The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
This meticulously maintained 2,900+ sq. ft. bungalow sits on a large corner lot in a sought-after Elora neighbourhood. The open-concept main floor boasts vaulted ceilings, a gas fireplace, and a bright front sunroom, adding extra living space. The kitchen, dining, and living areas flow seamlessly, creating a spacious and functional layout. The primary bedroom includes a walk-in closet and ensuite, while a second bedroom and full bathroom complete the main level. The fully finished basement features a large, bright rec room with a second gas fireplace, two additional bedrooms, and a 3-piece bathroom. One of the bedrooms is oversized and could easily be divided into a bedroom plus office or gym space. Even the utility room is finished, offering flexibility for extra workspace. Outside, the private, fully fenced backyard includes a covered deck, providing a perfect spot for outdoor dining, relaxing, or entertaining in any season. The large yard offers plenty of space for gardens, pets, or play. Located directly across from Drimmie Park, with walking trails and a playground, this home offers a great balance of space, comfort, and outdoor enjoyment.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,333/mo
Mortgage (principal + interest)$4,863
Property taxFrom listing: $5,640/yr$470
Minimum $104,990 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$259,980
Ontario land transfer taxProvincial brackets, no first-time refund$22,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$285,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Centre Wellington has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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