Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $1,195,000 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.
Imagine Friday evening... You pull into the driveway of 57 Cutting Drive, instantly feeling the bustle of the week melt away. Nestled in the historic, enchanting village of Elora, this custom-built luxury bungalow isn't just a home-it's your Private Resort. The true magic happens when you step out back. Have you dreamed of having a low-maintenance POOL? Welcome to your personal backyard oasis. Enclosed by premium composite privacy fencing and framed by a backdrop of towering, mature pines, this yard offers rare, woodland tranquility. Spend hot summer afternoons floating in the 12' x 24' heated salt-water pool adjacent to upper sun deck and lower covered deck. Host unforgettable weekend BBQs spanning the covered deck and open sundeck, or lounge on the floating composite decking with a glass of wine. Step inside through large patio doors to the main level where upscale model-home aesthetic meets everyday warmth. Designed hand-in-hand with an interior designer, every finish speaks to sophistication. The heart of the daily routine centers around an airy, light-filled layout, leading to a serene primary retreat featuring a spa-inspired ensuite. With 1,600 sq ft on the main floor and a bright, professionally finished 1,485 sq ft lower level, there is boundless space for everyone. The lower level is a haven of its own, boasting a huge recreation room, gaming area, playroom, two additional bedrooms, and a sleek bath. Plus, with a separate entrance designed for a future walk-up, it's primed for multi-generational living or a premium in-law suite. Whether you're a couple seeking a peaceful retreat, a growing family wanting space to play, or the ultimate entertainer who loves hosting backyard pool parties, this property delivers an experiential lifestyle. Just minutes from the iconic Elora Gorge, boutique shops, and award-winning dining, you get unparalleled luxury and a true small-town community vibe. Cataract Trail is steps away. Your forever staycation starts here.
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Golf, Greenbelt/Conservation, Hospital, Library, Park, Rec./Commun.Centre
Auto Garage Door Remote, Water Meter, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 57 Cutting Drive, 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 $1,195,000 in Centre Wellington, the legal minimum down payment is $239,000 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 $20,375 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 $20,375.
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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.