315 Colborne Street, Centre Wellington, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $845,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 50 x 114.83 ft lot
- Features a finished 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: Central Vacuum, ERV/HRV, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully maintained bungalow offering comfortable, carpet-free living in a mature, fully landscaped setting. From the moment you arrive, you'll appreciate the pride of ownership, attractive curb appeal, and convenient single-car garage. Step inside to a bright and inviting main floor featuring rich hardwood and ceramic flooring throughout. The spacious living and family room area is warm and welcoming, highlighted by a cozy gas fireplace and large sliding doors that lead directly to the upper deck - the perfect place to enjoy morning coffee, entertain guests, or unwind overlooking the private backyard. The thoughtfully designed kitchen and dining area flow seamlessly for everyday living and hosting family gatherings. The main level also offers three generously sized bedrooms and a well-appointed 3-piece bathroom with tons of storage, making this home ideal for families, downsizers, or anyone seeking convenient one-floor living. Downstairs, the fully finished basement greatly expands the home's living space. You'll find a large family room featuring a second gas fireplace, creating the perfect setting for movie nights, relaxing evenings, or entertaining friends. The basement also includes a spacious fourth bedroom and an additional 4-piece bathroom, offering excellent flexibility for guests, teenagers, extended family, or a private home office setup. Potential here for a second living space in the basement, lots of room for an added kitchen. Additional highlights include brand new carpet on the stairs, ample living space on both levels, a steel roof with transferrable warranty, and a mature landscaped yard designed for enjoyment and privacy. This move-in-ready home combines warmth, functionality, and exceptional value in a desirable bungalow layout.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Central Vacuum, ERV/HRV, Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned, Water Softener
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 315 Colborne 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 $845,000 in Centre Wellington, the legal minimum down payment is $59,500 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 $13,375 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 $13,375.
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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.