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For saleMLS® X14116502

120 Wellington 7 Road, Centre Wellington, ON N0B 1S0

Elora/Salem · N0B 1S0

$799,900

$727 / sq ft

1 weeks on market

Bedrooms
2
Bathrooms
1
Interior
1,100 sf
Parking
7
Lot
90 × 572 ft

What's special

  • Attached garage
  • Central air
  • Fireplace

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About this property

Acreage today. Potential for tomorrow. Set on approximately 2.4 acres in Elora, 120 Wellington Road 7 combines an existing two-bedroom bungalow, a heated detached workspace and an unusually deep property with the opportunity to explore one additional rear flag lot. Preliminary planning correspondence identified a possible two-lot arrangement, with a retained front parcel and a new lot behind, subject to current planning, servicing and access approvals. The accompanying aerial concept illustrates the idea; it is not an approved severance or survey. Centre Wellington's master plan identifies future municipal water and wastewater infrastructure along Wellington Road 7. The development concept illustrates one possible residential vision for the property's longer-term potential, subject to feasibility and approvals. Enjoy the property as it stands while considering its next chapter. The home offers a generous living room, separate dining area, kitchen, main-floor laundry, a small den and one four-piece bathroom. A heated detached workspace adds flexibility for personal projects or working from home. An established orchard of apple and pear trees and mature plantings bring character to the grounds. Natural gas and electricity serve the property; the furnace, water heater and water softener are owned. For buyers seeking room to spread out today and a meaningful opportunity to investigate future severance, this property brings the home, land and possibilities together just minutes from the heart of Elora.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
BathroomMain1.72 × 1.51 m5.6 × 5.0 ft—
BedroomMain3.35 × 3.54 m11.0 × 11.6 ft—
DenMain1.70 × 1.53 m5.6 × 5.0 ft—
Dining RoomMain3.90 × 3.02 m12.8 × 9.9 ft—
KitchenMain5.73 × 2.48 m18.8 × 8.1 ft—
LaundryMain5.86 × 2.31 m19.2 × 7.6 ft—
Living RoomMain3.58 × 5.88 m11.7 × 19.3 ft—
Primary BedroomMain4.88 × 3.68 m16.0 × 12.1 ft—
OfficeMain3.46 × 7.13 m11.4 × 23.4 ftSeparate Room

Features

  • None

Property details

Property

Property type
detached
Bedrooms
2
Bathrooms
1
Interior size
1,100 sq ft
Lot size
90 × 572 ft
Zoning
R
Possession
60-90 days

Interior

Basement
Crawl Space
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
East

Exterior & services

Construction
Brick, Vinyl Siding
Garage
Attached
Parking spaces
7
Sewer
Septic

Costs

List price
$799,900
Property taxes
$4,870 / year (2026)
Price per sq ft
$727

Listing

MLS® number
X14116502
Status
For sale
Listed
October 26, 2026
Days on market
10
Last updated
October 26, 2026
Listing brokerage
M1 Real Estate Brokerage Ltd

Price & sale history

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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 below most comparable listings — about 7% of comparable detached listings in Elora/Salem are asking less.

$820KMedian $967K$1.36M
This home
$727 / sq ft
Comparable median
$646 / sq ft

Based on 28 comparable active detached listings in Elora/Salem. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,990
$54,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,118.74
Property tax (est.)
$405.87
Estimated monthly
$4,525

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
$12,473
Total due on closing
$12,473

An estimate on the asking price of $799,900. 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.

$799,900

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