Skip to main content
20 Water Street

20 Water Street

Centre Wellington, ON

  • 4 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
  • 17 days on market
$699,900

Bring your imagination to this rare opportunity in Elora! Set on a large lot and ideally located close to downtown, this property offers an exciting opportunity to create something truly special. Whether you're looking to renovate, build, or bring your own vision to life, the possibilities are endless. Enjoy the convenience of being just moments from Elora's charming downtown, while taking advantage of the space and potential this generous lot provides. Rarely does an opportunity like this come along-large lot, fantastic location, and endless possibilities. Bring your imagination and make it your own!

Virtual Tour

Virtual Tour Available

3D Tour
Powered by iGUIDE

Listing Details

Taxes (2026)
$4,237
Listed
August 31, 2026

Price History

Property

Style
1 1/2 Storey
Age
51-99
Construction
Wood
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Floor Drain, Storage
Lot Size
82.5 x 132 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Wellington Road 7
Parcel Number
714100124
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Fridge, Washer, Dryer
Exclusions
None
Rental Items
Hot Water Heater.

Schools

Elementary

  • 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

  • Elora Public School1.4 km

    Public · Upper Grand DSB · 545 students

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

  • Salem Public School2.1 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

Residential Freehold in Centre Wellington · last 12 months

Median sold price
$770,000
Homes sold
477
Median days on market
31
Sale-to-list price
97.4%

Based on 477 recorded sales of residential freehold properties in Centre Wellington over the last 12 months.

Rooms

3-piece on Main, 3-piece on Second

Second

  • Bedroom13'2" x 8'1"
  • Bedroom13'3" x 8'11"
  • Den13'10" x 15'7"
  • Other9'2" x 11'1"

Main

  • Bedroom 213'11" x 8'9"
  • Kitchen13'4" x 11'6"
  • Living Room14'4" x 17'3"
  • Primary Bedroom16'2" x 13'3"
  • Workshop18'1" x 10'11"

Listed by

Keller Williams Home Group Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$139,980

Estimated Monthly Payment

$3,438

Land transfer tax

Estimated land transfer tax$10,473

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $3,438/mo (20% down, 5.5%)

Taxes: $353/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences