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For saleListed 14 days agoMLS® X13834962

57 Cutting Drive, Centre Wellington, ON N0B 1S0

Elora/Salem, Centre Wellington · Near York St E and Cutting Drive · View map

$1,099,900
2+2Beds
3Baths
1500–2000Sq ft
BungalowType
Attached · 2 spacesGarage
4 totalParking
Finished, FullBasement
$6,166/yrTaxes
Call / Text Will
$1,099,900
PoolInground, salt
FreeholdNo monthly condo fee
Attached garage4 parking spaces in total
Finished basementExtra living space
Lot 49.3 x 104.9 ftThe land comes with the home
Central airCool all summer

About this home

Imagine Friday evening... You pull into the driveway of 57 Cutting Drive, instantly feeling the bustle of the week melt away. Nestled in the historic, enchanting village of Elora, this custom-built luxury 3200 sf bungalow isn't just a home-it's your Private Resort. The true magic happens when you step out back. Have you dreamed of having a low-maintenance POOL? Welcome to your personal backyard oasis. Enclosed by premium composite privacy fencing and framed by a backdrop of towering, mature pines, this yard offers rare, woodland tranquility. Spend hot summer afternoons floating in the 12' x 24' heated salt-water pool adjacent to upper sun deck and lower covered deck. Host unforgettable weekend BBQs spanning the covered deck and open sundeck, or lounge on the floating composite decking with a glass of wine. Step inside through large patio doors to the main level where upscale model-home aesthetic meets everyday warmth. Designed hand-in-hand with an interior designer, every finish speaks to sophistication. The heart of the daily routine centers around an airy, light-filled layout, leading to a serene primary retreat featuring a spa-inspired ensuite. With 1,600 sq ft on the main floor and a bright, professionally finished 1,485 sq ft lower level, there is boundless space for everyone. The lower level is a haven of its own, boasting a huge recreation room, gaming area, playroom, two additional bedrooms, and a sleek bath. Plus, with a separate entrance designed for a future walk-up, it's primed for multi-generational living or a premium in-law suite. Whether you're a couple seeking a peaceful retreat, a growing family wanting space to play, or the ultimate entertainer who loves hosting backyard pool parties, this property delivers an experiential lifestyle. Just minutes from the iconic Elora Gorge, boutique shops, and award-winning dining, you get unparalleled luxury and a true small-town community vibe. Cataract Trail is steps away. Your forever staycation starts here.

The home

Type
Bungalow
Style
Bungalow
Square footage
1500-2000 sq ft
Bedrooms
2
Basement bedrooms
2
Bathrooms
3
Kitchens
1
Rooms
7
Basement
Finished, Full
Lot size
49.3 x 104.9 ft
Faces
East

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Concrete, Brick

Heating & cooling

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

Garage & parking

Garage
Attached
Garage spaces
2
Driveway spaces
2
Total parking
4
Parking features
Private Double

Taxes & other

Property taxes
$6,166/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
York St E and Cutting Drive
Neighbourhood
Elora/Salem

More

Price per sq ft
~$629 (at 1,750 sq ft)
Listed
Sep 28, 2026 · 14 days ago
MLS® number
X13834962

The home and its surroundings

  • Water Meter
  • Water Softener
  • Golf
  • Greenbelt/Conservation
  • Hospital
  • Library
  • Park
  • Rec./Commun.Centre
  • Deck
  • Patio
  • Landscaped
Want to know something that isn’t listed?
Estimated monthly cost$4,951per 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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    57 Cutting Drive, Centre Wellington, ON N0B 1S0

    Elora/Salem, Centre Wellington · Near York St E and Cutting Drive

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    Sold history

    Listing history for 57 Cutting Drive

    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 57 Cutting Drive

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

    How much is 57 Cutting Drive listed for, and what would it cost each month?

    57 Cutting Drive is listed for $1,099,900. With 20% down ($219,980), the mortgage payment would be roughly $4,437 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,951 a month, all in. That figure is an illustration, not a quote.

    Is 57 Cutting Drive freehold or a condo, and is there a monthly fee?

    57 Cutting Drive is a 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 57 Cutting Drive have?

    57 Cutting Drive has 2 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms.

    Does 57 Cutting Drive have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.

    Does 57 Cutting Drive have a finished basement?

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

    What style of home is 57 Cutting Drive?

    57 Cutting Drive is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.

    Does 57 Cutting Drive have a pool?

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

    How big is 57 Cutting Drive, and what is the lot size?

    The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 49.3 x 104.9 ft.

    How is 57 Cutting Drive heated and cooled?

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

    What are the property taxes for 57 Cutting Drive?

    Property taxes are $6,166 a year (2025), or about $514 a month.

    Where is 57 Cutting Drive?

    57 Cutting Drive is in the Elora/Salem community of Centre Wellington. The nearest main intersection is York St E and Cutting Drive. The postal code is N0B 1S0.

    How long has 57 Cutting Drive been on the market?

    57 Cutting Drive was listed on September 28, 2026. It has been on the market for 14 days. It is an active listing (MLS® X13834962). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 57 Cutting Drive asking?

    Similar bungalow-style homes for sale nearby right now include 99 Harrison Street at $1,050,000 (2+1 bed), 18 Driscoll Street at $907,956 (2 bed) and 120 Wellington 7 Road at $899,900 (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 57 Cutting Drive 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 57 Cutting Drive?

    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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