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For saleMLS® X13690424

Vacant Lot Wellington Rd 7, Centre Wellington, ON N0B 1S0

Elora/Salem · N0B 1S0

$499,900

2 months on market

Lot
23 × 574 ft

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About this property

A rare opportunity to build your dream home on a private, mature 0.84-acre lot just outside Elora on Wellington Road 7. Tucked well back from the road down a long driveway and surrounded by established trees, this beautiful property offers privacy and a peaceful country setting just minutes from the shops, restaurants, cafés and amenities of Elora and Fergus.Pinestone Construction has completed renderings for the property and is ready to consult with buyers or bring the vision to life with a custom build. Known for quality custom homes throughout Centre Wellington, Pinestone Construction can assist if needed with everything from design and planning through construction and finishing selections. Enjoy the best of country living with the Grand River, Elora Gorge, trails and outdoor recreation all nearby. Bring your own plans or explore the existing vision-an exceptional opportunity to create a custom home in one of Centre Wellington's most sought-after areas.

Property details

Property

Property type
vacant land
Lot size
23 × 574 ft
Possession
Flexible

Interior

Exposure
East

Costs

List price
$499,900

Listing

MLS® number
X13690424
Status
For sale
Listed
August 19, 2026
Days on market
78
Last updated
September 11, 2026
Listing brokerage
M1 Real Estate Brokerage Ltd

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 50% of comparable vacant land listings in Centre Wellington are asking less.

$209KMedian $414K$4.64M

Based on 8 comparable active vacant land listings in Centre Wellington. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,995
$24,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,625.83
Estimated monthly
$2,626

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,473
Total due on closing
$6,473

An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of M1 Real Estate Brokerage Ltd. 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.

$499,900

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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