6492 GERRIE Road, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $614,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Guest Accommodations
- equipped with central air central cooling and highly efficient other heating via ground source
Description
Welcome to 6492 Gerrie Rd Unit 207. These desirable condos (built by James Keating Construction Ltd) are nestled on the edge of green space, yet just a stone's throw from downtown Elora. This 1300 sqft, 2 bedroom, 2 bathroom corner unit has large windows that allow an abundance of natural light. Other features include: an open balcony (electric bbq permitted), two parking spaces, an affordable eco friendly Geo thermal heating and cooling system, and a private locker. There's even a private garage for added convenience. The building also offers great amenities, including an overnight guest suite, an exercise room, indoor bicycle storage, and a party room. Don't miss out on this well-maintained condo that offers a high quality of living with a low-maintenance lifestyle. Book your showing today! Oh, did we mention Gerrie's market is across the street to satisfy that sweet tooth?
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Place Of Worship, Park
Interior Features
Air Exchanger, Guest Accommodations
Security Features
Carbon Monoxide Detectors, Smoke Detector
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 6492 GERRIE Road 207, Centre Wellington, ON N0B 1S0
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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 $614,900 in Centre Wellington, the legal minimum down payment is $36,490 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 $8,773 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 $8,773.
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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.