50 McGowan Street, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $1,099,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 48 x 111 ft lot
- Features a full, finished 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: Air Exchanger, Auto Garage Door Remote, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Fabulous 2 storey home, built in 2010 by Wrighthaven Homes, offer modern and comfortable family living space throughout. With its prime location in one of Elora's preferred neighbourhoods, with it's soccer fields, trails, close to the Grand River and just a few minutes from Downtown, this is the neighbourhood to be in! Upon entering the home from the covered front porch, you will be greeted by an open concept main floor living room with electric fireplace and dining area with hardwood flooring, well equipped kitchen with stainless appliances, breakfast bar, dinette or sitting area. There are patio doors leading out to the partially fenced backyard, with stamped concrete patio, large custom gazebo and large storage shed. Off the kitchen area you will find a 2 piece washroom and a laundry mudroom with access to the 2 car garage and a walk-in storage closet. Head upstairs to the large family room and huge primary bedroom with spacious walk-in closet and 4pce ensuite for privacy and comfort. There are two more good sized bedrooms, 4pc main bathroom and in the hallway is a built in desk for the kids to do homework. The fully finished basement has 2 more bedrooms, a nice 3pc bathroom and a large recreation room that is perfect for relaxing and entertaining. Recent upgrades include Roof Shingles 2022, Garage Door 2022, Water Softener May 2024, new upstairs carpets May 2024, concrete driveway and front walkway May 2024.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Air Exchanger, Auto Garage Door Remote, Sump Pump, 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 50 McGowan 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.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
Configure Loan Settings
About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,099,000 in Centre Wellington, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.
Nearby Listings
No current listings found in Centre Wellington.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
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.