323 COLBORNE Street, Centre Wellington, ON

$824,900
MLS#:X10875459
3 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 9, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $824,900 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
  • Generous living space spanning 1500-2000 sqft on a premium 51.35 x 114.97 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Air Exchanger, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 323 Colborne St, Elora! This charming 3-bedroom, 2-bathroom back split offers comfort and convenience. Located within walking distance to public schools, parks, and the scenic Cataract Trail, this home is ideally situated for enjoying community and nature. The main floor features a welcoming living room, dining area, and eat-in kitchen. Upstairs, you'll find the primary bedroom, first guest bedroom, and a full 4- piece bathroom. The lower level includes an additional bedroom, a bright family room, and a spacious 3-piece bathroom. The large, unfinished basement offers excellent potential for extra living space. An attached 2-car garage provides ample parking and storage. Step out back to a large deck and private backyard, perfect for relaxation or entertaining.

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Property Summary

This detached home located at 323 COLBORNE Street, Centre Wellington is currently for sale and has been available on SousaSells for 646 days. This property is listed at $824,900 with an estimated mortgage of $2,746* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 323 COLBORNE 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
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionBrick, Vinyl Siding
BasementUnfinished, Full
Lot Size51.35 × 114.97
CountyWellington
Annual Tax$4,096.25
Legal DescriptionLT 1 PL 849 ELORA; CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Water Heater Owned, Air Exchanger, Central Vacuum

Security Features

Community Features

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Location

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323 COLBORNE 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 323 COLBORNE 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.

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Interest Rate4.00%
Down Payment$247,470 (30.0%)
* Minimum Canadian down payment required for this price is $57,490.
Amortization Period30 Years
Estimated Monthly Payment$2,746Based on a loan of $577,430 over 30 years.
Purchase Price$824,900
Loan Amount$577,430
Provincial Land Transfer Tax:$12,973
Total Estimated Closing Taxes:$12,973

About Purchasing a Home in Centre Wellington, ON

For a property listed at $824,900 in Centre Wellington, the legal minimum down payment is $57,490 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 $12,973 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 $12,973.

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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.