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For saleListed Sep 3MLS® X13743180

503 Wellington 7 Road, Centre Wellington, ON N0B 1S0

Elora/Salem, Centre Wellington · Near WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7 · View map

$1,098,000
2+2Beds
3Baths
1100–1500Sq ft
Raised bungalowType
Attached · 2 spacesGarage
10 totalParking
FinishedBasement
$4,872/yrTaxes
Call / Text Will
$1,098,000
PoolAbove ground
FreeholdNo monthly condo fee
Attached garage10 parking spaces in total
Finished basementExtra living space
Lot 105 x 148 ftThe land comes with the home
Central airCool all summer

About this home

Set well back behind mature trees at the edge of Elora, this raised bungalow has been comprehensively renovated inside and out. The main level opens beneath a vaulted ceiling, where the living and dining areas flow into a custom kitchen anchored by a ten-foot quartz island with pot filler, quartz backsplash and a full Samsung appliance suite, while sliding doors lead out to the deck and the yard beyond. Two bedrooms sit on this level, the primary comfortably proportioned with its own walk-in closet. The lower level walks out to the garden and lives as a true second living space rather than a basement, with a soundproofed media room and fireplace at its heart, two further bedrooms, a private office and a full laundry room. Much of the more than $300,000 invested here is deliberately unseen. Electrical renewed throughout, plumbing entirely replaced, spray foam insulation to ceilings and basement, a water softener and whole-home filtration with dedicated drinking water at the kitchen, and every room hardwired for internet. Outside, the yard is set up for real use, with a gas-heated pool, a deck made for long summer evenings, a fresh gravel drive and walkway, 30-amp service for a trailer or boat, and provisions for a hot tub and EV charging. All of it minutes from downtown Elora, where the shops, restaurants and the Mill sit above the Grand River, with the Gorge trails just beyond and Fergus, Guelph and Waterloo Region an easy drive.

The home

Type
Raised bungalow
Style
Bungalow-Raised
Square footage
1100-1500 sq ft
Bedrooms
2
Basement bedrooms
2
Bathrooms
3
Kitchens
1
Rooms
6
Basement
Finished
Lot size
105 x 148 ft
Faces
East
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick, Vinyl Siding

Heating & cooling

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

Garage & parking

Garage
Attached
Garage spaces
2
Driveway spaces
8
Total parking
10

Taxes & other

Property taxes
$4,872/yr
Tax year
2025
Occupancy
Owner
Possession
FLEXIBLE
Cross street
WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7
Neighbourhood
Elora/Salem

More

Price per sq ft
~$845 (at 1,300 sq ft)
Listed
Sep 3, 2026 · 39 days ago
MLS® number
X13743180

The home and its surroundings

  • Golf
  • Greenbelt/Conservation
  • Hospital
  • Lake/Pond
  • Library
  • Park
  • Porch Enclosed
Want to know something that isn’t listed?
Estimated monthly cost$4,835per 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    503 Wellington 7 Road, Centre Wellington, ON N0B 1S0

    Elora/Salem, Centre Wellington · Near WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7

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    Sold history

    Listing history for 503 Wellington 7 Road

    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 503 Wellington 7 Road

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

    How much is 503 Wellington 7 Road listed for, and what would it cost each month?

    503 Wellington 7 Road is listed for $1,098,000. With 20% down ($219,600), the mortgage payment would be roughly $4,429 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,835 a month, all in. That figure is an illustration, not a quote.

    Is 503 Wellington 7 Road freehold or a condo, and is there a monthly fee?

    503 Wellington 7 Road is a raised bungalow 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 503 Wellington 7 Road have?

    503 Wellington 7 Road has 2 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as bungalow-raised.

    Does 503 Wellington 7 Road have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 8 spaces. In total the listing counts 10 parking spaces.

    Does 503 Wellington 7 Road have a finished basement?

    The listing describes the basement as finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.

    What style of home is 503 Wellington 7 Road?

    503 Wellington 7 Road is a raised bungalow. A raised bungalow has its main floor set about half a level above the ground, so the basement has bigger windows and more light than in a regular bungalow.

    Does 503 Wellington 7 Road have a pool?

    Yes. The listing shows above ground for the pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.

    How big is 503 Wellington 7 Road, 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 105 x 148 ft.

    How is 503 Wellington 7 Road heated and cooled?

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

    What are the property taxes for 503 Wellington 7 Road?

    Property taxes are $4,872 a year (2025), or about $406 a month.

    Where is 503 Wellington 7 Road?

    503 Wellington 7 Road is in the Elora/Salem community of Centre Wellington. The nearest main intersection is WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7. The postal code is N0B 1S0.

    How long has 503 Wellington 7 Road been on the market?

    503 Wellington 7 Road was listed on September 3, 2026. It has been on the market for 39 days. It is an active listing (MLS® X13743180). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 503 Wellington 7 Road asking?

    Similar bungalow-style homes for sale nearby right now include 66 Woolwich Street W at $829,000 (3 bed), 8096 Wellington Road 18 Road N at $1,050,000 (3 bed) and 114 Bellamy Crescent at $869,000 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 503 Wellington 7 Road 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 503 Wellington 7 Road?

    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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