65 Torrance Lane

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65 Torrance Lane, Centre Wellington
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 5
ROOMS
X8280510
MLSID
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Property Description
Welcome to serene lakeside living in beautiful Belwood! This charming fully accessible bungalow boasts over 3500 square feet of finished living space, situated at the end of a quiet cul-de-sac on 1.19 acres of picturesque property. Inside, you'll find a spacious open-concept layout with impressive 13-foot ceilings, enhancing the sense of space and light. The main level features two generously sized bedrooms, three full bathrooms, and a bright kitchen with new appliances including a fridge and dishwasher. An elevator conveniently transports you to the fully finished walkout basement, offering a recreation room, gym space, and a cozy media room. Outside, enjoy the convenience of a 3-car oversized bay attached garage and a driveway accommodating up to 6 large vehicles, along with an additional detached garage in the back. The backyard is a true oasis, featuring a newly installed invisible fence for pets, a private hot tub for relaxation, and ample space to add a pool. With Belwood Lake and The Elora Cataract Trail as your neighbors, the views and sunsets from the back deck are simply breathtaking! Don't miss out on experiencing everything this home has to offer firsthand. Schedule a showing today and make this lakeside retreat your new haven!
Property Features
Cul De Sac, Grnbelt/Conserv, Lake/Pond, Park
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Acreage
.50-1.99
Fronting
West
Taxes
$7,396 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Elevator
Yes
Parking Spaces
6
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain9.51' x 17.16'
DiningMain15.68' x 15.16'
LivingMain14.17' x 18.57'Walk-Out
BreakfastMain10.83' x 15.26'
KitchenMain14.67' x 12.24'
LaundryMain7.25' x 11.75'
BrMain12.24' x 14.83'
Prim BdrmMain13.58' x 16.57'5 Pc Ensuite, Irregular Rm
RecBsmt17.49' x 36.25'
ExerciseBsmt14.01' x 23.49'
OfficeBsmt14.50' x 10.83'
Media/EntBsmt14.50' x 19.59'
Centre Wellington Market Statistics
Centre Wellington Price Trend
65 Torrance Lane is a 2-bedroom 3-bathroom home listed for sale at $1,674,900, which is $616,234 (58.2%) higher than the average sold price of $1,058,666 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Centre Wellington increased by $310,809 (41.6%) compared to the previous 30 day period (March 15 - April 13) and down $161,334 (13.2%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Centre Wellington over the last 30 days (April 14 - May 13), which is up 100.0% compared with the previous 30 day period (March 15 - April 13) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Centre Wellington typically sold $2,400 (0.2%) above asking price over the last 30 days (April 14 - May 13), which represents a $39,800 increase compared to the previous 30 day period (March 15 - April 13) and ($45,925) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Centre Wellington over the last 30 days (April 14 - May 13) stood at 50.0%, down from 233.3% over the previous 30 days (March 15 - April 13) and down from 133.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Centre Wellington stood at 6 days when successfully sold over the last 30 days (April 14 - May 13), compared to 20 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Royal City Realty Ltd.
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