$1,499,900Asking Price
Discover an exceptional opportunity in the heart of Elora: two complete homes on one beautiful, treed lot,offering flexibility for multi-generational living, guest accommodations, or strong rental income. The StoneHouse blends heritage charm with modern updates and expansion opportunities. Recent improvementsinclude a fully renovated kitchen, updated bathrooms, new windows and doors, refreshed flooring,insulation upgrades, and a rebuilt chimney. A newer furnace (2023), A/C (2019), water heater (2025) and electrical panel (2020) provide peace of mind. The Coach House (Built 2024) offers stylish, lowmaintenance high efficiency living with beautiful LVP flooring throughout, a bright modern custom kitchen,upstairs laundry, and a spa-like bathroom. The cozy radiant floor heating throughout the main floor issimply perfect for the home. The fenced backyard and landscaped patio create an intimate outdoor retreat.A double garage provides a dedicated parking bay for each home. The property features professionallandscaping, mature trees, green space views across the road, paved driveway, new fencing, shared welland water systems, and full appliance packages in both homes. Houses are separately metered. Locatedjust a short walk to downtown Elora's restaurants, shops, and riverfront trails, this is a rare chance to livebeautifully close to nature and community. With estimated rental income of $3,000+ per month perdwelling, this property is both a lifestyle upgrade and a smart financial move. Two homes. One remarkablesetting. Endless possibilities.
Discover an exceptional opportunity in the heart of Elora: two complete homes on one beautiful, treed lot,offering flexibility for multi-generational living, guest accommodations, or strong rental income. The StoneHouse blends heritage charm with modern updates and expansion opportunities. Recent improvementsinclude a fully renovated kitchen, updated bathrooms, new windows and doors, refreshed flooring,insulation upgrades, and a rebuilt chimney. A newer furnace (2023), A/C (2019), water heater (2025) and electrical panel (2020) provide peace of mind. The Coach House (Built 2024) offers stylish, lowmaintenance high efficiency living with beautiful LVP flooring throughout, a bright modern custom kitchen,upstairs laundry, and a spa-like bathroom. The cozy radiant floor heating throughout the main floor issimply perfect for the home. The fenced backyard and landscaped patio create an intimate outdoor retreat.A double garage provides a dedicated parking bay for each home. The property features professionallandscaping, mature trees, green space views across the road, paved driveway, new fencing, shared welland water systems, and full appliance packages in both homes. Houses are separately metered. Locatedjust a short walk to downtown Elora's restaurants, shops, and riverfront trails, this is a rare chance to livebeautifully close to nature and community. With estimated rental income of $3,000+ per month perdwelling, this property is both a lifestyle upgrade and a smart financial move. Two homes. One remarkablesetting. Endless possibilities.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Bathroom | Main | 7.58' x 6.43' | 2-PieceBath |
| 2 | Kitchen | Main | 15.16' x 10.66' | |
| 3 | Laundry | Main | 7.61' x 6.17' | |
| 4 | Bathroom | Main | 7.22' x 5.48' | 2-PieceBath |
| 5 | Foyer | Main | 7.71' x 5.84' | |
| 6 | Kitchen | Main | 9.25' x 14.76' | |
| 1 2-Piece Bathroom on Main Floor | ||||
| 1 2-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom on Upper | ||||
| 1 5-Piece Bathroom on Upper | ||||
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Elora/Salem, Centre Wellington is a west GTA neighbourhood notable for its university grads, executives and business and education, law & public sector professionals. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 19, adults aged 40 to 59 and seniors aged 70 to 74.
Kids Per Family
1.0
kids per family
in the neighbourhood.
35%
of residents are
single and loving it.
35% singles
Centre Wellington (36%)
14%
of residents
are renters.
14% renters
Centre Wellington (18%)
31%
of residents are
university grads.
31% university grads
Centre Wellington (26%)Average Household Income
$129K
is the average household
income in the neighbourhood.
Professions
| Sales | 13% |
| Trades | 11% |
| Business | 9% |
| Government | 8% |
| Management | 8% |
9%
of residents were
born outside of Canada.
9% immigrants
Centre Wellington (10%)3.9% from UK
All-time
0.4% from UK
Recent
Foreign Languages
| German | 2% |
| Dutch | 1% |
| French | 1% |
Religions
| Christian | 76% |