Detached House for sale at 120 Spencer Drive, Centre Wellington, Ontario, N0B 1S0 - Elora/Salem - MLS: X12314396

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120 Spencer Drive

Centre Wellington, Ontario, N0B 1S0 - Elora/Salem

$1,199,000

Neighbourhood

Elora/Salem
Major Intersection

First Line/Healy

Listed Since: 14 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

4
Basement

Finished
Kitchen

1
Total Parking

6 (2 Attached Garage)
Lot Size

50x107.74 (Feet)
Taxes

$6,344.92 (2024)
Type

Freehold

Property Description

Property description for 120 Spencer Drive, Centre Wellington

Welcome to your dream home in the heart of Eloraone of Ontario's prettiest villages! This spacious and beautifully maintained 4+1 bedroom, 4-bathroom home offers over 2,500 sq ft of carpet-free living space , featuring a seamless blend of hardwood and laminate flooring throughout. On the main floor, the sunlit family room includes a gas fireplace, creating a warm and inviting atmosphere. The modern kitchen features brand-new stainless steel appliances and opens into bright living and dining areas. Upstairs, you'll find four generously sized bedrooms, including a primary suite with a large walk-in closet and a spacious ensuite washroom featuring a soaker tub your perfect private retreat. The upper level offers abundant space for growing families. Step outside to your own backyard oasis, complete with a 12-foot pool, interlocking stone patio, perennial gardens, and a gazebo perfect for summer gatherings or quiet evenings outdoors. The property backs onto a scenic trail and is just steps from a nearby park, offering privacy and access to nature. The finished basement adds even more living space with an additional bedroom and full bathroom great for guests, in-laws, or a home office. A double car garage provides practical storage and parking solutions. Located in a safe, family-friendly neighbourhood, this home combines small-town charm with thoughtful upgrades and natural beauty. Don't miss your chance to own this move-in-ready gem in the heart of Elora! *For Additional Property Details Click The Brochure Icon Below*

Listed by ICI SOURCE REAL ASSET SERVICES INC.

Property details

MLS #

X12314396
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Available
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick Front
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12314396
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Abv Grnd
Drive

Available
Garage

Attached, 2 spaces
Total Parking

6
Family Room

Y
Den

Y
Exterior

Brick Front
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.04 x 3.18 ft Main level
Dining

3.96 x 3.15 ft Main level
Kitchen

3.66 x 3.78 ft Main level
Dining

3.0 x 3.25 ft Main level
Family

3.96 x 5.03 ft Main level
Br

3.99 x 4.01 ft Upper level
2nd Br

3.48 x 3.99 ft Upper level
3rd Br

3.56 x 3.73 ft Upper level
Primary

7.39 x 4.34 ft Upper level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 120 Spencer Drive, Centre Wellington

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Detached in Elora/Salem

Active listings

Average Selling Price of a Detached

July 2025

$1,117,221

Last 3 Months

$1,178,074

Last 12 Months

$1,028,556

July 2024

$1,092,642

Last 3 Months LY

$1,119,486

Last 12 Months LY

$1,110,104

Change

-7%

Historical Average Selling Price of a Detached in Elora/Salem

Average Selling Price

3 years ago

$1,185,625

Average Selling Price

5 years ago

$942,500

Average Selling Price

10 years ago

$419,500

Change

-6%

Change

19%

Change

166%

How many days Detached takes to sell (DOM)

July 2025

Last 3 Months

Last 12 Months

July 2024

Last 3 Months LY

Last 12 Months LY

Change

65%

Change

Average Selling price

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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