73 Finnie Lane, Centre Wellington, ON

$1,099,900
MLS#:X9363748
4 beds
3 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 19, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,099,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 50 x 111.55 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This 4-Level Backsplit Home Built By Wrighthaven, Situated On A Quiet Street In A Very Family Friendly Neighbourhood Just Steps To Great Parks & Trails. Enjoy Nearly 3,000 sq.ft. Of Finished Space Featuring An Open Concept Floor Plan And Kitchen With Built-In Double Oven, Gas Range, Eat-In Area & Walk-Out To Deck With Automatic Awning. 4 Well Appointed Bedrooms Provide Ample Closet Space, High End Window Coverings & Plush Broadloom Where Laid. Walk-Out To The Professionally Landscaped Yard From An Oversized Family Room On The Lower Level. The Finished Basement Is The Perfect Games Room or Home Office. No Need To Worry About Power Outages With a Generator That Services The Entire Home. A Short Distance To The Trendy Shops & Restaurants Of Downtown Elora.

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Property Summary

This detached home located at 73 Finnie Lane, Centre Wellington is currently for sale and has been available on SousaSells for 662 days. This property is listed at $1,099,900 with an estimated mortgage of $3,661* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 73 Finnie Lane, 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
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 19, 2024
Sold price information is available to members only
Listed Date9/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size50 × 111.55 Feet
CountyWellington
Annual Tax$5,472.56
Legal DescriptionLOT 38, PLAN 61M183 SUBJECT TO AN EASEMENT IN GROSS OVER PT 19, 61R20051 AS IN WC368610 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Campground, Greenbelt/Conservation, Library, Park, River/Stream, School Bus Route

Interior Features

Air Exchanger, Auto Garage Door Remote, Built-In Oven, Countertop Range, Generator - Full, Sump Pump, Water Heater Owned, Water Purifier, Water Softener

Security Features

Community Features

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Location

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73 Finnie Lane, 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 73 Finnie Lane, 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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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$329,970 (30.0%)
* Minimum Canadian down payment required for this price is $219,980.
Amortization Period30 Years
Estimated Monthly Payment$3,661Based on a loan of $769,930 over 30 years.
Purchase Price$1,099,900
Loan Amount$769,930
Provincial Land Transfer Tax:$18,473
Total Estimated Closing Taxes:$18,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $1,099,900 in Centre Wellington, the legal minimum down payment is $219,980 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 $18,473 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 $18,473.

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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.