
120 Wellington 7 Road
Centre Wellington, ON
- 2 bed
- 1 bath
- approx. 1100-1500 sqft
- Detached
- 8 days on market
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.
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Listing Details
- Taxes (2026)
- $4,870
- Listed
- September 11, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Rolled, Asphalt Shingle
- Foundation
- Concrete Block, Poured Concrete
- Interior
- None
- Lot Size
- 90 x 572 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 7
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Speers Rd.
- Zoning
- R
- Parcel Number
- 714080142
- Possession
- 60-89 days
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer.
Schools
Elementary
- Elora Public School1.7 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 School1.9 km
Catholic · Wellington CDSB · 400 students
Grade 3 reading: 91% met the provincial standard · Grade 6 math: 62% met the provincial standard
- Salem Public School2.9 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
- 472
- Median days on market
- 31
- Sale-to-list price
- 97.4%
Based on 472 recorded sales of residential freehold properties in Centre Wellington over the last 12 months.
Rooms
4-piece on Main
Main
- Bathroom5'8" x 4'11"
- Bedroom11' x 11'7"
- Den5'7" x 5'
- Dining Room12'10" x 9'11"
- Kitchen18'10" x 8'2"
- Laundry19'3" x 7'7"
- Living Room11'9" x 19'3"
- Office11'4" x 23'5"
- Primary Bedroom16' x 12'1"
Listed by
M1 Real Estate Brokerage Ltd
Walk Score
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Location
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Mortgage Calculator
$179,980
Estimated Monthly Payment
$4,421
Land transfer tax
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
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Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $406/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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