193 Melville Street, Centre Wellington, ON

$1,185,000
MLS#:X12757102
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,185,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 79.55 x 118.96 ft lot
  • Features a ["full", "partially finished", "exposed rock"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Bar Fridge, Brick & Beam, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Own a Storybook Life in the Heart of Elora - With Income Potential Built In. This isn't just a home - it's a feeling, a rhythm, a lifestyle. And uniquely, it's one that offers the opportunity to be paid back for living it. With a fully converted garage that functions as a private suite, creative hideaway, or income opportunity, this century-old treasure blends storybook charm with smart potential in a way that's increasingly rare - especially in the heart of Elora. Inside, the magic is immediate. Hardwood floors glow in the sunlight, cozy nooks invite quiet mornings, and a wood-burning stove fills the space with gentle warmth. Three bedrooms, two baths, and thoughtful updates make living effortless, yet it's the soul of the home that truly steals your heart - whimsical, inviting, and utterly charming. Every room hums with personality, encouraging you to slow down, linger, and feel at home. Step outside and the story continues. Wander Elora's historic streets, linger in its cafés and boutiques, follow the river's edge, or lose yourself on nearby trails - all just moments from your door. It's the kind of walkable village life people dream about, where beauty, nature, and community shape everyday moments. Out back, the fully converted garage quietly expands what's possible. A private suite for guests, a creative retreat, or a meaningful source of income - proof that a home can feel like a warm hug and work for you at the same time. This is more than a house. It's a piece of Elora's magic - a lifestyle, a story, and a smart opportunity waiting to be lived.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 20, 2026
Sold price information is available to members only
Listed Date2/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Wood
Lot Size79.55 × 118.96 Feet
CountyWellington
Annual Tax$5,048.4
Legal DescriptionLT 124 PL 181 NEW SURVEY ELORA; PT LT 126 PL 181 NEW SURVEY ELORA AS IN RO718722 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Community Features

Location

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193 Melville Street, Centre Wellington, ON
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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 193 Melville Street, 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$948,000
Monthly Mortgage$5,508
Property Tax (Est.)$421
Utilities & Maint.$350
Total Monthly Cost$6,279

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.