6523 Wellington 7 Road, Unit 27, Centre Wellington, ON

$989,000
MLS#:X12121258
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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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Property Summary

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.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 23, 2025
Sold price information is available to members only
Listed Date5/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStone
BasementNone
CountyWellington
Annual Tax$0

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Greenbelt/Conservation, Park, River/Stream, School

Interior Features

Other

Security Features

Concierge/Security

Community Features

Location

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6523 Wellington 7 Road, Unit 27, 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 RS127, 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$296,700 (30.0%)
* Minimum Canadian down payment required for this price is $73,900.
Amortization Period30 Years
Estimated Monthly Payment$3,292Based on a loan of $692,300 over 30 years.
Purchase Price$989,000
Loan Amount$692,300
Provincial Land Transfer Tax:$16,255
Total Estimated Closing Taxes:$16,255

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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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.