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57 CUTTING Drive

57 CUTTING Drive

Elora, Ontario

4 bed • 3 bath • Single Family

$1,195,000

Imagine Friday evening... You pull into the driveway of 57 Cutting Drive, instantly feeling the bustle of the week melt away. Nestled in the historic, enchanting village of Elora, this custom-built luxury bungalow isn’t just a home—it’s your Private Resort. The true magic happens when you step out back. Have you dreamed of having a low-maintenance POOL? Welcome to your personal backyard oasis. Enclosed by premium composite privacy fencing and framed by a backdrop of towering, mature pines, this yard offers rare, woodland tranquility. Spend hot summer afternoons floating in the 12' x 24' heated salt-water pool adjacent to upper sun deck and lower covered deck. Host unforgettable weekend BBQs spanning the covered deck and open sundeck, or lounge on the floating composite decking with a glass of wine. Step inside through large patio doors to the main level where upscale model-home aesthetic meets everyday warmth. Designed hand-in-hand with an interior designer, every finish speaks to sophistication. The heart of the daily routine centers around an airy, light-filled layout, leading to a serene primary retreat featuring a spa-inspired ensuite. With 1,600 sq ft on the main floor and a bright, professionally finished 1,485 sq ft lower level, there is boundless space for everyone. The lower level is a haven of its own, boasting a huge recreation room, gaming area, playroom, two additional bedrooms, and a sleek bath. Plus, with a separate entrance designed for a future walk-up, it’s primed for multi-generational living or a premium in-law suite. Whether you’re a couple seeking a peaceful retreat, a growing family wanting space to play, or the ultimate entertainer who loves hosting backyard pool parties, this property delivers an experiential lifestyle. Just minutes from the iconic Elora Gorge, boutique shops, and award-winning dining, you get unparalleled luxury and a true small-town community vibe. Cataract Trail is steps away. Your forever staycation starts here.

Price History

Schools

Elementary

  • Elora Public School0.7 km

    Public · Upper Grand DSB · 545 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • St Mary - Elora Catholic Elementary School1.3 km

    Catholic · Wellington CDSB · 400 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • Salem Public School2.6 km

    Public · Upper Grand DSB · 285 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 79% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0B

Population
86,919
Private dwellings
31,269
Median age
42.8
Average household size
2.9
Median household income
$120,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Elora · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in Elora over the last 12 months.

Location

Mortgage Calculator

$239,000

Estimated Monthly Payment

$5,871

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,871/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $299/mo

Estimates only. Consult a financial advisor.

R

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