For saleMLS® X14151206

305 Colborne Street, Centre Wellington, ON N0B 1S0

Elora/Salem, Centre Wellington · Near Colborne St & Keating Drive · View map

$899,900
2+1Beds
2Baths
1100–1500Sq ft
Detached homeType
Attached · 2 spacesGarage
4 totalParking
Finished with Walk-OutBasement
$4,445/yrTaxes
$899,900
Main-floor primary bedroomEveryday living on one level
FreeholdNo monthly condo fee
Attached garage4 parking spaces in total
Finished basementWith a walk-out
Fenced yardYour own outdoor space
Lot 50 x 114.8 ftThe land comes with the home

About this home

Nestled in the heart of picturesque Elora, this quality Keating-built bungalow with a walkout lower level is offered for the very first time by its original owners. A home that has been deeply loved, meticulously cared for, and filled with cherished memories.Designed with both comfort and functionality in mind, the inviting layout features bright principal living spaces and a finished walkout lower level offering excellent flexibility for a guest area, teenage retreat, or potential in-law suite, while seamlessly connecting indoor living with the private outdoors. Tucked into the yard, a cute-as-can-be detached shed sits on a poured concrete pad and is fully equipped with electricity, making it an ideal petite work-from-home office, artist's studio, creative retreat or extra storage. Hobbyists and outdoor enthusiasts will also appreciate the fully insulated garage, complete with an insulated door, walls, and ceiling, along with a 30-amp receptacle, offering excellent potential for a workshop or a well-organized home for all your outdoor gear.Beyond the front door, a lifestyle defined by nature and community awaits. Walk or bike the Elora Cataract Trailway, spend summer afternoons swimming at the Elora Quarry, or paddle and explore the dramatic limestone cliffs of the Elora Gorge Conservation Area. Winter cross-country skiing is equally inviting. When evening comes, take a leisurely stroll into Elora's vibrant village core for artisan cafés, quaint boutiques, and riverside dining. A truly special offering for an active couple or family seeking lasting quality, outdoor adventure, and timeless small-town charm.

The home

Type
Detached home
Style
Bungalow
Square footage
1100-1500 sq ft
Bedrooms
2
Basement bedrooms
1
Bathrooms
2
Kitchens
1
Rooms
9
Basement
Finished with Walk-Out
Lot size
50 x 114.8 ft
Faces
South
Approximate age
16-30 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Alarm System
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Attached
Garage spaces
2
Driveway spaces
2
Total parking
4
Parking features
Private Double

Taxes & other

Property taxes
$4,445/yr
Tax year
2026
Occupancy
Owner
Possession
There is flexibility with the closing date.
Cross street
Colborne St & Keating Drive
Neighbourhood
Elora/Salem

More

Price per sq ft
~$692 (at 1,300 sq ft)
MLS® number
X14151206

The home and its surroundings

  • Auto Garage Door Remote
  • Primary Bedroom - Main Floor
  • Water Heater Owned
  • Water Heater
  • Fenced Yard
  • Level
  • School
  • Awnings
  • Deck
  • Landscaped
  • Patio
Want to know something that isn’t listed?
Estimated monthly cost$4,000per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    305 Colborne Street, Centre Wellington, ON N0B 1S0

    Elora/Salem, Centre Wellington · Near Colborne St & Keating Drive

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    Sold history

    Listing history for 305 Colborne Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 305 Colborne Street

    Answers come straight from this home’s MLS® listing.

    How much is 305 Colborne Street listed for, and what would it cost each month?

    305 Colborne Street is listed for $899,900. With 20% down ($179,980), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,000 a month, all in. That figure is an illustration, not a quote.

    Is 305 Colborne Street freehold or a condo, and is there a monthly fee?

    305 Colborne Street is a detached home in Elora/Salem, Centre Wellington. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 305 Colborne Street have?

    305 Colborne Street has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as bungalow.

    Does 305 Colborne Street have a garage and parking?

    Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 2 spaces. In total the listing counts 4 parking spaces.

    Does 305 Colborne Street have a finished basement?

    The listing describes the basement as finished with walk-out. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 305 Colborne Street?

    305 Colborne Street is a detached home. A detached home stands on its own lot with no shared walls.

    How big is 305 Colborne Street, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 114.8 ft.

    How is 305 Colborne Street heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 305 Colborne Street?

    Property taxes are $4,445 a year (2026), or about $370 a month.

    Where is 305 Colborne Street?

    305 Colborne Street is in the Elora/Salem community of Centre Wellington. The nearest main intersection is Colborne St & Keating Drive. The postal code is N0B 1S0.

    Is 305 Colborne Street still for sale?

    Yes. It is an active listing (MLS® X14151206). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 305 Colborne Street asking?

    Similar properties for sale nearby right now include 294 Colborne Street at $829,900 (2+2 bed), 284 Colborne Street at $899,900 (3+1 bed) and 220 Colborne Street at $864,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 305 Colborne Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 305 Colborne Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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