Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $749,000 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 460 Geddes Street, Elora. Tucked along the Irvine River, this charming bungalow offers a warm, cottage-like feel just steps from the gorge and walking distance to Elora's downtown shops and restaurants. Featuring 3 spacious bedrooms up, 1 down, and 2 full baths, it's ideal for families or downsizers alike. The bright, open layout includes a large kitchen island, cozy wood-burning fireplace, and walkout to a terraced backyard overlooking the river valley. Updates include a newer gas furnace and hot water tank, new garage door, and newer sliding doors.
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This detached home located at 460 Geddes Street, Centre Wellington is currently for sale and has been available on SousaSells for 266 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 460 Geddes Street, Centre Wellington is in the Elora/Salem neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Central Vacuum, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 460 Geddes 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.
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 $749,000 in Centre Wellington, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.