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Alternate floor plan to create basement apartment

57 Cutting Drive

Elora/Salem / Centre Wellington, ON N0B 1S0

ActiveFor Sale
4 Beds
3 Baths
1,500 Sq Ft
Single Family Home

About This Property

Stunning custom-built luxury bungalow offering 4 bdrms, over 3000sqft of finished living space, bright lookout bsmt W/in-law potential & backyard oasis all nestled in the town of Elora! Thoughtfully designed in collaboration with an interior designer, every finish has been carefully selected to create a home that exudes sophistication & warmth. Step into spectacular backyard where hardscaping, composite privacy fencing & mature trees create a peaceful retreat. Designed W/low-maintenance in mind you can spend less time on upkeep & more time enjoying this outdoor space. Lounge by the 12' x 24' heated saltwater pool surrounded by stone patios W/lots of space for relaxing & entertaining. Elevated deck is perfect for BBQs & cocktails while covered patio below offers charming outdoor bar & lounge area. Inside an open-concept layout is designed for entertaining & everyday comfort. Living room W/fireplace, rustic wood mantel & expansive windows. Custom kitchen W/white cabinetry, quartz counters, premium S/S appliances & centre island W/breakfast bar seating. Adjoining dining area is surrounded by oversized windows & offers access to elevated deck creating effortless indoor-outdoor living. Primary bdrm W/large windows overlooking mature trees, W/I closet & ensuite W/dbl vanity & tiled W/I glass shower. A 2nd bdrm offers ensuite access to the main bathroom making it ideal for guests or home office. Main-floor laundry completes this level. Prof. finished lookout bsmt offers add'l 1485sqft of finished living space. Large windows make the lower level feel open & welcoming. Rec room offers perfect setting for movies, family gatherings or games area W/fireplace. There are 2 bdrms, 3pc bath & 2 add'l flexible spaces ideal for playroom, hobby room, gym or office. W/its large layout & potential for future sep walk up entrance, this level offers exciting possibilities for an in-law suite. Enjoy nearby trails or spend wknds exploring Elora Gorge, shops, cafes & restaurants of downtown

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms4
Bathrooms3
Taxes (2026)$6,466
Postal CodeN0B 1S0
Last UpdatedOct 29, 2026 · 12:53 a.m.

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Features & Amenities

  • Pool
  • Fireplace
  • Air Conditioning
  • Basement

Buying or selling in Centre Wellington?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14089348

Listed by RE/MAX Real Estate Centre Inc

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.

$1,099,900

asking price

MLS®X14089348
TypeSingle Family Home
CityCentre Wellington
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,371

/month · $879,920 mortgage

Down Payment20% — $219,980
Interest Rate5.5%

Amortization

Total Interest

$731,367

Total Cost

$1,611,287

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX Real Estate Centre Inc