51 Murray Drive, Centre Wellington, ON

$1,199,000
MLS#:X12100661
4 beds
3 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 20, 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 $1,199,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 41.69 x 167.29 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Modern Bungalow Backing Onto Trestle Bridge Trail Elora Living at Its Finest! Welcome to this stunning 2021 Finoro custom built bungalow nestled in one of Eloras most desirable neighbourhoods. This 4 bed, 3 full bath home is packed with premium upgrades, thoughtful finishes throughout, and all backs on to a beautiful trail.Step inside and be greeted by a bright, open concept layout, ideal for both entertaining and everyday living. The chefs kitchen flows seamlessly into the spacious living and dining areas, all enhanced by contemporary finishes and abundant natural light. The primary bedroom features a beautiful en-suite bathroom.Downstairs, the fully finished basement offers the perfect retreat complete with a cozy fireplace, custom built-ins, and a stylish dry bar that makes hosting a breeze. All with 2 spacious bedrooms and 1 full bathroom.Out back, your private oasis awaits. Relax on the covered composite deck equipped with a gas line for your barbecue, while enjoying the peaceful backdrop of the Trestle Bridge Trail. A powered shed adds extra storage or workspace potential in the landscaped backyard.Whether you're enjoying the nearby trails, the charm of downtown Elora, or the high-quality finishes inside, this property truly has it all.

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Property Summary

This detached home located at 51 Murray Drive, Centre Wellington is currently for sale and has been available on SousaSells for 449 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 51 Murray Drive, 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
4
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 20, 2025
Sold price information is available to members only
Listed Date4/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Finished
Lot Size41.69 × 167.29 Feet
CountyWellington
Annual Tax$5,238.81
Legal DescriptionLOT 21, PLAN 61M219 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WC627204 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, Central Vacuum, Water Heater, Water Softener

Security Features

Community Features

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Location

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51 Murray Drive, 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 51 Murray Drive, 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$359,700 (30.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period30 Years
Estimated Monthly Payment$3,991Based on a loan of $839,300 over 30 years.
Purchase Price$1,199,000
Loan Amount$839,300
Provincial Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$20,455

About Purchasing a Home in Centre Wellington, ON

For a property listed at $1,199,000 in Centre Wellington, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.

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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.