81 REYNOLDS Road, Centre Wellington, ON

$1,299,995
MLS#:X10876970
4 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,299,995 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 112 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Water Heater, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 81 Reynolds Road in the Southridge community in south Elora. You are going to love this one. I see a lot of bungalows - and this one definitely stands out. Custom built by award winning Wrighthaven Homes, this home has upgrades galore and will truly impress. Completely done top to bottom with almost 3000 square feet of living space including finished basement. Too many features to list, we will let the pictures do the talking. Definitely one of the nicest layouts I’ve seen in an executive bungalow. Be sure to check out the online floorplans and virtual tour. The custom kitchen with oversized island and amazing walk in butler’s pantry is stunning. Modern gas fireplace in the living room. The primary suite features his and her separate sink vanities and his and her closets. 3 bedrooms and 2 bathrooms up. One of the bedrooms makes a perfect office. Another bedroom and full bath on the lower level. Closet built ins. Very nice main floor laundry room. 9 foot high ceiling in the professionally finished basement. Covered sitting area and spacious deck out back. Two car garage. Fully fenced rear yard with attractive shed. It’s the little details here that make this one stand out. Book your private viewing today.

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Property Summary

This detached home located at 81 REYNOLDS Road, Centre Wellington is currently for sale and has been available on SousaSells for 767 days. This property is listed at $1,299,995 with an estimated mortgage of $4,327* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 81 REYNOLDS 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
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Brick
BasementFinished, Full
Lot Size50 × 112
CountyWellington
Annual Tax$5,518.93
Legal DescriptionLOT 29, PLAN 61M205 SUBJECT TO AN EASEMENT IN GROSS OVER PT 23, PL 61R20706 AS IN WC456658 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Bar Fridge, Water Heater, Water Softener

Security Features

Community Features

Location

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81 REYNOLDS Road, 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 81 REYNOLDS Road, 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$389,999 (30.0%)
* Minimum Canadian down payment required for this price is $259,999.
Amortization Period30 Years
Estimated Monthly Payment$4,327Based on a loan of $909,996 over 30 years.
Purchase Price$1,299,995
Loan Amount$909,996
Provincial Land Transfer Tax:$22,475
Total Estimated Closing Taxes:$22,475

About Purchasing a Home in Centre Wellington, ON

For a property listed at $1,299,995 in Centre Wellington, the legal minimum down payment is $259,999 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 $22,475 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 $22,475.

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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$1,142,816

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.