6523 Wellington 7 Road, Unit 217, Centre Wellington, ON

$898,000
MLS#:X11985963
1 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on April 14, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment 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 $898,000 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Atrium, Auto Garage Door Remote
  • equipped with other central cooling and highly efficient heat pump heating via electric

Description

Welcome to this luxurious, never-lived-in condo nestled within the coveted Elora Mill Residences, offering the perfect blend of modern elegance and tranquil riverfront living. Situated directly along the serene Grand River, this beautifully upgraded one-bedroom plus den unit boasts unparalleled views of the water, ensuring a peaceful and picturesque lifestyle.Step inside to discover a bright and airy living space, where natural light flows through the expansive windows, creating an inviting atmosphere throughout. The open-concept layout features a spacious living area that seamlessly connects to a private terrace, where you can enjoy your morning coffee.The generous-sized primary bedroom is a true retreat, complete with scenic views and plenty of space for relaxation. The well-appointed den offers flexibility to suit your needs whether as a home office, reading nook, or guest room. The sleek 4-piece bathroom exudes contemporary style, and the in-suite laundry adds convenience to your daily routine. The Elora Mill Residences offer exceptional amenities, including a fully equipped gym, yoga room, outdoor pool, private dining room, and a beautifully landscaped courtyard leading to the riverwalk. With concierge services and a dog wash station, every need is met with ease. Experience the charm of Elora, where scenic views, luxury living, and world-class amenities combine to create the perfect riverside lifestyle. This is more than just a condoit's a place to call home. Dont miss the opportunity to make it yours.

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Property Summary

This condo apartment located at 6523 Wellington 7 Road, Centre Wellington is currently for sale and has been available on SousaSells for 507 days. This property is listed at $898,000 with an estimated mortgage of $2,989* per month. It has 1 bed, 2 bathrooms, and is 1000-1199 square feet. 6523 Wellington 7 Road, 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
1
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 14, 2025
Sold price information is available to members only
Listed Date2/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyWellington
Annual Tax$0

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Atrium, Auto Garage Door Remote

Security Features

Community Features

Virtual Tours

Location

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6523 Wellington 7 Road, Unit 217, 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 6523 Wellington 7 Road 217, 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.

Market Trend
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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$269,400 (30.0%)
* Minimum Canadian down payment required for this price is $64,800.
Amortization Period30 Years
Estimated Monthly Payment$2,989Based on a loan of $628,600 over 30 years.
Purchase Price$898,000
Loan Amount$628,600
Provincial Land Transfer Tax:$14,435
Total Estimated Closing Taxes:$14,435

About Purchasing a Home in Centre Wellington, ON

For a property listed at $898,000 in Centre Wellington, the legal minimum down payment is $64,800 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 $14,435 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 $14,435.

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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.