33 Waterloo Street, Centre Wellington, ON
Property Highlights
Welcome to this remarkable Bungalow 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 $1,575,000 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 70.31 x 118 ft lot
- Features a apartment, finished, full, separate entrance 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: Accessory Apartment, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional net-zero custom-built 3+2 bdrm bungalow W/legal accessory apt & high-end finishes, just a short stroll from downtown Elora! Built as a model home, no expense was spared in showcasing the builder's craftsmanship & attention to detail. You'll be immediately impressed by stone exterior, rich blue siding, covered front porch, 2-car garage, cedar soffit accents, interlocking walkways & landscaping. Inside the main floor offers open-concept layout W/soaring ceilings, white oak hardwood & upgraded trim. Gorgeous kitchen W/white cabinetry, contrasting dark island, quartz counters, S/S appliances & W/I pantry. It flows seamlessly into dining area & great room W/expansive windows, vaulted ceilings, designer lighting & fireplace W/slat-style accent wall. Dining area offers access to covered rear porch. Main floor primary bdrm W/feature wall, W/I closet with B/I organizers & ensuite W/freestanding tub, dbl vanity & glass shower. 2 add'l bdrms, 5pc main bath & laundry room complete this level. Lower level offers rare & flex setup. Principal residence incl. rec room, add'l bdrm & 3pc bath. Separate from this area is the legal ap tW/private entrance, kitchen, living/dining area, bdrm with W/I closet, 3pc bath & laundry. Built to Net Zero standards the home is designed to produce as much energy as it consumes over the course of a yr through superior insulation, airtight construction & 10kW solar pkg. The result is exceptional energy efficiency, yr-round comfort, dramatically reduced utility cost & smaller environmental footprint. Outside enjoy covered porch, patio area, greenspace, manicured gardens & landscaping. Located in prestigious neighbourhood just down the street from Marston Park. Only10-min walk to downtown offering dining, live music, shops, Elora Mill Hotel & Spa & some of Ontario's stunning natural attractions incl. Elora Quarry & Gorge. W/continued growth in the area this is not only a beautiful place to call home but also an excellent long-term investment
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Key Features
Additional Details
Property Details
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Features
Property Features
Library, Park, Public Transit, Hospital, Rec./Commun.Centre, School
Interior Features
Accessory Apartment, In-Law Suite
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Location
Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 33 Waterloo 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.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,575,000 in Centre Wellington, the legal minimum down payment is $315,000 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 $27,975 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 $27,975.
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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.