Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,059,000 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.
This beautifully maintained 1,629 sq. ft. bungalow, built by Wright Haven Homes, is nestled in a picturesque and peaceful neighbourhood, waiting for its next proud owner. With excellent curb appeal and a double-car garage, this home offers both style and functionality. Step inside and be immediately impressed by the bright, open-concept layout and tasteful, neutral finishes throughout. The main floor features a spacious kitchen with stainless steel appliances, flowing seamlessly into the living room and dining area, ideal for entertaining or everyday living. You'll find two generously sized bedrooms, a 4-piece main bathroom, and the convenience of main floor laundry. The primary bedroom is a true retreat, complete with a walk-in closet and a luxurious 5-piece ensuite bathroom. Step outside to your private backyard oasis, featuring a large composite deck and interlock patios, perfect for relaxing with a morning coffee or hosting guests on warm summer evenings. The fully finished basement adds even more living space with large windows that bring in plenty of natural light. Enjoy a spacious rec room with a cozy gas fireplace, a third bedroom, and a versatile bonus area ideal for a home office, gym. Don't miss your opportunity to own this exceptional home in one of Elora's most desirable neighbourhoods. Book your private showing today!
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Air Exchanger, Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Water Softener, Workbench
Alarm System
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This could be the first listing for this address.
Data-driven valuation for 70 Mcgowan Street, 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 $1,059,000 in Centre Wellington, the legal minimum down payment is $211,800 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 $17,655 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 $17,655.
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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.