68 WATER Street, Centre Wellington, ON

$1,549,900
MLS#:X10875797
4 beds
3 baths
2500-3000 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Other"] detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stucco (plaster) and wood construction, this residence presents an exceptional opportunity offered at $1,549,900 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 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 66 x 175.1 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other, Upgraded Insulation, Bar Fridge
  • equipped with ["wall unit(s)"] central cooling and highly efficient forced air heating via gas

Very rare opportunity to live on one of the most picturesque and desirable locations in Elora! This spectacular Riverfront lot showcases mature trees, professional landscaping and a stunning backyard feat. Gorgeous Views of The Grand as well as tiered Riverside and Patio Seating Areas, a Firepit, huge Deck and a Juliet Balcony that gazes out over the River. Luxuriate in long summer days in your secluded oasis on the banks of The Grand, while living only a short walk to everything the beautiful Village of Elora has to offer! This spacious 4 bdrm 3.5 bath sidesplit has been meticulously maintained and blends in flawlessly with its beautiful surroundings. Enter the elegantly decorated 2711 sqft home through a custom stained glass entrance. Local art decorates the walls. A lovely Living Room with a Picture Window invites you to cozy up beside the Fireplace and take in the views of the Secluded Gardens out front. Off the Living Room you'll find a Library/Den with views of the beautifully treed Backyard, its lovely Pond and the River beyond. The spacious main also has a bright eat in Kitchen and a Formal Dining Room both w/ sliding doors leading to a spectacular Deck, as well as Main Floor Laundry & 4pce Bathroom. The views from the Elevated Deck with its Built In Hot Tub and the gorgeous park-like Backyard itself have to been seen to be believed. Steps down from the main floor you'll find an Open Concept Finished Basement feat. a dream Recreation Room that includes a Wine Cellar, Full Bar, Games Room complete w/ Pool Table and Shuffleboard, as well as a Family Room & 3pce bathroom. The upstairs holds a 4pce bath and 4 Bedrooms, including a stunningly spacious Primary Bedroom w/ a large 5pce Ensuite, huge Dressing Room/Den and a picture perfect Juliet Balcony offering the ideal place to watch the sunset over the River w/ a glass of wine in hand! Book your showing today and fulfill your dream of living on your own private waterfront oasis just steps from downtown Elora!

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 12, 2025
Sold price information is available to members only
Listed Date10/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStucco (Plaster), Wood
Lot Size66 × 175.1 Feet
CountyWellington
Annual Tax$6,029
Legal DescriptionLt 8 NW/S Water St Pl 181 Elora

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Wall Unit(s)"]

Features

Property Features

Lake/Pond

Community Features

Location

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68 WATER Street, 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 68 WATER Street E, 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$1,239,920
Monthly Mortgage$7,204
Property Tax (Est.)$502
Utilities & Maint.$350
Total Monthly Cost$8,056

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.