Listed for:Listed Sep 25, 2026
$829,900

294 Colborne Street

Centre Wellington (Elora/Salem), ON N0B 1S0

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 294 Colborne Street, Centre Wellington, Elora/Salem

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 294 Colborne Street, Centre Wellington, Elora/Salem

Summarized Description

  • Spacious custom-built 2+2 bedroom bungalow
  • Finished basement with two large bedrooms
  • Generous primary suite with ensuite and walk-in closet
  • Large eat-in kitchen for entertaining
  • Private backyard with landscaped lot
  • Close to schools, parks, and Downtown Elora
  • Comfortable main-floor living with inviting family room
  • Attached double garage for convenience

Welcome to 294 Colborne Street, a spacious custom-built 2+2 bedroom bungalow offering generous living space across two levels in one of Elora's most desirable neighbourhoods. Thoughtfully designed for comfortable main-floor living, the home opens to a bright front living room and formal dining room, while the large eat-in kitchen provides plenty of space for everyday meals and entertaining. At the rear of the home, a warm and inviting family room with fireplace overlooks the private backyard and offers the perfect place to relax. The main floor also features two bedrooms, including a generous primary suite with walk-in closet and 4-piece ensuite, a second full bathroom, convenient laundry room and attached double garage. Downstairs, the finished basement expands the living space with two large bedrooms, a third full bathroom and an impressive rec room with room for movie nights, games, a home gym and more. Set on a nicely landscaped, private lot close to schools and parks, this home is also just a 15-minute walk from Downtown Elora's shops, restaurants, cafés and scenic Grand River attractions. A rare combination of space, comfort and walkable village living.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,740
Land Transfer Tax Fee
$13,073

Rental Items

Rental Equipment
Hot Water Heater
Under Contract
Hot Water Heater

Basement Type
Full, Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Other
Fireplace/Stove
Yes
Fireplace Features
Family Room
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
59.71 ft
Lot Depth
118.11 ft

Inclusions

Inclusions
Fridge, Stove, Microwave, Dishwasher, Washer, Dryer.

Exclusions

Exclusions
None.

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 2
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Basement level
  • Recreation—
    Basement level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Laundry—
    Main level
  • Bathroom—
    Main level
  • Mud Room—
    Basement level
  • Family Room—
    Main level
  • Foyer—
    Main level
  • Bathroom—
    Basement level
  • Bedroom—
    Basement level
  • Breakfast—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Main
  • 3-piece, Basement

Municipality
Centre Wellington
Neighbourhood
Elora/Salem
Main cross streets
Gerrie Rd.
Directions
Turn onto east Colborne St. from Geddes

MLS® number
X13828912
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-25
Updated on
2026-09-25
Days on market
30 days
Possession type
60-89 days
Co-op commission
2% of sale price +HST
Seller
Listed by
M1 Real Estate Brokerage Ltd

Home Market Value

Current home valuation for 294 Colborne Street, Centre Wellington, Elora/Salem, Centre Wellington, ON. Listed for $829,900

HOMEH Estimate

?

$899,351

Estimated Sales Range

?

$710,487 - $1,088,215

HOMEH Estimate for 294 Colborne Street, Centre Wellington, Elora/Salem

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$899,351Medium confidence
Based on 5 comparable properties
− $69,451 (8%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Centre Wellington, ON
Minimum Down Payment Required:7.0%

5% on first $500K + 10% on $329,900 over $500K

Minimum down payment

$57,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$30,872$23,154$19,752$0
=Total mortgage
$802,679$770,064$725,167$663,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,919monthly$3,760monthly$3,541monthly$3,242monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$13,073

Total Land Transfer Tax

$13,073

Around this home

2/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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6.9 /10

St Mary

Private·elementary·770m

6.2 /10

Elora

Public·elementary·1.3km

6.9 /10

Salem

Public·elementary·2.0km

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