Unit 2, 5 Mill Street
Centre Wellington (Elora/Salem), ON N0B 1S0
- 2Bedrooms
- 2Bathrooms
- 0Parking
- 1000–1199Sq Ft
- $4,496Tax
- $275/moCondo Fee
Estimated Value:$511,000See Free Estimate Report
This home has sold. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for Unit 2, 5 Mill Street, Centre Wellington, Elora/Salem
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-29 | 2026-06-09 | Login to See Prices | Sold | x13057832 |
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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 Unit 2, 5 Mill Street, Centre Wellington, Elora/Salem
Summarized Description
- Stylish two-storey condo in downtown Elora.
- Open concept layout with bright natural light.
- Private deck/patio for outdoor enjoyment.
- Upper-level laundry for convenience.
- South facing exposure enhances brightness.
- Close to shops, cafes, and the Grand River.
- Ideal for personal use or investment.
- Access to shared riverside seating area.
Stylish two-storey condo in the heart of of downtown Elora, just steps to boutique shops, cafes, restaurants, the Grand River and iconic spots like Elora Mill, The Elora Gorge and Bissell Park. This bright unit features an open concept layout, two spacious bedrooms and convenient upper-level laundry. Enjoy incredible natural light with sought after south facing exposure, along with your own private deck/patio and access to a shared riverside seating area. A rare opportunity to own in one of Ontario's most charming and vibrant communities-ideal for both personal use and long-term investment, where lifestyle, location and value come together.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,496
- Land Transfer Tax Fee
- $8,435
Condo/Maintenance Fee
- Maintenance Fee
- $275 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
Rental Items
- Under Contract
- Hot Water Heater
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite, Laundry Closet
- Laundry Level
- Upper Level
- Interior Extras
- Separate Heating Controls, Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater
- View
- Clear, Downtown
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
- Exterior Extras
- Deck, Landscaped, Patio, Year Round Living
Building Amenities
- BBQs Allowed
- Bike Storage
Building
- Building Type
- Condo Apartment
- Building Style
- 2-Storey
- Condo Corp Number
- 255
Construction
- Exposure
- South
- Exterior Finish
- Brick, Stone
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, stove, built-in microwave, dishwasher, stackable washer and dryer, all existing light fixtures and window coverings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bathroom—Main level, 2 Pc Bath
- Dining Room—Main level
- Kitchen—Main level
- Living Room—Main level
- Bathroom—Upper level, 4 Pc Bath
- Bedroom—Upper level
- Bedroom—Upper level
- Utility Room—Upper level
Washrooms
- 2-piece, Main
- 4-piece, Second
- Municipality
- Centre Wellington
- Neighbourhood
- Elora/Salem
- Main cross streets
- Mill st and Metcalfe St
- Directions
- Mill St E between Metcalfe and Geddes
- MLS® number
- X13057832
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-09
- Listed on
- 2026-04-29
- Days on market
- 41 days
- Possession date
- 2026-07-30
- Possession type
- Immediate
- Co-op commission
- 2.5%
- Seller
- Listed by
- BOSLEY REAL ESTATE LTD.
Home Market Value
Current home valuation for Unit 2, 5 Mill Street, Centre Wellington, Elora/Salem, Centre Wellington, ON. Listed for $598,000
HOMEH Estimate
$511,000
Estimated Sales Range
$382,075 - $639,925
HOMEH Estimate for Unit 2, 5 Mill 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 $98,000 over $500K
$34,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,509 | $16,684 | $14,232 | $0 |
=Total mortgage | $585,227 | $554,884 | $522,532 | $478,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,857monthly | $2,709monthly | $2,551monthly | $2,336monthly |
Land Transfer Tax
$8,435
$8,435
Around this home
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