Homula Realty Brokerage
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19 Davis Street, Centre Wellington, ON N0B 1S0

3 beds · 3 baths · 1 kitchen · 7 rooms · 4 parking spaces · 2000-2500 sq ft · Laundry on the upper level level · Detached
$974,328
Property tax
$4,200 / year

The Welland by Granite Homes is a beautifully designed 2,410 sq. ft. two-storey home located in the desirable South River community in Elora. Offering 3 bedrooms, 2.5 bathrooms, and a versatile loft space, this home combines modern design with functional family living.The main floor features 9' ceilings and a bright open-concept layout designed for both everyday living and entertaining. The gourmet kitchen showcases granite countertops with an undermount sink, custom cabinetry with soft-close doors and drawers, extended upper cabinets, a stainless steel chimney hood fan, and a spacious island overlooking the dining area and great room. Hardwood flooring in the great room adds warmth and character to the living space, while a walk-in pantry and mudroom provide additional convenience and storage.Upstairs, the spacious primary suite offers a walk-in closet and a luxurious ensuite complete with granite countertops, a custom vanity, and a walk-in tiled shower with frameless glass. Two additional bedrooms, a full bathroom, second-floor laundry room, and a generous loft provide flexible living space for growing families. For those seeking additional bedroom space, an optional fourth-bedroom layout is available.Situated just minutes from downtown Elora, boutique shopping, restaurants, scenic walking trails, parks, and the Grand River, South River offers an exceptional lifestyle in one of Ontario's most sought-after communities. With convenient access to Guelph, Kitchener, and Waterloo, you'll enjoy the perfect balance of small-town charm and modern convenience.**Listing price reflects the price after HST rebates. The price listed assumes eligibility for the proposed full HST rebate. Please speak with Granite Homes Sales Representatives for more information and to see if you qualify.** Start your tour at the sales office located at 47 Imrie Road. We're open Monday-Thursday from 2 PM-7 PM and Friday-Sunday from 12 PM-5 PM.

MLS number
X13459368
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N0B 1S0
Photos
1
Laundry
Upper Level level
90days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Elora Public School
Upper Grand DSB
Elementary690 m8.2 / 10
82% met the standard
St Mary - Elora Catholic Elementary School
Wellington CDSB
Elementary1.4 km8.2 / 10
82% met the standard
Grand River Public School
Upper Grand DSB
Elementary2.5 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Centre Wellington519 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$743k$861k$979k20252026this home’s asking price
$835klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d28d56d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in centre wellington. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,154 people.

$122,000Median household income
86.1%Own their home
77.8%Detached houses
42.4Median age
9.1%Born outside Canada
21.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230433 — the few blocks around this address, home to 1,154 people. It describes the area, not this property.

1,154Population
40.5Average age
2.9Household size
$168,000Average household income
$122,000Median household income
86%Own their home
14%Rent
0%Condominiums
9%Born outside Canada
21%University degree
$864,000Average home value
3%Low income
45%Not in the labour force
22%Never married
$25,000 to $29,9992%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9992%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over39%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,99914%
$200,000 and over9%

Percentages are of the 655 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$194,866 · minimum here is $72,433
$4,314.11per month
Borrowed before insurance$779,462
Total borrowed$779,462
Interest over 25 years at 4.5%$514,771

If you rented it out

-$4,664.11per month out of pocket
Rent$0.00
Everything it costs to hold$4,664.11
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Coldwell Banker Neumann Real Estate. Listing data provided by the Toronto Regional Real Estate Board.