Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,949,000 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.
Affectionately known as the Bissel House, this is your opportunity to own a focal piece of local history. Located overlooking Bissel Park and the Grand River Valley, this home is set among mature trees on a large lot. Steps to the shops, pubs and restaurants of downtown Elora, this magnificent stone home is most recognizable for its grand front steps leading to the most amazing porch that adorns the front facade. Enter the main floor to wide central staircase creating a perfect post card setting. Grand principle rooms feature deep window sills, unique and original French door style windows, high ceilings, custom plaster finishes and wide, custom wood trim. Custom kitchen will spoil the gourmet chef and large dining room will easily host many special family occasions. Living room features character wood beams, gas fireplace and large windows flooding the space in natural light. Venture to the upper level to find 4 generous bedrooms. Amazing 5 piece bath features double vanity with leathered marble top, glass shower & separate tub. Primary bedroom boasts plenty of closet space as well as luxury 3 piece ensuite bathroom. Check out the lower level finished as potential accessory apartment or in-law set up which features spacious kitchen, living area and large bedroom with its own separate entrance. Large families passionate about historical homes and architecture will be spoiled with this great home which may also appeal to Buyers looking to operate a Class 2 Bed and Breakfast with up to 6 rooms. A most impressive home centrally located in the sought after Village of Elora, this is a rare find worth a closer look.
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Arts Centre, Fenced Yard, Park, Library, River/Stream
Central Vacuum, Guest Accommodations, Water Softener, In-Law Capability
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 84 East Mill 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 $1,949,000 in Centre Wellington, the legal minimum down payment is $389,800 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 $35,455 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 $35,455.
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.