$1,575,000
Est. payment $6,974/moCalculate yours
33 Waterloo Street, Centre Wellington, ON N0B 1S0
Elora/Salem, Centre Wellington, ON N0B 1S0
- 3 + 2 Beds
- 4 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of RE/MAX Real Estate Centre Inc MLS® X13548622
About this home
Exceptional net-zero custom-built 3+2 bdrm bungalow W/legal accessory apt & high-end finishes, just a short stroll from downtown Elora! Built as a model home, no expense was spared in showcasing the builder’s craftsmanship & attention to detail. You’ll be immediately impressed by stone exterior, rich blue siding, covered front porch, 2-car garage, cedar soffit accents, interlocking walkways & landscaping. Inside the main floor offers open-concept layout W/soaring ceilings, white oak hardwood & upgraded trim. Gorgeous kitchen W/white cabinetry, contrasting dark island, quartz counters, S/S appliances & W/I pantry. It flows seamlessly into dining area & great room W/expansive windows, vaulted ceilings, designer lighting & fireplace W/slat-style accent wall. Dining area offers access to covered rear porch. Main floor primary bdrm W/feature wall, W/I closet with B/I organizers & ensuite W/freestanding tub, dbl vanity & glass shower. 2 add’l bdrms, 5pc main bath & laundry room complete this level. Lower level offers rare & flex setup. Principal residence incl. rec room, add’l bdrm & 3pc bath. Separate from this area is the legal ap tW/private entrance, kitchen, living/dining area, bdrm with W/I closet, 3pc bath & laundry. Built to Net Zero standards the home is designed to produce as much energy as it consumes over the course of a yr through superior insulation, airtight construction & 10kW solar pkg. The result is exceptional energy efficiency, yr-round comfort, dramatically reduced utility cost & smaller environmental footprint. Outside enjoy covered porch, patio area, greenspace, manicured gardens & landscaping. Located in prestigious neighbourhood just down the street from Marston Park. Only10-min walk to downtown offering dining, live music, shops, Elora Mill Hotel & Spa & some of Ontario’s stunning natural attractions incl. Elora Quarry & Gorge. W/continued growth in the area this is not only a beautiful place to call home but also an excellent long-term investment
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Apartment, Finished, Full, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 70.31 x 118 Feet
- Parking
- Attached garage · 4 total
- Zoning
- R1B
Financial
- Property Taxes
- $7,334 (2026)
Location
- Neighbourhood
- Elora/Salem
- Cross Street
- York St E
- Direction Faces
- South
Listing
- MLS® Number
- X13548622
- Days on Market
- 100
- Listed On
- 2026-07-10
- Possession
- Flexible
- Listed By
- RE/MAX Real Estate Centre Inc
Rooms
Features
Interior
- Accessory Apartment
- In-Law Suite
Property
- Library
- Park
- Public Transit
- Hospital
- Rec./Commun.Centre
- School
Pool
- None
- Included
- Fridge X2, Stove X2, Washer X2, Dryer X2, Dishwasher X2
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$6,974 per month
- Principal and interest
- $6,974
- Property tax
- $611
- Condo fees
- $0
- Estimated monthly cost
- $7,585
Your mortgage
- Mortgage amount
- $1,260,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $832,128
Cash to close
- Down payment
- $315,000
- Land transfer tax
- $27,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $342,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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