$829,900
Est. payment $3,675/moCalculate yours
294 Colborne Street, Centre Wellington, ON N0B 1S0
Elora/Salem, Centre Wellington, ON N0B 1S0
- 2 + 2 Beds
- 3 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of M1 Real Estate Brokerage Ltd MLS® X13828912
About this home
Welcome to 294 Colborne Street, a spacious custom-built 2+2 bedroom bungalow offering generous living space across two levels in one of Elora’s most desirable neighbourhoods. Thoughtfully designed for comfortable main-floor living, the home opens to a bright front living room and formal dining room, while the large eat-in kitchen provides plenty of space for everyday meals and entertaining. At the rear of the home, a warm and inviting family room with fireplace overlooks the private backyard and offers the perfect place to relax. The main floor also features two bedrooms, including a generous primary suite with walk-in closet and 4-piece ensuite, a second full bathroom, convenient laundry room and attached double garage. Downstairs, the finished basement expands the living space with two large bedrooms, a third full bathroom and an impressive rec room with room for movie nights, games, a home gym and more. Set on a nicely landscaped, private lot close to schools and parks, this home is also just a 15-minute walk from Downtown Elora’s shops, restaurants, cafés and scenic Grand River attractions. A rare combination of space, comfort and walkable village living.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 59.71 x 118.11 Feet
- Parking
- Attached garage · 4 total
Financial
- Property Taxes
- $5,740 (2026)
Location
- Neighbourhood
- Elora/Salem
- Cross Street
- Gerrie Rd.
- Direction Faces
- North
Listing
- MLS® Number
- X13828912
- Days on Market
- 23
- Listed On
- 2026-09-25
- Possession
- flexible
- Listed By
- M1 Real Estate Brokerage Ltd
Rooms
Features
Interior
- Other
Pool
- None
- Included
- Fridge, Stove, Microwave, Dishwasher, Washer, Dryer.
- Excluded
- None.
- Rental items
- Hot Water Heater
Mortgage calculator
Estimated mortgage payment
$3,675 per month
- Principal and interest
- $3,675
- Property tax
- $478
- Condo fees
- $0
- Estimated monthly cost
- $4,153
Your mortgage
- Mortgage amount
- $663,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $438,465
Cash to close
- Down payment
- $165,980
- Land transfer tax
- $13,073
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $179,053
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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