Elora/Salem · N0B 1S0
$875,000
$795 / sq ft1 weeks on market
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Environmentally friendly and award winning bungalow is now available in the picturesque Town of Elora. Renowned builder James Keating not only won awards for this design and build, he ensured the highest level of quality at every step. Perfectly situated on a large corner lot just 1.5kms from the beautiful tourist centre of historic downtown Elora. The bright and airy open concept Living and dining rooms with vaulted ceiling boast hardwood flooring and gas fireplace. The eat-in kitchen features oak cabinetry, updated appliances, sink and faucet. Also on the main floor is a very generous Primary Bedroom, 2nd guest bedroom and a den overlooking the front yard. The main bath has a new high-rise toilet and walk-in bath tub with soothing jets. New washer and dryer are also conveniently on the main floor. The lower level offers a finished rec room, 3rd bedroom and a 3pc. bath. The hobbyist will love the workshop with separate outside entrance as well as the plentiful storage in the mechanical room. The large 68'x120' lot is proudly home to many mature trees and gardens as well as soft-sided garage. This storage facility is accessible by way of a gated 2nd driveway on Colborne St.. Great for storing a car or RV! Some of the most notable features include a 5000 litre underground holding tank for watering grass and gardens, a 10,000 Watt back-up Generator, electric awnings to keep the home cool, a hydronic furnace with separate controls for each floor. The list goes on..... The original owners have proudly and meticulously cared for this award winning home for the past 30 years. Now is the time for the next discerning family to enjoy it!
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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 below most comparable listings — about 21% 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 $875,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Coldwell Banker Neumann Real Estate. 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
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Listing courtesy of RE/MAX Real Estate Centre Inc
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Listing courtesy of Your Hometown Realty Ltd
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Listing courtesy of Keller Williams Home Group Realty
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Listing courtesy of Keller Williams Home Group Realty
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Listing courtesy of M1 Real Estate Brokerage Ltd