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

$899,900
2
BD
1
BA
1,100
SqFt

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List Price
$899,900
MLS#
X13778402
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
2
Bathrooms
1
Living Area
1100-1500
Province
ON
Municipality
Centre Wellington
Area
Wellington
Neighborhood
Elora/Salem
Subdivision
Speers Rd.

Property Description

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.

Additional Information

Taxes
$4,870
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
1
Exterior
Brick, Vinyl Siding
Garage Spaces
1
Garage Type
Attached
Pool
None
Parking Spaces
7

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Calculator source: Real Geeks

Listing courtesy of M1 Real Estate Brokerage Ltd.