120 Spencer Drive, Centre Wellington, ON

$1,095,000
MLS#:X12561304
5 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $1,095,000 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
  • Generous living space spanning 2500-3000 sqft on a premium 50 x 115 ft lot
  • Features a ["finished"] 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: Auto Garage Door Remote, Carpet Free, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Beautiful, quiet family neighbourhood. This two-storey detached home offers 4+1 bedrooms, 4 baths, finished from top to bottom and located in a sought-after neighbourhood, the perfect mix of privacy and convenience. Nestled close to a park and backing onto walking trails, surrounded by tall trees and landscaped gardens, this property is a true family retreat. Step inside to a welcoming foyer open to above. Open-concept living and dining room with hardwood floors. The upgraded kitchen features custom cabinetry, newer stainless steel appliances, one of kind riverbed granite counters, a raised breakfast bar, and a sunny breakfast area with walkout to the backyard. Open concept cozy family room with fireplace, guest bathroom, and laundry with garage access complete the main floor. Upstairs, the private primary suite includes a fireplace, a massive walk-in closet, and a spa-like ensuite with soaker tub, glass shower, double vanity, and water closet (private toilet room). Three additional bedrooms with ample closets and a full bathroom provide plenty of family space.The fully finished basement adds versatility with a spacious rec room, guest or in-law bedroom, full 3-piece bathroom, plus options for a home office, gym, or extra bedroom. Outdoors, enjoy a double driveway, double garage, and a private backyard retreat with colourful gardens and a gazebo. Located just minutes to Fergus, Guelph, Waterloo/Kitchener, schools, shopping, major highway and lots of amenities around Elora & Fergus. This home is clean, bright and move-in ready.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 9, 2026
Sold price information is available to members only
Listed Date11/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Other
Lot Size50 × 115 Feet
CountyWellington
Annual Tax$6,555.39
Legal DescriptionLOT 79, PLAN 61M163 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Park, Wooded/Treed

Community Features

Location

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120 Spencer Drive, Centre Wellington, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Elorasalem, Centre Wellington.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

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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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 120 Spencer Drive, 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.

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Financial Audit

Estimated Costs

Loan Amount$876,000
Monthly Mortgage$5,090
Property Tax (Est.)$546
Utilities & Maint.$350
Total Monthly Cost$5,986

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Centre Wellington.

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.