1 day on Market

550 Elora St, Centre Wellington, Ontario N1M 1Y8

Detached
3 + 2
3
~1100-1500 sqft
$929,000
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Detached
3 + 2
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$732/sqft

Est. Mortgage$3,990/mo

Tax Amount (2024)$4,401/yr

Days On Market1 day


Description

Don't miss this incredible opportunity to own a versatile and well-maintained 5 bedroom, 3 bathroom legal duplex situated on a generous lot with mature trees, in a highly desirable neighbourhood. Whether you're looking for an investment property or multi-generational living, this home offers endless potential. The property features a 4-car driveway and 2-car garage, providing ample parking and storage. Inside, each unit offers a comfortable and functional layout with bright living spaces, one with updated kitchen, and spacious bedrooms. Enjoy outdoor living with a large backyard perfect for entertaining and gardening. Situated within walking distance to downtown shops, restaurants, and amenities, with easy access for commuters heading out of town.


Property Details

StyleBungalow
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size9,680 SqFt(121 x 80)
Parking Spaces6
MLS ®NumberX12241765
Community NameCentre Wellington
Data SourceTRREB
Listing byeXp Realty

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment

Bsmt Floor

Kitchen

5.25 x 2.18

Living

3.26 x 4.21

Bathroom

2.4 x 2.95

4 Pc Bath

4th Br

3.11 x 5.0


Features

Lot size: 9,680 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Jun 24, 2025
ListedActive
$929,000
1 day on market
history photo preview48
Listing by trreb®
Property listed by eXp Realty, 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