$1,850
4 Cutting Drive LOWER, Centre Wellington, ON N0B 1S0
1 Beds
1 Baths
2 Parking
Spacious 1-bedroom basement apartment available now at 4 Cutting Drive in Elora. BONUS - the rent price is INCLUSIVE of utilities. This apartment offers more than 1,000 sq. ft. of living space with a practical layout and plenty of storage throughout. The unit features a separate entrance, private laundry, and the rare bonus of two parking spaces, along with access to a shared backyard. It's a comfortable option for someone looking for extra space without stepping into a full house rental. The home is located in a quiet residential area of Elora, while still close to everything that makes the town appealing - local shops, restaurants, trails, and the downtown core are all a short walk away. Elora has become a popular spot for people wanting a bit more character and community feel while staying within commuting distance of Guelph, Kitchener-Waterloo, and surrounding areas. Reach out for more information!

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Lease
Style Bungalow-Raised
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement Finished, Separate Entrance
Exposure East
Possession Immediate

Building

Building Type Detached
Portion for Lease Not specified by MLS
Square Footage 1100-1500
Exterior Brick
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes
Laundry In Basement, In Hall

Measurements

Lot Size 65.94 x 127.63
Lot Size Units Feet
Frontage 65.94
Depth 127.63
Total Living Area 1100-1500

Land

Address 4 Cutting Drive LOWER, Centre Wellington, ON N0B 1S0
City Centre Wellington
Community Elora/Salem
County / Area Wellington
Cross Street Water St. E.& York St. E.
Sewer Sewer
Pool None
Parcel Number 714070087

Parking and Garage

Total Parking 2
Garage Spaces 0
Garage Type Attached
Parking Features Private Double

Taxes and Listing Info

List Price $1,850
Status Active
Listing Date 2026-05-22T16:31:54Z
Updated 2026-05-22T16:31:54Z
MLS Number X13162180
Local Market Insight

What Buyers Should Know About 4 Cutting Drive LOWER, 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

4 Cutting Drive LOWER, 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-Raised, 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 Water St. E.& York St. E., public transit options, parking availability, and drive times to employment areas. A property with 2 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,850, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as Finished, Separate Entrance, and a lot size of 65.94 x 127.63, 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 4 Cutting Drive LOWER, 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.