57 Water Street, Centre Wellington, ON

$799,900
MLS#:X13503258
3 beds
3 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Added:Jun 29, 2026(65 days ago)
Updated:Aug 28, 2026(5 days ago)
Last Checked:24 minutes ago

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 66 x 136.62 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater Owned, Water Softener, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in one of Elora's most sought-after neighbourhoods, this beautifully maintained home offers an exceptional blend of comfort, style, and versatility. Thoughtfully updated throughout, it's the perfect place to settle into one of Ontario's most beloved small-town communities.At the heart of the home is a stunning, fully renovated chef's kitchen overlooking a private backyard oasis. Designed for both everyday living and effortless entertaining, the kitchen flows seamlessly to an impressive 500-square-foot covered patio, creating an inviting outdoor living space surrounded by mature greenery. The finished lower level adds incredible flexibility, featuring a welcoming recreation room with a cozy gas fireplace, a spacious guest bedroom, a full three-piece bathroom, and a large studio workshop with its own private entrance. Whether you're an artist, hobbyist, work-from-home professional, or looking for future in-law or income suite potential, this versatile space offers endless possibilities.Extensive recent updates provide true peace of mind, including a new furnace and ductwork, central air conditioning, a renovated kitchen and three updated bathrooms, water treatment system, updated flooring, and fresh paint throughout. Every detail has been thoughtfully completed, making this home truly move-in ready.Enjoy the very best of the Elora lifestyle just a short stroll from your front door. Explore the village's renowned restaurants, cafés, boutiques, galleries, and scenic trails, or spend your weekends at nearby Bissell Park, home to the popular summer farmers' market and peaceful riverside views along the Grand River.This is more than a home-it's an opportunity to embrace the charm, character, and vibrant community that make Elora one of Ontario's most desirable places to call home.

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Property Summary

This detached home located at 57 Water Street, Centre Wellington is currently for sale and has been available on SousaSells for 65 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 3 bathrooms, and is 700-1100 square feet. 57 Water Street, Centre Wellington is in the Elora/Salem neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Elora/Salem, Centre Wellington.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Centre Wellington.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJun 29, 2026 (65 days ago)
UpdatedAug 28, 2026 (5 days ago)
Last Checked24 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Aluminum Siding
BasementSeparate Entrance, Finished
Lot Size66 × 136.62 Feet
CountyWellington
Annual Tax$4,244.68
Legal DescriptionLT 4 SE/S WATER ST PL 181 ELORA CENTRE WELLINGTON

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Park
  • Rec./Commun.Centre
  • River/Stream
  • Arts Centre

Interior Features

  • Water Heater Owned
  • Water Softener
  • Water Treatment

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 57 Water Street, Centre Wellington, ON

Q.What is the asking price for 57 Water Street, Centre Wellington, ON ?

The current listing price for 57 Water Street, Centre Wellington, ON in Elora/Salem, Centre Wellington is $799,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 57 Water Street, Centre Wellington, ON ?

57 Water Street, Centre Wellington, ON is a Detached (Bungalow-Raised) featuring a Separate Entrance, Finished basement.

Q.What key property features does 57 Water Street, Centre Wellington, ON offer?

Key property features include: Hospital, Library, Park, Rec./Commun.Centre, River/Stream, Arts Centre.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, Water Softener, Water Treatment.

Q.What security features are installed at 57 Water Street, Centre Wellington, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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57 Water Street, Centre Wellington, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Elorasalem, Centre Wellington

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 57 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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $799,900 in Centre Wellington, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Centre Wellington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.

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Elora/Salem, Centre Wellington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,131,682

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%

Best Schools in Elora/Salem, Centre Wellington

Elementary Schools

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Secondary Schools

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Elora/Salem, Centre Wellington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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