$1,175,000
Available - For Sale
Listing ID: X12844206
261 Colborne Street , Centre Wellington, N0B 1S0, Wellington


Experience the perfect blend of historic charm and modern versatility at 261 Colborne Street - one of the area's original 1880 homesteads, set on an impressive 71 x 414 ft lot backing directly onto the Elora Cataract Trailway. Just a short 1 km stroll to downtown Elora, this property offers the rare combination of small-town convenience and private, country-like serenity. The main home features 4 spacious bedrooms upstairs, including a generous primary with double closets, along with a 4-piece bathroom on the upper level. The main floor offers a bright eat-in kitchen filled with natural light, a cozy rear living room with walkout access to the deck and backyard, and a convenient 3-piece bathroom - ideal for guests or everyday family living. Downstairs, you'll find a fully self-contained 2-bedroom basement apartment complete with its own kitchen, full bathroom, and separate laundry - an ideal setup for multigenerational living, steady rental income, or short-term Airbnb rental potential. Outside is where this property truly shines. The massive, beautifully landscaped lot provides exceptional privacy in the warmer months, framed by mature trees and direct trail access. A heated detached workshop offers endless possibilities for hobbyists, small business owners, or additional storage, with ample room for future expansion. Generous parking easily accommodates multiple vehicles, guests, or recreational toys. Whether you're looking for a family home with income support, a savvy investment, or a private retreat just steps from downtown charm - this property delivers. Space. Privacy. Flexibility. A truly rare offering in Elora.
Price $1,175,000
Taxes: $5890.00
Assessment Year: 2025
Occupancy: Owner
Address: 261 Colborne Street , Centre Wellington, N0B 1S0, Wellington
Acreage: .50-1.99
Directions/Cross Streets: Metcalfe St & Colborne St
Rooms: 7
Rooms +: 4
Bedrooms: 4
Bedrooms +: 2
Family Room: F
Basement: Apartment, Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Dining Ro 19.48 8.23
Room 2 Main Kitchen 22.93 8.66
Room 3 Main Living Ro 15.35 18.66
Room 4 Main Bathroom 9.38 6.63 3 Pc Bath
Room 5 Main Laundry 11.45 9.12
Room 6 Second Primary B 15.65 12.92
Room 7 Second Bedroom 2 13.25 9.18
Room 8 Second Bedroom 3 9.45 10.2
Room 9 Second Bedroom 4 9.45 8.99
Room 10 Second Bathroom 5.81 10.3 4 Pc Bath
Room 11 Basement Utility R 7.94 10.43
Room 12 Basement Bedroom 5 16.7 10.73
Room 13 Basement Bedroom 14.66 9.61
Room 14 Basement Kitchen 8.2 12.69
Room 15 Basement Living Ro 13.55 15.09
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 4 Second
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 100+
Property Type: Detached
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Park #3
Parking Type: Private Tr
Pool: None
Other Structures: Garden Shed, W
Approximatly Age: 100+
Approximatly Square Footage: 1500-2000
Property Features: Hospital, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Real Estate Centre Inc
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Sachi Patel
Broker
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647-702-7117
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At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Centre Wellington
Neighbourhood: Elora/Salem
Style: 2-Storey
Lot Size: x 414.28(Feet)
Approximate Age: 100+
Tax: $5,890
Maintenance Fee: $0
Beds: 4+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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