This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $2,449,000 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.
Welcome to 433 South River Road, located in the heart of Elora. A custom built bungalow, set on a large private lot in one of Elora's most sought-after neighbourhoods. The timeless design details give this home a cozy warm feeling while offering adbundant space with over 3400 square feet of finished living space. Inside, 9-foot ceilings and engineered hardwood flooring set the tone for an airy, sunlit interior. The kitchen is the true centrepiece, with soaring 16-foot cathedral ceilings, an art piece of an arched window framed on a natural stone wall, Taj Mahal quartzite countertops, elevated plumbing hardware and premium JennAir appliances inclusive of a 48" gas range, panel ready column fridge/freezer and dishwasher. Complete with a built in drinking water filtration system, this kitchen is sure to leave a lasting impression. Off the kitchen through a stunning archway you will find a butler's pantry with second prep sink, quartz countertops, an "appliance garage" for functional storage and endless floor to ceiling millwork. The dining area was designed with guests in mind, complete with glass built-ins and a bar fridge. Anchoring the living room is a striking gas fireplace surrounded by open shelving and built in cabinetry. This home offers four spacious bedrooms, each with its own walk-in closet. The primary suite sets a new standard for comfort and design, with cathedral ceilings, elevated trim and moulding details, a dramatic floor-to-ceiling natural stone fireplace, and a custom walk-in closet complete with built-ins. A spa-inspired ensuite designed for relaxation, featuring a freestanding soaker tub, oversized glass shower with rainfall showerhead, heated floors, and double vanity. Additional highlights include a mudroom with built-in bench and storage, a fully finished loft space above the attached garage perfect for a dedicated home office, and second 2 bay detached garage. Both the basement and backyard offer a blank canvas, ready for you to make your own.
Contact us to schedule a private viewing of this property.
This detached home located at 433 South River Road, Centre Wellington is currently for sale and has been available on SousaSells for 323 days. This property is listed at $2,449,000 with an estimated mortgage of $8,152* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 433 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.Air Exchanger, Bar Fridge, In-Law Capability, Primary Bedroom - Main Floor, Water Heater, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 433 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.
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 $2,449,000 in Centre Wellington, the legal minimum down payment is $489,800 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 $47,700 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 $47,700.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.