For Sale

261 Colborne Street, Centre Wellington, Ontario N0B 1S0

$1,175,000

261 Colborne Street, Centre Wellington, Ontario N0B 1S0 is For Sale and has a listing price of 1,175,000. The property is located in the Centre Wellington neighbourhood . It's been on the website for 5 Days.

  • Detached
    Property Type
  • 6
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12844206
  • Office Name RE/MAX Real Estate Centre Inc
Property Description

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.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12844206
  • Price: $1,175,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 414.28
  • Ref ID: X12844206
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Metcalfe St & Colborne St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Detached
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
03/04/2026 X12844206 $1,175,000 For Sale - -
03/18/2025 X12026804 $1,200,000 For Sale 06/05/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Centre Wellington
  • $1,071,274 Average List Price
    based on 1 year
  • 104 New Listings
    based on 30 days
  • 48 Median Days on Market
    based on 1 year
  • List vs. Selling Price 102.21 % Up
  • Sold (12mo) 381
  • Rented (12mo) 81

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Detached
  • Parking Spaces: 6
  • Exterior Brick, Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $5,890
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 04/03/2026 16:16:58
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