$950,000
19 Stumpf Street 307
Centre Wellington (Elora/Salem), Ontario
2bed2bath
Ontario
Centre Wellington (Elora/Salem) Real Estate
Browse homes for sale in Centre Wellington (Elora/Salem) • Median $1,029,450
$1,029,450Median Price
30Avg Days on Market
40Detached16Condo7Commercial2Land1House1Multi- Unit
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Homes for Sale in Centre Wellington (Elora/Salem)
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About Centre Wellington (Elora/Salem) Real Estate
Centre Wellington, encompassing the charming communities of Elora and Salem, is a picturesque area steeped in rich history and natural beauty. Elora, known for its stunning limestone cliffs and the Grand River, has long been a destination for those seeking outdoor adventures and serene landscapes. Its historic downtown, teeming with artisanal shops and cozy cafés, reflects the community's commitment to preserving its heritage while embracing modern development. Salem, on the other hand, offers a more tranquil, rural atmosphere, appealing to those who prefer a quieter lifestyle while still being close to urban amenities.
What sets Centre Wellington apart is its unique blend of small-town charm and vibrant community spirit. The area is characterized by its friendly neighborhoods, where residents often gather for local events such as the Elora Fergus Studio Tour and the annual Elora Festival, which showcases both local and international talent. The arts scene thrives here, with various galleries and studios contributing to the town's cultural fabric. Furthermore, the natural beauty around Elora Gorge Conservation Area offers residents stunning outdoor recreational opportunities, making it a haven for nature lovers.
The architectural landscape of Centre Wellington features an eclectic mix of historic buildings and contemporary homes, appealing to a diverse range of buyers. From restored heritage homes that tell stories of the past to new developments catering to modern tastes, there is something for everyone. This area’s commitment to maintaining green spaces and promoting sustainable living adds to its allure, making it an ideal place for families, retirees, and young professionals alike.
60 active listings with a median price of $987,400.
Lifestyle & Community
Living in Centre Wellington offers a unique blend of rural tranquility and community vibrancy. The neighborhoods are tightly-knit, fostering a sense of belonging among residents. Regular community events, such as the Elora Farmers' Market and various seasonal festivals, bring people together, enhancing the local culture. The proximity to nature and outdoor activities, including hiking, biking, and kayaking in the Grand River, contributes to an active lifestyle that many residents cherish. With a strong emphasis on community engagement and sustainability, Centre Wellington is a welcoming place to call home.
Local Amenities
- Elora Public Library
- Centre Wellington Community Sportsplex
- Grand River Raceway
- Elora Mill Hotel & Spa
- Local artisanal shops and markets
- Dining options ranging from cozy cafes to fine dining
- Elora Gorge Conservation Area
- Schools including Elora Public School and Centre Wellington District High School
- Healthcare facilities like Groves Memorial Community Hospital
- Public parks and recreational facilities
- Community centers offering various programs
- Access to public transportation
Points of Interest
- Elora Gorge
- Elora Quarry
- Grand River
- Elora Mill
- Fergus Scottish Games
- Elora Arts Festival
- Bissell Park
- Elora's Historic Downtown
- The Elora Centre for the Arts
- Local wineries and breweries
Market Overview
As of now, Centre Wellington boasts 60 active listings with a median listing price of $987,400. Homes here typically spend an average of 30 days on the market, indicating a healthy demand for properties in this picturesque area. The market reflects a steady increase in home values, driven by the area's appeal to families and professionals looking for a balanced lifestyle. Potential buyers should be prepared for competitive bidding, especially in desirable neighborhoods.
Investment Outlook
Centre Wellington presents promising investment opportunities, particularly for those interested in residential rentals or property development. The growing popularity of Elora, fueled by its arts scene and natural attractions, has led to an increase in demand for rental properties. Additionally, ongoing developments and infrastructure improvements signal a positive trend for future growth, making it a strategic location for investors looking to capitalize on the region's potential.
Ideal For
Centre Wellington is ideal for first-time buyers looking for a blend of urban and rural living, families seeking a safe and vibrant community, and retirees desiring a peaceful environment. Investors will also find opportunities in this growing market, making the area appealing to a wide range of potential buyers.
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Living in Centre Wellington (Elora/Salem)
Lifestyle
Living in Centre Wellington offers a unique blend of rural tranquility and community vibrancy. The neighborhoods are tightly-knit, fostering a sense of belonging among residents. Regular community events, such as the Elora Farmers' Market and various seasonal festivals, bring people together, enhancing the local culture. The proximity to nature and outdoor activities, including hiking, biking, and kayaking in the Grand River, contributes to an active lifestyle that many residents cherish. With a strong emphasis on community engagement and sustainability, Centre Wellington is a welcoming place to call home.
Local Amenities
Elora Public LibraryCentre Wellington Community SportsplexGrand River RacewayElora Mill Hotel & SpaLocal artisanal shops and marketsDining options ranging from cozy cafes to fine diningElora Gorge Conservation AreaSchools including Elora Public School and Centre Wellington District High SchoolHealthcare facilities like Groves Memorial Community HospitalPublic parks and recreational facilitiesCommunity centers offering various programsAccess to public transportation
Market Insights
As of now, Centre Wellington boasts 60 active listings with a median listing price of $987,400. Homes here typically spend an average of 30 days on the market, indicating a healthy demand for properties in this picturesque area. The market reflects a steady increase in home values, driven by the area's appeal to families and professionals looking for a balanced lifestyle. Potential buyers should be prepared for competitive bidding, especially in desirable neighborhoods.
Investment Potential
Centre Wellington presents promising investment opportunities, particularly for those interested in residential rentals or property development. The growing popularity of Elora, fueled by its arts scene and natural attractions, has led to an increase in demand for rental properties. Additionally, ongoing developments and infrastructure improvements signal a positive trend for future growth, making it a strategic location for investors looking to capitalize on the region's potential.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
1
$400K – $600K
5
$600K – $800K
14
$800K – $1.0M
12
$1.0M – $1.5M
20
$1.5M – $2.0M
6
$2.0M – $3.0M
5
$3.0M+
3
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Frequently Asked Questions About Centre Wellington (Elora/Salem)
There are currently 63 active residential listings in Centre Wellington (Elora/Salem). This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.