario's most charming communities.
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Library, Other, Park, Ravine, River/Stream, School Bus Route
Water Softener, Water Heater Owned, Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 27 Stumpf Street 27B, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
About Purchasing a Home in Centre Wellington, ON
For a property listed at $424,900 in Centre Wellington, the legal minimum down payment is $21,245 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 $4,973 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 $4,973.
No current listings found in Centre Wellington.
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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.