57 Cutting Drive
Centre Wellington (Elora/Salem), ON N0B 1S0
- 2+2Bedrooms
- 3Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $6,466Tax
- 49×105 ftLot Size
Estimated Value:$1,086,402See Free Estimate Report
Sale & Price History for 57 Cutting Drive, Centre Wellington, Elora/Salem
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 57 Cutting Drive, Centre Wellington, Elora/Salem
Summarized Description
- Custom-built luxury bungalow with sophisticated finishes.
- Heated saltwater pool surrounded by stone patios.
- Open-concept layout ideal for entertaining.
- Professionally designed with low-maintenance outdoor space.
- Finished lookout basement with in-law suite potential.
- Elevated deck perfect for outdoor gatherings.
- Close to Elora Gorge and downtown amenities.
Stunning custom-built luxury bungalow offering 4 bdrms, over 3000sqft of finished living space, bright lookout bsmt W/in-law potential & backyard oasis all nestled in the town of Elora! Thoughtfully designed in collaboration with an interior designer, every finish has been carefully selected to create a home that exudes sophistication & warmth. Step into spectacular backyard where hardscaping, composite privacy fencing & mature trees create a peaceful retreat. Designed W/low-maintenance in mind you can spend less time on upkeep & more time enjoying this outdoor space. Lounge by the 12' x 24' heated saltwater pool surrounded by stone patios W/lots of space for relaxing & entertaining. Elevated deck is perfect for BBQs & cocktails while covered patio below offers charming outdoor bar & lounge area. Inside an open-concept layout is designed for entertaining & everyday comfort. Living room W/fireplace, rustic wood mantel & expansive windows. Custom kitchen W/white cabinetry, quartz counters, premium S/S appliances & centre island W/breakfast bar seating. Adjoining dining area is surrounded by oversized windows & offers access to elevated deck creating effortless indoor-outdoor living. Primary bdrm W/large windows overlooking mature trees, W/I closet & ensuite W/dbl vanity & tiled W/I glass shower. A 2nd bdrm offers ensuite access to the main bathroom making it ideal for guests or home office. Main-floor laundry completes this level. Prof. finished lookout bsmt offers add'l 1485sqft of finished living space. Large windows make the lower level feel open & welcoming. Rec room offers perfect setting for movies, family gatherings or games area W/fireplace. There are 2 bdrms, 3pc bath & 2 add'l flexible spaces ideal for playroom, hobby room, gym or office. W/its large layout & potential for future sep walk up entrance, this level offers exciting possibilities for an in-law suite. Enjoy nearby trails or spend wknds exploring Elora Gorge, shops, cafes & restaurants of downtown
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,466
- Land Transfer Tax Fee
- $18,473
Rental Items
- Rental Equipment
- Hot Water Heater
- Under Contract
- Hot Water Heater
- Basement Type
- Finished, Full
Interior Features
- Interior Extras
- Water Softener
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas, Living Room, Rec Room
- Elevator
- No
Exterior Features
- Pool
- Inground, Salt
- Property Features
- Golf, Greenbelt/Conservation, Hospital, Library, Park, Rec./Commun.Centre
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 6-15
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 49.25 ft
- Lot Depth
- 104.86 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Dishwasher, Microwave, Pool Equipment, Range Hood, Refrigerator, Stove, Inground Heated Saltwater Pool & All Pool Equipment
Exclusions
- Exclusions
- Washer & Dryer
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
- Bedroom 2—Main level
- Bathroom—Main level, 4 Pc Bath
- Recreation—Basement level
- Office—Basement level
- Kitchen—Main level
- Den—Basement level
- Foyer—Main level
- Bathroom—Basement level, 3 Pc Bath
- Bedroom 4—Basement level
- Bathroom—Main level, 4 Pc Ensuite
- Dining Room—Main level
- Laundry—Main level
- Primary Bedroom—Main level
- Bedroom 3—Basement level
- Utility Room—Basement level
- Cold Room/Cantina—Basement level
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Centre Wellington
- Neighbourhood
- Elora/Salem
- Main cross streets
- York St E
- Zoning
- R2.58.7
- Directions
- York St E
- MLS® number
- X14089348
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-16
- Updated on
- 2026-10-16
- Days on market
- 1 day
- Possession type
- Flexible
- Co-op commission
- 2.5 + HST
- Seller
- Listed by
- RE/MAX Real Estate Centre Inc
Home Market Value
Current home valuation for 57 Cutting Drive, Centre Wellington, Elora/Salem, Centre Wellington, ON. Listed for $1,099,900
HOMEH Estimate
$1,086,402
Estimated Sales Range
$858,258 - $1,314,546
HOMEH Estimate for 57 Cutting Drive, 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 $599,900 over $500K
$84,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,564 | $30,687 | $26,178 | $0 |
=Total mortgage | $1,054,672 | $1,020,597 | $961,093 | $879,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,149monthly | $4,983monthly | $4,693monthly | $4,296monthly |
Land Transfer Tax
$18,473
$18,473
Around this home
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