
294 Colborne Street
Centre Wellington (Elora/Salem), ON N0B 1S0
- 2+2Bedrooms
- 3Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $5,740Tax
- 60×118 ftLot Size
- Estimated Value:$899,351See Free Estimate Report
Sale & Price History for 294 Colborne Street, Centre Wellington, Elora/Salem
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $329,900 over $500K
$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 |
Land Transfer Tax
$13,073
$13,073
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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