245 Mary Street, Centre Wellington, ON

$749,900
MLS#:X12418936
4 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] 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 $749,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 68.73 x 115.7 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Floor Drain
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Located on an oversized, private lot, close to schools, parks, amenities and historic downtown Elora, this lovely bungalow offers tons of value. Nicely updated throughout, this bungalow boasts hardwood floors, 3 main floor bedrooms, a large living room with huge bay window and dining room walkout to a massive rear wood deck. Outside the over-sized lot with deck ,swimming pool, sauna and fully fenced yard offers a tremendous atmosphere of peace and privacy. A separate side entrance services the lower level which is currently finished as an apartment. Perfect in-law set up or potential to offset mortgage payments with rent. 2nd kitchen, rec-room and den currently used as bedroom with gas fireplace make for a great accessory apartment or can be easily converted back to single family living. Steel roof will last a lifetime and lean-to offers plenty of extra storage space.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 6, 2025
Sold price information is available to members only
Listed Date9/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Wood
Lot Size68.73 × 115.7 Feet
CountyWellington
Annual Tax$4,181.33
Legal DescriptionLT 186 PL 181 NEW SURVEY ELORA; CENTRE WELLINGTON

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeOther

Heating & Cooling

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

Features

Property Features

Arts Centre, Fenced Yard, Hospital, Library, Park, Place Of Worship

Community Features

Location

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245 Mary 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 245 Mary 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$599,920
Monthly Mortgage$3,486
Property Tax (Est.)$348
Utilities & Maint.$350
Total Monthly Cost$4,184

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.