75 Chalmers St
Elora/Salem, Centre Wellington, N0B 1S0
FOR SALE
$2,399,900
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4
BEDROOMS4
BATHROOMS1
KITCHENS12 + 4
ROOMSX9306222
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Property Description
Built in 1934, this iconic Elora home is being offered for sale for only the second time in 90 years. Boasting an exterior of thick quarry stone, it has been extensively rebuilt to modern standards while keeping its original charm and elegance. Many of the historical elements of the house have been kept intact, like the wooden front door, which has been repurposed to create a wonderful entrance to the wine room. The living room features White Oak engineered hardwood floors, charming beams & a gas fireplace set in restored stone. Gorgeous Devol inspired kitchen w/ quartz countertops and white oak cabinetry. The dining room mirrors the historical Elora Mill wine cellar with its 12 stone wall. A glass-paneled door leads to an inviting den where a wood-burning fireplace & original wall sconces enhance the atmosphere. A hallway powder room maintains the home's historic feel with a stone wall and exposed beams. An addition boasts a flex room with a beautiful stone wall and ensuite, currently used as an office. Upstairs, the primary retreat offers White Oak floors, a wall of wardrobes, and an ensuite with a glass shower and quartz counters. Additional bedrooms share a luxurious main bathroom with a claw tub, stained glass windows & separate shower. The finished basement includes a recreation room with luxury vinyl plank floors & an original interior door, cedar sauna, and wine cellar. Even the laundry room is stunning, finished with beautiful natural wood cabinetry & quartz/butcher block counters. Every detail of this home has been carefully curated with upgrades include a new 50 yr roof, new exterior doors, gas boilers, heating/cooling system, rewiring of the entire home & much more. Outside, a granite patio overlooks mature trees. Short stroll to Bissell Park and Elora offering unparalleled access to fine dining, lively bars, live music, boutique shops, the renowned Elora Mill Spa & Elora Gorge. Experience the timeless allure and modern luxury of 75 Chalmers St!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-09 | 2024-09-05 | 27 | $2,595,000 | - | Terminated |
| 2024-06-10 | 2024-08-09 | 60 | $2,740,000 | - | Terminated |
| 2024-03-29 | 2024-06-11 | 74 | $2,974,900 | - | Terminated |
| 2022-08-06 | 2022-08-15 | 9 | $1,199,900 | $1,085,000 | Sold |
| 2022-08-06 | 2022-08-15 | 9 | $1,199,900 | $1,085,000 | Sold |
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Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
92' x 142'
Acreage
< .50
Fronting
East
Taxes
$6,078 (2024)
Basement
Finished, Full
Exterior
Stone, Vinyl Siding
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.50' x 19.91' | |
| Kitchen | Main | 12.50' x 14.99' | |
| Den | Main | 11.25' x 11.75' | |
| Dining | Main | 10.33' x 11.75' | |
| 2nd Br | Main | 9.68' x 11.32' | |
| Prim Bdrm | 2nd | 14.17' x 20.83' | |
| 3rd Br | 2nd | 11.84' x 13.58' | |
| 4th Br | 2nd | 10.40' x 12.50' | |
| Rec | Bsmt | 7.91' x 18.34' | |
| Other | Bsmt | 4.17' x 7.35' | |
| Other | Bsmt | 7.91' x 9.84' | |
| Laundry | Bsmt | 8.92' x 10.40' |
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Centre Wellington Market Statistics
Centre Wellington Price Trend
75 Chalmers St is a 4-bedroom 4-bathroom home listed for sale at $2,399,900, which is $1,503,400 (167.7%) higher than the average sold price of $896,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Centre Wellington declined by $646,000 (41.9%) compared to the previous 30 day period (July 20 - August 18) and down $83,499 (8.5%) from the same time one year ago.Inventory Change
There were 14 4-bedroom homes listed in Centre Wellington over the last 30 days (August 19 - September 17), which is up 55.6% compared with the previous 30 day period (July 20 - August 18) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Centre Wellington typically sold ($2,800) (0.3%) below asking price over the last 30 days (August 19 - September 17), which represents a $27,200 increase compared to the previous 30 day period (July 20 - August 18) and ($9,950) 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 4-bedroom homes in Centre Wellington over the last 30 days (August 19 - September 17) stood at 42.9%, up from 22.2% over the previous 30 days (July 20 - August 18) and down from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Centre Wellington stood at 30 days when successfully sold over the last 30 days (August 19 - September 17), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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