Elora/Salem · N0B 1S0
$1,575,000
$1,050 / sq ft2 months on market
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Exceptional net-zero custom-built 3+2 bdrm bungalow W/legal accessory apt & high-end finishes, just a short stroll from downtown Elora! Built as a model home, no expense was spared in showcasing the builder's craftsmanship & attention to detail. You'll be immediately impressed by stone exterior, rich blue siding, covered front porch, 2-car garage, cedar soffit accents, interlocking walkways & landscaping. Inside the main floor offers open-concept layout W/soaring ceilings, white oak hardwood & upgraded trim. Gorgeous kitchen W/white cabinetry, contrasting dark island, quartz counters, S/S appliances & W/I pantry. It flows seamlessly into dining area & great room W/expansive windows, vaulted ceilings, designer lighting & fireplace W/slat-style accent wall. Dining area offers access to covered rear porch. Main floor primary bdrm W/feature wall, W/I closet with B/I organizers & ensuite W/freestanding tub, dbl vanity & glass shower. 2 add'l bdrms, 5pc main bath & laundry room complete this level. Lower level offers rare & flex setup. Principal residence incl. rec room, add'l bdrm & 3pc bath. Separate from this area is the legal ap tW/private entrance, kitchen, living/dining area, bdrm with W/I closet, 3pc bath & laundry. Built to Net Zero standards the home is designed to produce as much energy as it consumes over the course of a yr through superior insulation, airtight construction & 10kW solar pkg. The result is exceptional energy efficiency, yr-round comfort, dramatically reduced utility cost & smaller environmental footprint. Outside enjoy covered porch, patio area, greenspace, manicured gardens & landscaping. Located in prestigious neighbourhood just down the street from Marston Park. Only10-min walk to downtown offering dining, live music, shops, Elora Mill Hotel & Spa & some of Ontario's stunning natural attractions incl. Elora Quarry & Gorge. W/continued growth in the area this is not only a beautiful place to call home but also an excellent long-term investment
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 86% of comparable detached listings in Elora/Salem are asking less.
Based on 28 comparable active detached listings in Elora/Salem. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,575,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX Real Estate Centre Inc. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,390,000
Elora/Salem
Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.
$1,399,000
Elora/Salem
Listing courtesy of Coldwell Banker Neumann Real Estate
$1,695,000
Elora/Salem
Listing courtesy of RE/MAX TWIN CITY REALTY INC.
$1,391,990
Elora/Salem
Listing courtesy of Coldwell Banker Neumann Real Estate