Elora/Salem · N0B 1S0
$949,900
$864 / sq ft1 months on market
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Welcome to a beautifully maintained raised bungalow nestled on a quiet crescent, just steps from local amenities and the scenic Elora Cataract Trail. This exceptional home exudes pride of ownership throughout, offering a rare opportunity for seamless multigenerational living paired with the ultimate summer lifestyle.The fully finished lower level serves as an ideal independent living space, complete with its own kitchenette, a separate laundry area, and a spacious recreation room anchored by a cozy gas fireplace. A ground-level walkout from this level leads directly to a private, beautifully landscaped backyard oasis designed for sunny days. Spend your afternoons cooling off in the pristine above-ground saltwater pool equipped with an efficient sand filtration system, or lounge on the elegant flagstone patio. As evening falls, gather with loved ones around the fire pit or host barbecues on the large upper deck, which features an open pergola perfect for outdoor dining.Upstairs, the main level is equally impressive. It offers three comfortable bedrooms-one featuring convenient secondary laundry hookups-and a tastefully updated semi-ensuite complete with porcelain tile flooring and a granite vanity. Elegant crown molding and fresh neutral paint accent the bright principal rooms, while durable, easy-care flooring runs throughout the home.Practicality matches the home's beauty with extensive 2024 upgrades, including a new heat pump HVAC system, an owned tankless water heater, and a new upper electrical panel with a separate meter. Finished with an attached insulated single-car garage and a double-wide concrete driveway, this property stands as a true family gem in the heart of Elora.
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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 in line with comparable listings — about 39% 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 $949,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE RCR REALTY. 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 M1 Real Estate Brokerage Ltd
$869,900
Elora/Salem
Listing courtesy of RE/MAX Real Estate Centre Inc
$864,900
Elora/Salem
Listing courtesy of Your Hometown Realty Ltd
$799,900
Elora/Salem
Listing courtesy of Keller Williams Home Group Realty
$1,098,000
Elora/Salem
Listing courtesy of THE AGENCY
$875,000
Elora/Salem
Listing courtesy of Coldwell Banker Neumann Real Estate