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For saleListed todayMLS® X14007608

16 Water Street W, Centre Wellington, ON N0B 1S0

Elora/Salem, Centre Wellington · Near Wellington Rd 7 & Water St W · View map

$699,900
3Beds
2Baths
1100–1500Sq ft
SidesplitType
Attached · 1 spaceGarage
7 totalParking
Partially FinishedBasement
$4,574/yrTaxes
Call / Text Will
$699,900
FreeholdNo monthly condo fee
Attached garage7 parking spaces in total
Lot 127.7 x 59.5 ftThe land comes with the home
Central airCool all summer
FireplaceCozy winters

About this home

Welcome to 16 Water Street West - a solid well maintained sidesplit with a great layout - and located a short 5 minute stroll to Downtown Elora and everything it has to offer. The home itself offers 1,500 square feet of finished living space, featuring 3 bedrooms and 2 bathrooms. Hardwood floors in primary living area. And what really stands out here is the amount of natural light that steams through the home. Gas fireplace in living room. One of the highlights is the newer elevated deck out back which enjoys views of the downtown landscape including the Elora Mill. And the large lot here is simply amazing, with mature trees and tasteful hardscaping. The circular drive allows for easy in and out access onto the street - and extra room for parking. This property offers a lot of value at this price point.

The home

Type
Sidesplit
Style
Sidesplit
Square footage
1100-1500 sq ft
Bedrooms
3
Bathrooms
2
Kitchens
1
Rooms
9
Basement
Partially Finished
Lot size
127.7 x 59.5 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick, Metal/Steel Siding

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Attached
Garage spaces
1
Driveway spaces
6
Total parking
7
Parking features
Circular Drive

Taxes & other

Property taxes
$4,574/yr
Tax year
2026
Occupancy
Owner
Possession
Desired closing mid January
Cross street
Wellington Rd 7 & Water St W
Neighbourhood
Elora/Salem

More

Price per sq ft
~$538 (at 1,300 sq ft)
Listed
Oct 13, 2026 · today
MLS® number
X14007608

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$3,204per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    16 Water Street, Centre Wellington, ON N0B 1S0

    Elora/Salem, Centre Wellington · Near Wellington Rd 7 & Water St W

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    Sold history

    Listing history for 16 Water Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 16 Water Street W

    Answers come straight from this home’s MLS® listing.

    How much is 16 Water Street W listed for, and what would it cost each month?

    16 Water Street W is listed for $699,900. With 20% down ($139,980), the mortgage payment would be roughly $2,823 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,204 a month, all in. That figure is an illustration, not a quote.

    Is 16 Water Street W freehold or a condo, and is there a monthly fee?

    16 Water Street W is a sidesplit in Elora/Salem, Centre Wellington. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 16 Water Street W have?

    16 Water Street W has 3 bedrooms and 2 bathrooms.

    Does 16 Water Street W have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 6 spaces. In total the listing counts 7 parking spaces.

    Does 16 Water Street W have a finished basement?

    The listing describes the basement as partially finished. Finished basement space is usually not counted in the square footage shown.

    What style of home is 16 Water Street W?

    16 Water Street W is a sidesplit. A sidesplit has its levels staggered side to side, with a few steps between the living area, the bedrooms and the lower level.

    How big is 16 Water Street W, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 127.7 x 59.5 ft.

    How is 16 Water Street W heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 16 Water Street W?

    Property taxes are $4,574 a year (2026), or about $381 a month.

    Where is 16 Water Street W?

    16 Water Street W is in the Elora/Salem community of Centre Wellington. The nearest main intersection is Wellington Rd 7 & Water St W. The postal code is N0B 1S0.

    How long has 16 Water Street W been on the market?

    16 Water Street W was listed on October 13, 2026. It came on the market today. It is an active listing (MLS® X14007608). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 16 Water Street W asking?

    Similar bungalow-style homes for sale nearby right now include 114 Angelica Street at $849,900 (3+1 bed), 610 St David Street S at $799,900 (4 bed) and 66 Woolwich Street W at $829,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 16 Water Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 16 Water Street W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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