Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $669,900 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.
Enjoy stylish, low-maintenance living in one of Elora's most desirable condominium buildings. This bright and spacious unit offers an excellent layout with generous room sizes, an open main living area, and a comfortable flow throughout. Freshly painted and move-in ready, the unit features a well-appointed kitchen with great storage, ample prep space, and a brand new butler pantry that adds a custom touch and extra functionality. The living and dining area provides plenty of space to relax or entertain, with direct access to a large balcony overlooking the surrounding area. The oversized primary bedroom is a standout feature, complete with a walk-in closet and a spacious ensuite with a glass shower. A second full bathroom, in-suite laundry, and additional storage add everyday convenience. Two indoor parking spaces are included, which is a rare and valuable bonus. Located within walking distance to downtown Elora, local shops, restaurants, cafes, trails, and the Elora Mill, this is a fantastic opportunity to enjoy everything the village has to offer.
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This condo apartment located at 23 Stumpf Street, Centre Wellington is currently for sale and has been available on SousaSells for 1 day. This property is listed at $669,900 with an estimated mortgage of $2,230* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 23 Stumpf Street, Centre Wellington is in the Elora/Salem neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Storage
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Data-driven valuation for 23 Stumpf Street 206, 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 $669,900 in Centre Wellington, the legal minimum down payment is $41,990 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 $9,873 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 $9,873.
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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.