68 Mcnab St E

FOR SALE
$1,249,000
68 Mcnab St E, Centre Wellington
68 Mcnab St E
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
17
ROOMS
X9349693
MLSID
Contact Us
Property Description
Fabulous Elora Retreat! Who says you cant have it all? 68 McNab St. Elora has it all, and has something for everyone. A clever and unique design providing so much space and yet so much privacy. Three generations in one house? No problem. A cottage like wooded oasis yet just a five minute walk to the shops of vibrant downtown Elora, and literally steps from hiking trails, the Grand River and a sweet park. 3 floors of spacious rooms, and in addition a full walkout basement to the ravine lot. Three generously sized bedrooms, all with treetop views, an imaginative mind could easily picture their room as a treehouse. Vaulted ceilings, hardwood floors, 3 fireplaces, skylights, a glorious amount of storage. Fully secluded A-frame bunkie with sleeping loft in the private backyard complete with a fire pit and sitting area. Just an hour to the GTA, why fight Muskoka traffic when you can have a home in Elora?? Host friends and family in the large common areas, or in the enormous yard. Gardens are lush with perennials and trees include Cedar, Maple, Oak, Hydrangea, Lilac and Kentucky Coffee. Truly a gem, better see it soon!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-03 2024-09-05 33 $1,289,000 - Terminated
Property Features
Arts Centre, Campground, Place Of Worship, Ravine, River/Stream
Property Details
Street
Community
Property Type
Detached, Other
Approximate Sq.Ft.
2000-2500
Lot Size
66' x 165'
Fronting
North
Taxes
$5,275 (2024)
Basement
Finished
Exterior
Other, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.52' x 23.65'
KitchenMain10.99' x 11.42'
SunroomMain8.83' x 13.58'
FoyerMain8.83' x 11.32'
Family2nd11.58' x 22.83'
Laundry2nd8.33' x 11.58'
Prim Bdrm3rd16.77' x 17.75'
2nd Br3rd11.09' x 11.52'
3rd Br3rd11.15' x 11.84'
RecLower18.18' x 21.33'
SunroomLower8.43' x 10.24'
WorkshopLower7.15' x 10.40'
Centre Wellington Market Statistics
Centre Wellington Price Trend
68 Mcnab St E is a 3-bedroom 2-bathroom home listed for sale at $1,249,000, which is $465,819 (59.5%) higher than the average sold price of $783,181 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Centre Wellington increased by $39,723 (5.3%) compared to the previous 30 day period (July 20 - August 18) and down $70,419 (8.2%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in Centre Wellington over the last 30 days (August 19 - September 17), which is up 14.3% compared with the previous 30 day period (July 20 - August 18) and up 77.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Centre Wellington typically sold ($26,645) (3.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $3,345 decrease compared to the previous 30 day period (July 20 - August 18) and ($5,155) less 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 3-bedroom homes in Centre Wellington over the last 30 days (August 19 - September 17) stood at 68.8%, down from 85.7% over the previous 30 days (July 20 - August 18) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Centre Wellington stood at 32 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Red Brick Real Estate Brokerage Ltd.
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