75 Chalmers Street, Centre Wellington, ON

$2,399,900
MLS#:X9306222
4 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $2,399,900 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 91.91 x 142 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Sauna, Sump Pump
  • equipped with other central cooling and highly efficient heat pump heating via gas

Description

Built in 1934, this iconic Elora home is being offered for sale for only the second time in 90 years. Boasting an exterior of thick quarry stone, it has been extensively rebuilt to modern standards while keeping its original charm and elegance. Many of the historical elements of the house have been kept intact, like the wooden front door, which has been repurposed to create a wonderful entrance to the wine room. The living room features White Oak engineered hardwood floors, charming beams & a gas fireplace set in restored stone. Gorgeous Devol inspired kitchen w/ quartz countertops and white oak cabinetry. The dining room mirrors the historical Elora Mill wine cellar with its 12 stone wall. A glass-paneled door leads to an inviting den where a wood-burning fireplace & original wall sconces enhance the atmosphere. A hallway powder room maintains the home's historic feel with a stone wall and exposed beams. An addition boasts a flex room with a beautiful stone wall and ensuite, currently used as an office. Upstairs, the primary retreat offers White Oak floors, a wall of wardrobes, and an ensuite with a glass shower and quartz counters. Additional bedrooms share a luxurious main bathroom with a claw tub, stained glass windows & separate shower. The finished basement includes a recreation room with luxury vinyl plank floors & an original interior door, cedar sauna, and wine cellar. Even the laundry room is stunning, finished with beautiful natural wood cabinetry & quartz/butcher block counters. Every detail of this home has been carefully curated with upgrades include a new 50 yr roof, new exterior doors, gas boilers, heating/cooling system, rewiring of the entire home & much more. Outside, a granite patio overlooks mature trees. Short stroll to Bissell Park and Elora offering unparalleled access to fine dining, lively bars, live music, boutique shops, the renowned Elora Mill Spa & Elora Gorge. Experience the timeless allure and modern luxury of 75 Chalmers St!

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Property Summary

This detached home located at 75 Chalmers Street, Centre Wellington is currently for sale and has been available on SousaSells for 681 days. This property is listed at $2,399,900 with an estimated mortgage of $7,988* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 75 Chalmers Street, 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
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 12, 2024
Sold price information is available to members only
Listed Date9/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Vinyl Siding
BasementFull, Finished
Lot Size91.91 × 142 Feet
CountyWellington
Annual Tax$6,077.51
Legal DescriptionPT LT 8 W/S N QUEEN ST. LT 8 & PT LT 7 E/S CHALMERS ST DESIGNATED AS PART 1, 61R9763 PLAN 181 ELORA; CENTRE WELLINGTON

Parking & Garage

Parking Total6.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Bar Fridge, Sauna, Sump Pump, Water Heater Owned, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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75 Chalmers Street, 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 75 Chalmers Street, 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$719,970 (30.0%)
* Minimum Canadian down payment required for this price is $479,980.
Amortization Period30 Years
Estimated Monthly Payment$7,988Based on a loan of $1,679,930 over 30 years.
Purchase Price$2,399,900
Loan Amount$1,679,930
Provincial Land Transfer Tax:$46,473
Total Estimated Closing Taxes:$46,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $2,399,900 in Centre Wellington, the legal minimum down payment is $479,980 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 $46,473 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 $46,473.

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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.