$499,900
↓ $50,000 from $549,900
Est. payment $2,213/moCalculate yours
Vacant Lot Wellington Rd 7, Centre Wellington, ON N0B 1S0
Elora/Salem, Centre Wellington, ON N0B 1S0
Listing courtesy of M1 Real Estate Brokerage Ltd MLS® X13690424
About this home
A rare opportunity to build your dream home on a private, mature 0.84-acre lot just outside Elora on Wellington Road 7. Tucked well back from the road down a long driveway and surrounded by established trees, this beautiful property offers privacy and a peaceful country setting just minutes from the shops, restaurants, cafés and amenities of Elora and Fergus.Pinestone Construction has completed renderings for the property and is ready to consult with buyers or bring the vision to life with a custom build. Known for quality custom homes throughout Centre Wellington, Pinestone Construction can assist if needed with everything from design and planning through construction and finishing selections. Enjoy the best of country living with the Grand River, Elora Gorge, trails and outdoor recreation all nearby. Bring your own plans or explore the existing vision-an exceptional opportunity to create a custom home in one of Centre Wellington’s most sought-after areas.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Price Change
Lot & Parking
- Lot Size
- 23 x 574 Feet
Location
- Neighbourhood
- Elora/Salem
- Cross Street
- 1 Line X Wellington Rd 7
- Direction Faces
- East
Listing
- MLS® Number
- X13690424
- Days on Market
- 60
- Listed On
- 2026-08-19
- Possession
- Flexible
- Listed By
- M1 Real Estate Brokerage Ltd
Mortgage calculator
Estimated mortgage payment
$2,213 per month
- Principal and interest
- $2,213
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $2,213
Your mortgage
- Mortgage amount
- $399,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,115
Cash to close
- Down payment
- $99,980
- Land transfer tax
- $6,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,453
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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