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503 Wellington 7 Road

503 Wellington 7 Road

Centre Wellington, ON

  • 4 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Detached
  • 15 days on market
$1,098,000

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.

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Listing Details

Taxes (2025)
$4,872
Listed
September 2, 2026

Price History

Property

Style
Bungalow-Raised
Age
31-50
Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Other
Lot Size
105 x 148 Feet

Parking

Garage
Attached
Covered Spaces
2
Total Parking
10

Utilities

Water
Drilled Well
Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
WELLINGTON COUNTY RD 18 TO WELLINGTON ROAD 7
Parcel Number
714200017
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
Rental Items
Hot water heater

Schools

Elementary

  • Salem Public School0.7 km

    Public · Upper Grand DSB · 285 students

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

  • St Mary - Elora Catholic Elementary School1.9 km

    Catholic · Wellington CDSB · 400 students

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

  • Elora Public School2.6 km

    Public · Upper Grand DSB · 545 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 52% 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
$769,000
Homes sold
476
Median days on market
31
Sale-to-list price
97.4%

Based on 476 recorded sales of residential freehold properties in Centre Wellington over the last 12 months.

Rooms

5-piece on Main, 3-piece on Basement, 2-piece on Basement

Main

  • Bedroom10'8" x 10'10"
  • Dining Room9'3" x 13'2"
  • Kitchen15'8" x 10'7"
  • Living Room14'7" x 12'1"
  • Primary Bedroom12' x 17'1"

Basement

  • Bedroom10'11" x 9'9"
  • Bedroom13'4" x 12'3"
  • Office6'9" x 8'10"
  • Recreation16'3" x 13'9"

Listed by

THE AGENCY

Walk Score

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Mortgage Calculator

$219,600

Estimated Monthly Payment

$5,394

Land transfer tax

Estimated land transfer tax$18,435

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: $5,394/mo (20% down, 5.5%)

Taxes: $406/mo · Insurance: $275/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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

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