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 $829,900 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.
Ideally located in one of Elora's family friendly neighborhoods and set on a spacious corner lot directly across from peaceful parkland and scenic walking trails. This property offers the perfect blend of nature, convenience, and modern living. Step inside to an inviting main floor featuring a bright, airy layout with seamless flow between the kitchen, dining, and living areas, that are ideal for entertaining or relaxed everyday living. A sunroom extends your living space and provides the perfect spot to enjoy morning coffee or unwind in the evening. The main level includes 2 comfortable bedrooms, while the fully finished lower level adds exceptional flexibility with 2 additional bedrooms, a large family room, and ample storage-perfect for extended family, guests, or a home office setup. Outside, the expansive lot offers endless possibilities.. create your own outdoor oasis. With parks and trails just steps away, and all the charm of Elora close by, this home delivers both lifestyle and location. A great opportunity in a fantastic neighborhood that is perfect for the young family or empty nesters. An easy commute to Guelph, KW and the west GTA.
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Carpet Free, Water Heater, Water Meter, Water Softener, Primary Bedroom - Main Floor, Auto Garage Door Remote
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 63 Spencer 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 $829,900 in Centre Wellington, the legal minimum down payment is $57,990 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 $13,073 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 $13,073.
No current listings found in Centre Wellington.
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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.