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131 Elora Street N, Minto, ON N0G 1Z0

3 beds · 2 baths · 1 kitchen · 9 rooms · 4 parking spaces · 1500-2000 sq ft · Laundry on the lower level level · Detached
$799,999
Property tax
$4,228 / year

Don't miss this exceptional investment opportunity offering strong upside potential with a move-in-ready home on a large corner lot (approx. 116.99 x 132 ft) at 131 Elora Street North in Harriston. The property may allow for lot severance, redevelopment, or the addition of a secondary dwelling (subject to municipal approvals), making it ideal for investors and developers. The renovated red brick home features a bright living space, sunroom (perfect for an office), eat-in kitchen with brand-new appliances, open dining area, a new 3-piece bathroom on the main floor, and three spacious bedrooms with a 5-piece bathroom upstairs. Additional highlights include a full basement for storage, newer furnace, A/C, hot water heater, new windows, updated wiring and plumbing, plus upgraded gutters and downspouts. The large backyard and detached garage add further value and flexibility, all within walking distance to Tim Horton and local amenities-offering both immediate rental potential and long-term development opportunities.

MLS number
X13606786
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
N0G 1Z0
Photos
50
Laundry
Lower Level level
50days · 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

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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
Minto-Clifford Central Public School
Upper Grand DSB
Elementary777 m6.7 / 10
67% met the standard
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 Minto134 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$469k$637k$806k20252026this home’s asking price
$518klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
93%96%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d26d52d20252026
30dlatest 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 minto. 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 561 people.

$98,000Median household income
84.1%Own their home
81.6%Detached houses
34.8Median age
6.9%Born outside Canada
8.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230471 — the few blocks around this address, home to 561 people. It describes the area, not this property.

561Population
36.4Average age
3Household size
$102,000Average household income
$98,000Median household income
84%Own their home
16%Rent
7%Condominiums
7%Born outside Canada
9%University degree
$552,000Average home value
10%Low income
61%Not in the labour force
24%Never married
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9995%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over33%
$100,000 to $124,99915%
$125,000 to $149,9997%
$150,000 to $199,9997%
$200,000 and over4%

Percentages are of the 275 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.

$160,000 · minimum here is $55,000
$3,542.22per month
Borrowed before insurance$639,999
Total borrowed$639,999
Interest over 25 years at 4.5%$422,667

If you rented it out

-$3,894.55per month out of pocket
Rent$0.00
Everything it costs to hold$3,894.55
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 ROYAL CANADIAN REALTY. Listing data provided by the Toronto Regional Real Estate Board.