6523 WELLINGTON 7 Road, Unit 205, Centre Wellington, ON
Property Highlights
Welcome to this remarkable Other condo apartment located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium concrete and stone construction, this residence presents an exceptional opportunity offered at $875,000 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: Built-In Oven, Countertop Range, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient heat pump heating via other
Description
Welcome to the Elora Mill Condominiums. These residences offer a lifestyle where amenities are many and luxury is standard. The Drimmie suite features 1000sqft of bright airy indoor living space and 140sqft of outdoor living area overlooking heritage forest and the Gorge. Upon entering, you are immediately drawn to the openness of the design. The highly appointed kitchen features hidden appliances and appears as furniture adorned with gold finished hardware that resembles jewelry. Conveniences such as main 4pc bath and in suite laundry team also form part of the floor plan. This suite offers a master with 3pc ensuite, private wardrobe area with access to the balcony as well as a den. Underground parking for one and locker included. Private bookings only.
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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 483 days. This property is listed at $875,000 with an estimated mortgage of $2,913* 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Arts Centre, Park, Ravine, River/Stream, Wooded/Treed
Interior Features
Built-In Oven, Countertop Range, Primary Bedroom - Main Floor
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 6523 WELLINGTON 7 Road 205, 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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Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $875,000 in Centre Wellington, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.
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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.