503 Wellington 7 Road, Centre Wellington, ON N0B 1S0
- Property tax
- $4,872 / year
Set well back behind mature trees at the edge of Elora, this raised bungalow has been comprehensively renovated inside and out. The main level opens beneath a vaulted ceiling, where the living and dining areas flow into a custom kitchen anchored by a ten-foot quartz island with pot filler, quartz backsplash and a full Samsung appliance suite, while sliding doors lead out to the deck and the yard beyond. Two bedrooms sit on this level, the primary comfortably proportioned with its own walk-in closet. The lower level walks out to the garden and lives as a true second living space rather than a basement, with a soundproofed media room and fireplace at its heart, two further bedrooms, a private office and a full laundry room. Much of the more than $300,000 invested here is deliberately unseen. Electrical renewed throughout, plumbing entirely replaced, spray foam insulation to ceilings and basement, a water softener and whole-home filtration with dedicated drinking water at the kitchen, and every room hardwired for internet. Outside, the yard is set up for real use, with a gas-heated pool, a deck made for long summer evenings, a fresh gravel drive and walkway, 30-amp service for a trailer or boat, and provisions for a hot tub and EV charging. All of it minutes from downtown Elora, where the shops, restaurants and the Mill sit above the Grand River, with the Gorge trails just beyond and Fergus, Guelph and Waterloo Region an easy drive.
- MLS number
- X13743180
- Type
- Detached
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 3
- Postal code
- N0B 1S0
- Photos
- 40
- Laundry
- Not in the unit
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.
Rooms
9 rooms as the listing brokerage filed them, with measurements.
Main
| Room | Size | Features |
|---|---|---|
| Living Room | 4.44 × 3.68 m | — |
| Dining Room | 2.82 × 4.01 m | — |
| Kitchen | 4.78 × 3.23 m | — |
| Bedroom | 3.25 × 3.30 m | — |
| Primary Bedroom | 3.66 × 5.21 m | — |
Basement
| Room | Size | Features |
|---|---|---|
| Recreation | 4.95 × 4.19 m | — |
| Bedroom | 3.33 × 2.97 m | — |
| Bedroom | 4.06 × 3.73 m | — |
| Office | 2.06 × 2.69 m | — |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Detached
- Style
- Bungalow-Raised
- Class
- Residential Freehold
- Age
- 31-50
- Fronting on
- East
- Community
- Elora/Salem
- Municipality
- Centre Wellington
- Cross street
- WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7
Inside
- Bedrooms
- 4
- Bedrooms above grade
- 2
- Bathrooms
- 3
- Washrooms
- 1 on the main floor · 1 on the basement floor · 1 on the basement floor
- Kitchens
- 1
- Rooms above grade
- 6
- Family room
- Yes
- Fireplace
- Yes
- Fireplaces
- 1
- Basement
- Finished
- Size
- 1100-1500
Building
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Parking
- Garage
- Attached
- Covered spaces
- 2
- Driveway spaces
- 8
- Total parking
- 10
Land
- Lot
- 105 × 148 feet
- Pool
- Above Ground
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
- Water
- Well
- Sewer
- Septic
- Electricity
- Yes
- Gas
- Yes
- Cable
- Available
Features
- Property
- Golf, Greenbelt/Conservation, Hospital, Lake/Pond, Library, Park
- Interior
- Other
- Exterior
- Porch Enclosed
Listing
- MLS number
- X13743180
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-02
- Expires
- 2026-12-02
- Taxes
- $4,872 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
H-Value
The market around this home
Detached houses in Centre Wellington — 519 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
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.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
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.
