
57 Water Street E
Centre Wellington (Elora/Salem), ON N0B 1S0
- 2+1Bedrooms
- 3Bathrooms
- 1Garage
- 700–1100Sq Ft
- $4,245Tax
- 66×137 ftLot Size
- Estimated Value:$669,312See Free Estimate Report

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About 57 Water Street E, Centre Wellington, Elora/Salem
Summarized Description
- Fully renovated chef's kitchen for modern living.
- Private backyard oasis ideal for entertaining.
- Finished lower level with versatile spaces.
- Move-in ready with extensive updates.
- Close to Elora's vibrant community amenities.
- Impressive covered patio for outdoor enjoyment.
- Potential for in-law or income suite.
- Cozy gas fireplace in recreation room.
Nestled in one of Elora's most sought-after neighbourhoods, this beautifully maintained home offers an exceptional blend of comfort, style, and versatility. Thoughtfully updated throughout, it's the perfect place to settle into one of Ontario's most beloved small-town communities.At the heart of the home is a stunning, fully renovated chef's kitchen overlooking a private backyard oasis. Designed for both everyday living and effortless entertaining, the kitchen flows seamlessly to an impressive 500-square-foot covered patio, creating an inviting outdoor living space surrounded by mature greenery. The finished lower level adds incredible flexibility, featuring a welcoming recreation room with a cozy gas fireplace, a spacious guest bedroom, a full three-piece bathroom, and a large studio workshop with its own private entrance. Whether you're an artist, hobbyist, work-from-home professional, or looking for future in-law or income suite potential, this versatile space offers endless possibilities.Extensive recent updates provide true peace of mind, including a new furnace and ductwork, central air conditioning, a renovated kitchen and three updated bathrooms, water treatment system, updated flooring, and fresh paint throughout. Every detail has been thoughtfully completed, making this home truly move-in ready.Enjoy the very best of the Elora lifestyle just a short stroll from your front door. Explore the village's renowned restaurants, cafés, boutiques, galleries, and scenic trails, or spend your weekends at nearby Bissell Park, home to the popular summer farmers' market and peaceful riverside views along the Grand River.This is more than a home-it's an opportunity to embrace the charm, character, and vibrant community that make Elora one of Ontario's most desirable places to call home.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,245
- Land Transfer Tax Fee
- $12,473
Rental Items
- Rental Equipment
- None
- Under Contract
- None
- Basement Type
- Separate Entrance, Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater Owned, Water Softener, Water Treatment
- View
- Garden
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Landscaped
- Pool
- None
- Property Features
- Hospital, Library, Park, Rec./Commun.Centre, River/Stream, Arts Centre
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow-Raised
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 66.00 ft
- Lot Depth
- 136.62 ft
- Lot Size
- 0.198
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- 2 Fridge/freezer, Stove, Dishwasher, BI Microwave, Shed, Water Softener, Reverse Osmosis System
Parking & Garages
- Garage Type
- Built-In
- Garage Spaces
- 1
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 2 + 1
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 3 Pc Ensuite
- Sitting—Main level
- Bathroom—Lower level, 3 Pc Bath
- Kitchen—Main level
- Workshop—Lower level
- Bedroom—Lower level
- Laundry—Lower level
- Bedroom—Main level
- Dining Room—Main level
- Bathroom—Main level, 4 Pc Bath
- Utility Room—Lower level
- Family Room—Lower level
- Primary Bedroom—Main level, 3 Pc Ensuite
Washrooms
- 4-piece, Main
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Centre Wellington
- Neighbourhood
- Elora/Salem
- Main cross streets
- Water St E at Metcalfe St
- Zoning
- R1A
- Directions
- from Metcalfe Street head east on Water Street E
- Waterfront
- None
- MLS® number
- X13503258
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-17
- Listed on
- 2026-06-29
- Days on market
- 80 days
- Possession type
- Flexible
- Co-op commission
- 2.0
- Seller
- Listed by
- Your Hometown Realty Ltd
Home Market Value
Current home valuation for 57 Water Street E, Centre Wellington, Elora/Salem, Centre Wellington, ON. Listed for $799,900
HOMEH Estimate
$669,312
Estimated Sales Range
$468,518 - $870,106
HOMEH Estimate for 57 Water Street E, 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 $299,900 over $500K
$54,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,788 | $22,317 | $19,038 | $0 |
=Total mortgage | $774,495 | $742,227 | $698,953 | $639,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,781monthly | $3,624monthly | $3,413monthly | $3,124monthly |
Land Transfer Tax
$12,473
$12,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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