$869,000
315 Colborne Street, Centre Wellington, ON N0B 1S0
4 Beds
2 Baths
5 Parking
Welcome to this beautifully maintained bungalow offering comfortable, carpet-free living in a mature, fully landscaped setting. From the moment you arrive, you'll appreciate the pride of ownership, attractive curb appeal, and convenient single-car garage. Step inside to a bright and inviting main floor featuring rich hardwood and ceramic flooring throughout. The spacious living and family room area is warm and welcoming, highlighted by a cozy gas fireplace and large sliding doors that lead directly to the upper deck - the perfect place to enjoy morning coffee, entertain guests, or unwind overlooking the private backyard. The thoughtfully designed kitchen and dining area flow seamlessly for everyday living and hosting family gatherings. The main level also offers three generously sized bedrooms and a well-appointed 3-piece bathroom with tons of storage, making this home ideal for families, downsizers, or anyone seeking convenient one-floor living. Downstairs, the fully finished basement greatly expands the home's living space. You'll find a large family room featuring a second gas fireplace, creating the perfect setting for movie nights, relaxing evenings, or entertaining friends. The basement also includes a spacious fourth bedroom and an additional 4-piece bathroom, offering excellent flexibility for guests, teenagers, extended family, or a private home office setup. Potential here for a second living space in the basement, lots of room for an added kitchen. Additional highlights include brand new carpet on the stairs, ample living space on both levels, a steel roof with transferrable warranty, and a mature landscaped yard designed for enjoyment and privacy. This move-in-ready home combines warmth, functionality, and exceptional value in a desirable bungalow layout.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 3
Bedrooms Below Grade 1
Bathrooms 2
Kitchens 1
Basement Finished
Exposure South

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick
Foundation Poured Concrete
Roof Metal
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 50 x 114.83
Lot Size Area 0.132
Lot Size Units Feet
Frontage 50
Depth 114.83
Total Living Area 700-1100

Land

Address 315 Colborne Street, Centre Wellington, ON N0B 1S0
City Centre Wellington
Community Elora/Salem
County / Area Wellington
Cross Street Keating Cres
Sewer Sewer
Pool None
Parcel Number 714140157

Parking and Garage

Total Parking 5
Garage Spaces 1
Garage Type Attached
Parking Features Private Double

Taxes and Listing Info

List Price $869,000
Annual Taxes $4,232
Tax Year 2025
Status Active
Listing Date 2026-05-17T19:24:20Z
Updated 2026-05-23T00:13:55Z
MLS Number X13140118
Local Market Insight

What Buyers Should Know About 315 Colborne Street, Centre Wellington, ON N0B 1S0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

315 Colborne Street, Centre Wellington, ON N0B 1S0 is positioned in Elora/Salem, a part of Centre Wellington where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Keating Cres, public transit options, parking availability, and drive times to employment areas. A property with 5 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $869,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 4 bedrooms, 2 bathrooms, basement details marked as Finished, and a lot size of 50 x 114.83, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Centre Wellington, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Elora/Salem. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 315 Colborne Street, Centre Wellington, ON N0B 1S0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.