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For saleListed yesterdayMLS® X14089348

57 Cutting Drive, Centre Wellington, ON N0B 1S0

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

$1,099,900
2+2Beds
3Baths
1500–2000Sq ft
BungalowType
Attached · 2 spacesGarage
4 totalParking
Finished, FullBasement
$6,466/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

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

The home

Type
Bungalow
Style
Bungalow
Square footage
1500-2000 sq ft
Bedrooms
2
Basement bedrooms
2
Bathrooms
3
Kitchens
1
Rooms
9
Basement
Finished, Full
Lot size
49.3 x 104.9 ft
Faces
East
Approximate age
6-15 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
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
$6,466/yr
Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
York St E
Neighbourhood
Elora/Salem

More

Price per sq ft
~$629 (at 1,750 sq ft)
Listed
Oct 16, 2026 · yesterday
MLS® number
X14089348

The home and its surroundings

  • Water Softener
  • Golf
  • Greenbelt/Conservation
  • Hospital
  • Library
  • Park
  • Rec./Commun.Centre
Want to know something that isn’t listed?
Estimated monthly cost$4,976per 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

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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 $4,976 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 $6,466 a year (2026), or about $539 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. The postal code is N0B 1S0.

    How long has 57 Cutting Drive been on the market?

    57 Cutting Drive was listed on October 16, 2026. It has been on the market for 1 day. It is an active listing (MLS® X14089348). 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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