88 William Street, Centre Wellington, ON

$774,900
MLS#:X8418044
4 beds
2 baths
1100-1500 sqft
9.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium aluminum siding and brick front construction, this residence presents an exceptional opportunity offered at $774,900 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 98.14 x 131.79 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Amazing raised bungalow nestled on a sprawling, secluded lot boasting mature trees and breathtakingperennial gardens. Conveniently situated steps away from Irvine and Grand Rivers, parks, schools, and thecharming shops and restaurants of historic downtown Elora. Ample driveway space accommodates storageand vehicles with ease. Entertain effortlessly in the inviting living and dining areas, complemented by a wellappointed kitchen boasting abundant cupboard and counter space. Step out onto the expansive wood deck tosavor a glass of wine while soaking in panoramic summer sunset vistas. Three generous bedrooms ensureample space for family living. The finished lower level offers a spacious rec room adorned with large windowsand a cozy gas fireplace. A nearby bedroom provides ideal privacy for teenagers seeking their own retreat.Enhance convenience with the addition of a lower level bathroom and den/office space. Main floor walkout toa single attached garage, perfect for hobbies or storage. Discover the ultimate outdoor oasis in the rear yard,complete with a private patioideal for gathering around the campfire

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Property Summary

This detached home located at 88 William Street, Centre Wellington is currently for sale and has been available on SousaSells for 765 days. This property is listed at $774,900 with an estimated mortgage of $2,579* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 88 William 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
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 24, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding, Brick Front
BasementFull, Finished
Lot Size98.14 × 131.79 Feet
CountyWellington
Annual Tax$4,386
Legal DescriptionPT LT A SE/S OF WILLIAM ST PL 75 NICHOL; PT LT 1 SE/S OF WILLIAM ST PL 75 NICHOL; PT LT 2 SE/S OF WILLIAM ST PL 75 NICHOL PT 1, 61R711; CENTRE WELLINGTON

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Water Heater

Security Features

Community Features

Location

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88 William 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 88 William 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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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$232,470 (30.0%)
* Minimum Canadian down payment required for this price is $52,490.
Amortization Period30 Years
Estimated Monthly Payment$2,579Based on a loan of $542,430 over 30 years.
Purchase Price$774,900
Loan Amount$542,430
Provincial Land Transfer Tax:$11,973
Total Estimated Closing Taxes:$11,973

About Purchasing a Home in Centre Wellington, ON

For a property listed at $774,900 in Centre Wellington, the legal minimum down payment is $52,490 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 $11,973 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 $11,973.

Similar Listings Nearby

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.