6523 Wellington 7 Road, Unit 2, Centre Wellington, ON

$724,900
MLS#:X12361671
1 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 brick and stone construction, this residence presents an exceptional opportunity offered at $724,900 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.

  • 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: Separate Hydro Meter
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Experience the epitome of modern living in this newly constructed, sophisticated Elora Mill Condos, where contemporary style meets unparalleledconvenience. This spacious 1-bedroom plus den, 2-bathroom home offers an expansive terrace with premium western exposure, presentingviews of the Potter Foundry and tree lined Grand River. Inside, you'll find a sleek, open-concept layout with over $11K in upgrades, including astunning quartz waterfall island in the kitchen, elegant hardwood flooring, and top-of-the-line integrated appliances. The design exudessophistication and functionality, creating a perfect sanctuary for those who appreciate finer living. A highlight of this residence is the coveredbalcony, offering quiet and private views. Residents are treated to exceptional amenities, from year-round indoor parking and a private storagelocker to luxurious communal spaces. Delight in the convenience of an on-site cafe-bistro, cutting-edge fitness facilities, and a serene privateoutdoor pool.The location is a dream, with a scenic trail winding through the property, leading to a charming bridge that takes you straight intodowntown Elora's vibrant core. Embrace a lifestyle of comfort, luxury, and ease in this remarkable residence.

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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 326 days. This property is listed at $724,900 with an estimated mortgage of $2,413* 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 DateJanuary 9, 2026
Sold price information is available to members only
Listed Date8/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyWellington
Annual Tax$5,927.46

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

River/Stream, Greenbelt/Conservation, Waterfront

Interior Features

Separate Hydro Meter

Security Features

Concierge/Security

Community Features

Virtual Tours

Location

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6523 Wellington 7 Road, Unit 2, 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 402, 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.

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Interest Rate4.00%
Down Payment$217,470 (30.0%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period30 Years
Estimated Monthly Payment$2,413Based on a loan of $507,430 over 30 years.
Purchase Price$724,900
Loan Amount$507,430
Provincial Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$10,973

About Purchasing a Home in Centre Wellington, ON

For a property listed at $724,900 in Centre Wellington, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.

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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.