Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,479,900 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.
It doesn't get better than this! Enjoy the beauty of historic Elora, walking distance to the Grand River, trails, Shops/Restaurants in one of the most incredible homes ever to be built in this friendly community! This Keating Construction custom Bungaloft offers a fantastic floor plan AND legal, bright two bedroom basement apartment with separate entrance from the side, PLUS your very own park like yard (0.30 Acre). From the moment you enter this home you will be impressed with the attention to detail, quality of the build and "wow" factor with the open concept layout, vaulted ceiling and large picture window looking out to mature trees! Enjoy sitting on one of the three decks with a morning coffee while listening to the birds chirp. With over 4000 sq feet of finished living space, this home offers space for in laws, adult children or large family gatherings and is ideal for entertaining inside and out! Convenient main floor living with large primary bedroom (private walk out to deck) and luxury ensuite, along with a second adjacent guest bedroom on the main floor. As you enter this magnificent home you are greeted by a large foyer with soaring ceilings and a bright den at the front with French doors, which could serve as an ideal home office. Upstairs you will find another incredible space that offers two bedrooms with a full bathroom (ensuite) and sitting area that overlooks the great room with an incredible view of nature through the large windows. Main floor also offers a formal dining area which is open concept plus gourmet kitchen with breakfast bar and butlers pantry, plus two piece powder room. There is only one of these gems in Elora and it is 40 Sophia St., which is being offered for sale for the first time by its original owner! View additional photos, floor plan and video in links attached to listing. Flexible closing available for the lucky buyer of this hard to find home!
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Hospital, Park, Place Of Worship, School, School Bus Route, Library
Accessory Apartment, In-Law Capability, In-Law Suite, Air Exchanger, Auto Garage Door Remote, Guest Accommodations, Primary Bedroom - Main Floor, Water Softener, Storage
Smoke Detector, Carbon Monoxide Detectors
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Sophia 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 $1,479,900 in Centre Wellington, the legal minimum down payment is $295,980 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 $26,073 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 $26,073.
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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.