5 days on Market

503 Wellington Road 7, Elora, Ontario N0B 1S0

Detached
2 + 2
3 + 1
~2281 sqft
$1,098,000
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Detached
2 + 2
3 + 1
~2281 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$481/sqft

Monthly cost

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Description

Set well back behind mature trees at the edge of Elora, this raised bungalow has been comprehensively renovated inside and out. The main level opens beneath a vaulted ceiling, where the living and dining areas flow into a custom kitchen anchored by a ten-foot quartz island with pot filler, quartz backsplash and a full Samsung appliance suite, while sliding doors lead out to the deck and the yard beyond. Two bedrooms sit on this level, the primary comfortably proportioned with its own walk-in closet. The lower level walks out to the garden and lives as a true second living space rather than a basement, with a soundproofed media room and fireplace at its heart, two further bedrooms, a private office and a full laundry room. Much of the more than $300,000 invested here is deliberately unseen. Electrical renewed throughout, plumbing entirely replaced, spray foam insulation to ceilings and basement, a water softener and whole-home filtration with dedicated drinking water at the kitchen, and every room hardwired for internet. Outside, the yard is set up for real use, with a gas-heated pool, a deck made for long summer evenings, a fresh gravel drive and walkway, 30-amp service for a trailer or boat, and provisions for a hot tub and EV charging. All of it minutes from downtown Elora, where the shops, restaurants and the Mill sit above the Grand River, with the Gorge trails just beyond and Fergus, Guelph and Waterloo Region an easy drive.


Property Details

StyleBungalow Raised
View-
Age of property1985
SqFt~2281 SqFt
Lot Size15,540 Ac(148 x 105)
Parking Spaces10
MLS ®Number40858565
Community NameCentre Wellington
Data SourceITSO
Listing byTHE AGENCY

Features

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

Main Floor

Bathroom

2.44 x 3.23

5+ Piece

Living Room

4.44 x 3.68

Bedroom Primary

3.66 x 5.21

Walk-in Closet

Dining Room

2.82 x 4.01


Features

Lot size: 15,540 Ac
Pool: Above Ground
Septic Tank

Parking

Garage spaces 2

Garage type -

Other parking spaces 8

Total parking spaces 10


Property History

Sep 2, 2026
ListedActive
$1,098,000
5 days on market
history photo preview41
Listing by itso®
Property listed by THE AGENCY, 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

44 days

Compared to

2025

40 days

2024

26 days

2023

29 days

New Listings

Past 30 days

91 listings

Compared to

2025

77 listings

2024

122 listings

2023

102 listings

Units sold

Past 30 days

50 units

Compared to

2025

41 units

2024

54 units

2023

44 units

Median Sold Price

Past 30 days

$832,500

Compared to

2025

$855,000

2024

$755,000

2023

$850,000


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