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120 Wellington 7 Road

120 Wellington 7 Road

Centre Wellington, ON

  • 2 bed
  • 1 bath
  • approx. 1100-1500 sqft
  • Detached
  • 8 days on market
$899,900

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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Mortgage Calculator

$179,980

Estimated Monthly Payment

$4,421

Land transfer tax

Estimated land transfer tax$14,473

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: $4,421/mo (20% down, 5.5%)

Taxes: $406/mo · Insurance: $225/mo

Estimates only. Consult a financial advisor.

R

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