52 Water Street, Centre Wellington, ON
Property no longer active
This property was sold on December 16, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,345,000 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 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 66.58 x 166.15 ft lot
- Features a crawl space, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning and unique side-split backing onto the Grand River and 5-minute walk to beautiful downtown Elora and over 1/4 acre private yard. You'll spend your time hosting friends and family in the spacious back addition with updated kitchen open to the dining area and great room with a new beech wood flooring and cathedral ceiling. Newly refinished deck highlights your fully fenced yard with views down to the river. Shed/bunkie with overhanging roof and walk around deck. Back inside, the main floor offers a rustic bar area and updated 3-piece bathroom with heated floors, plus a converted garage offering space for a gym or yoga studio. Up a few steps you'll find an elegant living room w/ space for a home office. Three bedrooms upstairs, with the primary bedroom having an en-suite privileges to the 4-piece bathroom. There is potential for a 4th bedroom in the lower level, or an additional space for a movie room. Parking for 6+ on the driveway. This location can't be beat! Book today!
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Property Summary
This detached home located at 52 Water Street, Centre Wellington is currently for sale and has been available on SousaSells for 731 days. This property is listed at $1,345,000 with an estimated mortgage of $4,477* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 52 Water Street, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Campground, Fenced Yard, Golf, Greenbelt/Conservation, Hospital, Park
Interior Features
In-Law Capability
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 52 Water Street E, 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 $1,345,000 in Centre Wellington, the legal minimum down payment is $269,000 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 $23,375 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 $23,375.
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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.