5 days on Market

348 Colborne St, Elora, Ontario N0B 1S0

Detached
3 + 1
2 + 1
~1224 sqft
$849,900
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Detached
3 + 1
2 + 1
~1224 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$694/sqft

Monthly cost

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CMA Subject Property

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+75

Properties sold*

$910K

Median sold price*

*Based on last 30 days

Description

Welcome to this stunning Keating-built brick bungalow where country charm meets small-town convenience. Set on a generous 0.45-acre lot in the heart of Elora, this home is just a short walk to downtown shops, restaurants, the Cataract Trail, and the iconic Elora Quarry. Featuring 3 bedrooms and 2 bathrooms, this carpet-free home has been beautifully updated with a newer kitchen, custom backsplash, modern lighting, and gorgeous custom hardwood flooring throughout the main living, dining, and kitchen areas. The home is heated by efficient forced-air, and municipal water/sewer hookups are available if desired. The walk-up basement with separate entrance offers incredible versatility whether you're looking for an in-law suite, multi-generational living, or rental potential. A partially finished basement adds additional living space and opportunity to make it your own. Enjoy summer days in your above-ground pool with heat pump heater, relax on the private lot surrounded by mature trees, or explore the many possibilities this property offers. With a large yard, there's room for an addition, workshop, garage, and even potential for an additional driveway off Graham Street (buyer to inquire with the municipality), .This is more than just a home it's a lifestyle in one of Ontario's most sought-after communities. Don't miss your chance to own a custom-built beauty with endless potential in Elora, this one won't last long, book your showing today!


Property Details

StyleBungalow
View-
Age of property1966
SqFt~1224 SqFt
Lot Size19,836 Ac(171 x 116)
Parking Spaces11
MLS ®Number40762619
Community NameCentre Wellington
Data SourceITSO
Listing byMV Real Estate Brokerage

Features

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

Main Floor

Bathroom

4-Piece

Bedroom

3.30 x 3.07

Bedroom

3.12 x 3.53

Dining Room

3.12 x 2.84


Features

Lot size: 19,836 Ac
Pool: Above Ground
Septic Tank

Parking

Garage spaces 1

Garage type -

Other parking spaces 10

Total parking spaces 11


Property History

Aug 21, 2025
ListedActive
$849,900
5 days on market
history photo preview47
Listing by itso®

Market Data - Centre Wellington

Geo Zone Map ThumbnailCentre Wellington

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

53 days

2023

25 days

2022

33 days

New Listings

Past 30 days

93 listings

Compared to

2024

110 listings

2023

103 listings

2022

75 listings

Units sold

Past 30 days

39 units

Compared to

2024

75 units

2023

34 units

2022

44 units

Median Sold Price

Past 30 days

$833,500

Compared to

2024

$910,000

2023

$880,000

2022

$990,000


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