Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $989,000 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.
Experience the charm and beauty of one of Ontario's most picturesque communities with this exceptional 1-bedroom + Den, 2-bathroomriverside condo at the prestigious Elora Mill Residences. Just steps from the Elora Mill Spa and offering breathtaking views of the Elora Gorge Falls from your private balcony, this home offers the perfect blend of natural beauty and modern luxury. Inside, the open-concept kitchen, living, and dining areas are flooded with natural light from expansive windows and glass doors that seamlessly connect the interior to the outdoors. The kitchen is a chefs dream, featuring a large island with stunning waterfall edges, upgraded appliances, and premier lighting, making it perfect for both entertaining and relaxing. The spacious primary suite provides a peaceful retreat, complete with a large walk-in closet and a luxurious ensuite bathroom. Additional features include a convenient laundry closet, an extra 4-piece bathroom, and a versatile Den each space thoughtfully designed for comfort and functionality. The town of Elora itself is a true gem, known for its vibrant downtown filled with unique shops, local restaurants, and a welcoming atmosphere that effortlessly blends history with modern flair. With scenic hiking trails and nature reserves, Elora is a paradise for outdoor enthusiasts. Just across the nearby bridge, you'll find yourself in the heart of downtown, where you can enjoy all the local culture, events, and attractions. As a resident of Elora Mill Residences, you'll enjoy an array of world-class amenities, including a concierge, fitness center, yoga studio, garden courtyard, private dining room, lobby coffee bar, and an outdoor pool overlooking the Grand River. This is more than just a place to live its a chance to immerse yourself in the best of riverside living in one of Ontario's most desirable communities. Don't miss the opportunity to call this extraordinary property home!
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This condo apartment located at 6523 Wellington 7 Road, Centre Wellington is currently for sale and has been available on SousaSells for 440 days. This property is listed at $989,000 with an estimated mortgage of $3,292* per month. It has 2 beds, 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.Clear View, Greenbelt/Conservation, Park, River/Stream, School
Other
Concierge/Security
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 6523 Wellington 7 Road RS127, 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 $989,000 in Centre Wellington, the legal minimum down payment is $73,900 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 $16,255 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 $16,255.
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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.