Welcome to this remarkable vacant land located in the coveted neighborhood of Elora/Salem. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $479,000 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.
Spectacular vacant residential lot siding directly onto the Trestle Bridge Trail! Discover the perfect canvas for your dream home on this generously sized 56' x 115' lot, ideally situated in one of Elora's most desirable and neighbourhoods. This rare opportunity offers direct access to the scenic Trestle Bridge Trail and is within walking distance to historic downtown Elora, with charming shops, cafes, and vibrant arts scene. Tucked away in a quiet part of town, this property promises a tranquil lifestyle with nature at your doorstep. Don't miss out - lots like this are hard to find!
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 69 Bridge Street, Centre Wellington, ON N1B 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 $479,000 in Centre Wellington, the legal minimum down payment is $23,950 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 $6,055 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 $6,055.
No current listings found in Centre Wellington.
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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.