2 days on Market

128 Wellington Road 7 Rd, Centre Wellington, Ontario N0B 1S0

Detached
3
3
~2500-3000 sqft
$1,850,000
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Detached
3
3
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$678/sqft

Est. Mortgage$7,945/mo

Tax Amount (2025)$8,610/yr

Days On Market2 days


Description

This one-of-a-kind property is ideal for home-based entrepreneurs and investors. Plans to extend town services past the property opens up a world of possibilities. Set on 1.8 prime acres on the edge of Elora, this architecturally gem of a building has been completely renovated and reimagined by the current owners to offer both stunning residential space and versatile commercial potential.The upper level boasts over 2,500 square feet of beautifully finished, open-concept living with soaring 13-foot ceilings, original hardwood floors, and an abundance of natural light. A chefs kitchen anchors the space, while the expansive primary suite offers a private retreat. Two additional bedrooms and a full bath complete the residential layout. Recent upgrades include two large new windows, a brand-new front door, and updated stone and vinyl siding for a modern, refreshed exterior. The lower level, also above grade, features more than 1,700 square feet of open-span finished space perfect for a workshop, studio, rec room or business. It includes two oversized garage bays, a utility/storage bay, and a bathroom. With the proper approvals, this level could potentially be converted into a residential rental unit. In total, the property offers over 4,200 square feet of usable space. Two separate paved driveways and a large rear parking area provide ample room for vehicles, clients, or equipment. A generous green space out back offers potential for an accessory structure and now features a new above-ground pool, perfect for relaxing or entertaining.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size70,928 SqFt(572 x 124)
Parking Spaces24
MLS ®NumberX12238392
Community NameCentre Wellington
Data SourceTRREB
Listing byM1 Real Estate Brokerage Ltd

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O, Sep Entrance

Features

Lot size: 70,928 SqFt
Pool: Abv Grnd

Parking

Garage spaces 4

Garage type Attached

Other parking spaces 20

Total parking spaces 24


Property History

Jun 22, 2025
ListedActive
$1,850,000
2 days on market
history photo preview50
Listing by trreb®
Property listed by M1 Real Estate Brokerage Ltd, Brokerage

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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

34 days

Compared to

2024

27 days

2023

30 days

2022

16 days

New Listings

Past 30 days

120 listings

Compared to

2024

137 listings

2023

112 listings

2022

127 listings

Units sold

Past 30 days

47 units

Compared to

2024

67 units

2023

60 units

2022

81 units

Median Sold Price

Past 30 days

$865,000

Compared to

2024

$834,000

2023

$867,000

2022

$1,050,000


Population and Demographics

Overview

Total population 31158
Average household income $139,569

Age (%)

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

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