94 Cutting Drive, Centre Wellington, ON
Property no longer active
This property was sold on March 26, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-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 $885,000 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.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 24.65 x 105.1 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Rough-In Bath
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
94 Cutting Drive is a carefully crafted semi-detached home located steps to the Cataract Trail and within walking distance to the restaurants and shops in historic downtown Elora. Built by award-winning Finoro Homes of Guelph, you will notice quality and attention to detail in every aspect of this home. Some main level highlights include 9' ceilings, ceramic wood look tile, granite countertops, upgraded lighting and a gorgeous custom built-in fireplace with shelving. Sliding doors lead to a beautiful wood deck, and fully fenced backyard area with landscaping. The upper level boasts an incredibly spacious primary suite with ensuite and walk-in closet, two additional bedrooms, and convenient upper floor laundry. California shutters throughout the upper level. Consider the possibilities that the open and unfinished lower level has to offer. Main floor walk out to single car garage. A perfect home for first time buyers, families or those looking to downsize.
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Property Summary
This detached home located at 94 Cutting Drive, Centre Wellington is currently for sale and has been available on SousaSells for 498 days. This property is listed at $885,000 with an estimated mortgage of $2,946* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 94 Cutting Drive, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Golf, School, Rec./Commun.Centre, Greenbelt/Conservation, Arts Centre, Hospital
Interior Features
Air Exchanger, Auto Garage Door Remote, Rough-In Bath, Storage, Sump Pump, Water Heater, Water Softener
Security Features
Community Features
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Location
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 94 Cutting Drive, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $885,000 in Centre Wellington, the legal minimum down payment is $63,500 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 $14,175 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 $14,175.
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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.