380 South River Road, Centre Wellington, ON
Property no longer active
This property was sold on March 10, 2025. 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 brick construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 106 x 502.56 ft lot
- Features a finished with walk-out 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: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Riverfront Gem on South River Road A Nature Lovers Dream! Wake up every day to the serene beauty of the Grand River right in your backyard! This stunning 5-bedroom, 3-bathroom home offers 3,746 sq. ft. of beautifully designed living space, all set in the highly sought-after South River Road location. Whether you enjoy tubing, fishing, or simply unwinding by the water, this property offers a rare opportunity to live just steps from the rivers edge. Inside, the home boasts a spacious open-concept main floor, highlighted by gorgeous cherry wood flooring. The chefs kitchen is a showstopper, featuring sleek quartz countertops and a convenient kettle faucet above the stove perfect for effortless meal prep. Two cozy fireplaces one upstairs and one downstairs create a warm and inviting atmosphere year-round. The oversized 870 sqft, 3 car garage is a handyman's dream, offering ample space for projects and storage. Step outside to your covered natural sun light patio, where you can relax, entertain, or take a dip in the above-ground pool. If swimming isn't on your agenda, the large backyard leads straight to the Grand River, where you can launch a kayak, cast a fishing line, or simply enjoy the peaceful sounds of the water. Outdoor enthusiasts will love the property's direct access to the Trestle Bridge Trail and Aboyne Trails, offering miles of scenic walking and biking paths. Take a stroll and stop by the Elora Museum to explore the areas rich history. This is more than just a home its a lifestyle. Don't miss your chance to own this one-of-a-kind riverfront retreat.
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Property Summary
This detached home located at 380 South River Road, Centre Wellington is currently for sale and has been available on SousaSells for 515 days. This property is listed at $1,499,900 with an estimated mortgage of $4,993* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 380 South River Road, 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
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Primary Bedroom - Main Floor
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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 380 South River Road, 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 $1,499,900 in Centre Wellington, the legal minimum down payment is $299,980 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 $26,473 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 $26,473.
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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.