8 days on Market

106 Cutting Dr, Elora, Ontario N0B 1S0

Detached
2 + 2
3
~3130 sqft
$1,225,000
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Detached
2 + 2
3
~3130 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$391/sqft

Monthly cost

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CMA Subject Property

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+55

Properties sold*

$900K

Median sold price*

*Based on last 30 days

Description

Welcome to 106 Cutting Drive, Elora, a stunning, move-in ready bungalow that masterfully blends modern luxury with serene privacy. Nestled on a spacious corner lot, this home is beautifully fenced, offering both elegance and seclusion. With over 3000 sqft of finished living space, this residence features 2 + 2 bedrooms, 3 full bathrooms, and a fully finished basement, creating a layout that’s as comfortable as it is versatile. It’s well-suited for families, professionals, or even multigenerational living. Step inside to discover an open-concept design filled with natural light, sleek finishes, and a gas fireplace anchoring the living room. It’s the perfect setting for cozy evenings. The kitchen is modern and functional, centered around a welcoming island and plenty of smart storage, ideal for everyday living or entertaining friends. The finished lower level adds a whole new dimension to the home, with additional bedrooms, a full bath, and generous open space that can serve as a recreation area, guest suite, or even home office setup. Practical touches abound, from the 2-car garage to the ample driveway parking, making hosting a breeze. Outdoors, enjoy your own private retreat. The expansive fenced yard provides room for gardens, play areas, or peaceful evenings under the stars. All of this sits on a corner lot that maximizes space, light, and flexibility. When you step outside the gate, Elora’s charm is right at your fingertips. You’re just minutes from scenic walking trails like the Bissell Loop and Riverwalk paths, as well as the dramatic Elora Gorge Conservation Area with its limestone cliffs and stunning views. The Elora Cataract Trailway offers longer routes for biking or country strolls. And of course, downtown Elora, with its historic streets, galleries, cafes, and boutiques, is only a short drive or pleasant walk away.


Property Details

StyleBungalow
View-
Age of property2021
SqFt~3130 SqFt
Lot Size-
Parking Spaces8
MLS ®Number40777693
Community NameCentre Wellington
Data SourceITSO
Listing byHouseSigma Inc. Brokerage

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Main Floor

Living Room

4.67 x 6.86

Kitchen

3.38 x 3.71

Dining Room

3.38 x 3.84

Bedroom Primary

3.73 x 6.22


Features

Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 6

Total parking spaces 8


Market Data - Centre Wellington

Geo Zone Map ThumbnailCentre Wellington

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

29 days

2023

33 days

2022

36 days

New Listings

Past 30 days

104 listings

Compared to

2024

149 listings

2023

129 listings

2022

92 listings

Units sold

Past 30 days

45 units

Compared to

2024

55 units

2023

51 units

2022

45 units

Median Sold Price

Past 30 days

$997,500

Compared to

2024

$900,000

2023

$879,900

2022

$800,000


Population and Demographics

Overview

Total population 31158
Average household income $139,569

Age (%)

0 to 19
23%
20 to 34
16%
35 to 49
18%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
74%
Single person
24%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
93%
Others
5%
Dutch
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget