Gurvinder Nokwal REALTOR®
For Sale Detached 37 days on market

$899,900

Est. payment $3,985/moCalculate yours

120 Wellington 7 Road, Centre Wellington, ON N0B 1S0

Elora/Salem, Centre Wellington, ON N0B 1S0

  • 2 Beds
  • 1 Baths
  • 1 Garage
  • 1,100 Sq Ft

Listing courtesy of M1 Real Estate Brokerage Ltd MLS® X13778402

About this home

Acreage today. Potential for tomorrow. Set on approximately 2.4 acres in Elora, 120 Wellington Road 7 combines an existing two-bedroom bungalow, a heated detached workspace and an unusually deep property with the opportunity to explore one additional rear flag lot. Preliminary planning correspondence identified a possible two-lot arrangement, with a retained front parcel and a new lot behind, subject to current planning, servicing and access approvals. The accompanying aerial concept illustrates the idea; it is not an approved severance or survey. Centre Wellington’s master plan identifies future municipal water and wastewater infrastructure along Wellington Road 7. The development concept illustrates one possible residential vision for the property’s longer-term potential, subject to feasibility and approvals. Enjoy the property as it stands while considering its next chapter. The home offers a generous living room, separate dining area, kitchen, main-floor laundry, a small den and one four-piece bathroom. A heated detached workspace adds flexibility for personal projects or working from home. An established orchard of apple and pear trees and mature plantings bring character to the grounds. Natural gas and electricity serve the property; the furnace, water heater and water softener are owned. For buyers seeking room to spread out today and a meaningful opportunity to investigate future severance, this property brings the home, land and possibilities together just minutes from the heart of Elora.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
Crawl Space

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
90 x 572 Feet
Parking
Attached garage · 7 total
Zoning
R

Financial

Property Taxes
$4,870 (2026)

Location

Neighbourhood
Elora/Salem
Cross Street
Speers Rd.
Direction Faces
East

Listing

MLS® Number
X13778402
Days on Market
37
Listed On
2026-09-11
Possession
60-90 days
Listed By
M1 Real Estate Brokerage Ltd

Rooms

Room Level Dimensions
Office Main 11′ 4″ × 23′ 5″
Bathroom Main 5′ 8″ × 4′ 11″
Primary Bedroom Main 16′ 0″ × 12′ 1″
Laundry Main 19′ 3″ × 7′ 7″
Living Room Main 11′ 9″ × 19′ 3″
Dining Room Main 12′ 10″ × 9′ 11″
Bedroom Main 11′ 0″ × 11′ 7″
Den Main 5′ 7″ × 5′ 0″
Kitchen Main 18′ 10″ × 8′ 2″

Features

Interior

  • None

Pool

  • None
Included
Fridge, Stove, Dishwasher, Washer, Dryer.

Mortgage calculator

Minimum for this price: $64,990 (7.22%)

Amortization, years

Estimated mortgage payment

$3,985 per month

Principal and interest
$3,985
Property tax
$406
Estimated monthly cost
$4,390

Your mortgage

Mortgage amount
$719,920
Mortgage insurance
Not needed
Interest over 25 years
$475,449

Cash to close

Down payment
$179,980
Land transfer tax
$14,473
Total, before legal fees
$194,453
Talk to me about financing

Estimates 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

120 Wellington 7 Road, Centre Wellington, ON N0B 1S0 Elora/Salem, Centre Wellington, ON N0B 1S0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$899,900 120 Wellington 7 Road, Centre Wellington, ON N0B 1S0
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