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.
A green-space backdrop, generous main-floor living and a finished walkout lower level make this Elora bungalow a standout. Built by Wrighthaven Homes in 2010, the home offers three main-floor bedrooms plus a fourth bedroom downstairs, three full bathrooms and an attached double garage. A sunken living room adds character to the main floor, while the dining area and white kitchen create an inviting setting for everyday life and entertaining. Stainless-steel appliances, a raised breakfast bar and sliding doors to the deck make the kitchen both practical and welcoming. The primary bedroom features a walk-in closet and four-piece ensuite, and main-floor laundry adds everyday convenience. Downstairs, a family room with a gas fireplace, a spacious recreation room, a fourth bedroom and a three-piece bathroom offer room for guests, hobbies and relaxed evenings at home. Walk out to the lower covered deck and landscaped backyard, or enjoy the greenery from the upper deck. A shed and generous storage areas add useful space, with parking for four vehicles in the driveway plus two in the garage. Updates include roof shingles (2021), central vacuum and components (2023), primary-bedroom carpet and stove (2024), and an owned water softener (2025). A comfortable, flexible home with a peaceful outlook in Elora.
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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$4,225/mo
Mortgage (principal + interest)$3,741
Property taxFrom listing: $5,818/yr$485
Minimum $74,990 down for this price; the slider moves in whole percent, starting at 8%. 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$199,980
Ontario land transfer taxProvincial brackets, no first-time refund$16,473
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$219,253
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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