470 Elora Street
Centre Wellington, ON N1M 1Y8
NewActiveFor Sale
5 Beds
3 Baths
2,500 Sq Ft
5,802 Lot Sq Ft
Multi-Family
About This Property
Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Potential for ideal MULTI-GENERATIONAL living arrangement. Quality built duplexed home (single family dwelling with legal accessory apartment), with upper 3 bedroom unit and main level 2 bedroom unit. Designed so both units are above grade. Completely separate mechanicals and separately metered. Be sure to check out the floorplans. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Close to all amenities. Main level has been intentionally left vacant for prospective buyer to be able to move in immediately - or investor will be able to lease out at current market rent.
Property Details
StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,500 sq ft
Lot Size5,802 sq ft
Bedrooms5
Bathrooms3
ListedJune 9, 2026
Postal CodeN1M 1Y8
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13419250
Listed by Royal LePage Royal City Realty
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$4,248
/month · $695,920 mortgage
Down Payment20% — $173,980
Interest Rate5.5%
Amortization
Total Interest
$578,431
Total Cost
$1,274,351
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
Royal LePage Royal City Realty