506 James Street, Centre Wellington, ON

$2,350,000
MLS#:X12439410
3 beds
3 baths
3500-5000 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 stone and wood construction, this residence presents an exceptional opportunity offered at $2,350,000 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 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 288.98 x 295.65 ft lot
  • Features a ["full", "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, Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

A Private Riverside Retreat in the Heart of Elora- 506 James Street is an extraordinary custom-built home nestled along the Irvine River in one of Elora's most secluded neighbourhoods. Tucked away on a quiet, tree-lined street, this property offers a rare combination of total privacy and walkability to Elora's vibrant downtown.Crafted by a renowned builder, this home showcases timeless design and a thoughtful layout. Every detail inside and out has been professionally designed and maintained to the highest standardsThe homes layout is both elegant and practical, with well-proportioned principal rooms, two staircases for functional flow, and a thoughtful separation of private and shared spaces.The open-concept kitchen overlooks the dining room offering long, serene views of the beautifully landscaped front yard, saltwater pool, and river beyond.The large living room, anchored by a cozy gas fireplace, is perfect for entertaining or relaxing, with views that seamlessly blend indoor and outdoor living.The mudroom offers built in laundry and a four piece bath.Upstairs, the spacious family room features soaring ceilings, a gas fireplace, and a Juliet balcony overlooking the private side yard. The primary bedroom suite includes two walk-in closets, an ensuite, and peaceful views of the lush front yard. Two additional bedrooms offer privacy and space, sharing a beautifully updated three-piece bathroom. In addition, the lower level offers a finished recreational room. Step outside to a true backyard oasis by Creo Landscaping. The outdoor space features: a professionally built saltwater pool, multiple seating areas across tiered levels, a built-in BBQ and retractable awning for entertaining, a full Sonos sound system, stunning hand-laid dry stone walls and low-maintenance perennial gardens. Whether you're lounging by the pool, hosting dinner with family and friends, or enjoying a quiet morning coffee, every inch of the outdoor space is designed for beauty and tranquility.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2025
Sold price information is available to members only
Listed Date10/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Wood
Lot Size288.98 × 295.65 Acres
CountyWellington
Annual Tax$9,758
Legal DescriptionPT LT 15 CON 11 NICHOL - PT 1 61R10846 ; CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Arts Centre, Cul de Sac/Dead End, Greenbelt/Conservation, Library, River/Stream, Waterfront

Community Features

Location

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506 James 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 506 James 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$1,880,000
Monthly Mortgage$10,923
Property Tax (Est.)$813
Utilities & Maint.$350
Total Monthly Cost$12,086

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.