8 Wilson Cres
Elora/Salem, Centre Wellington, N0B 1S0
FOR SALE
$988,000

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Property Description
Welcome to a masterfully reimagined home, completely renovated in 2022 to offer the perfect blend of modern elegance and everyday comfort. With 1,533 sq. ft. above grade and an additional 1,341 sq. ft. of finished lower-level space, this raised bungalow is a rare find. Inside, the five spacious bedrooms and three beautifully appointed baths are thoughtfully distributedthree bedrooms on the main level and two on the lower level. The lower level, complete with a full kitchen and a private entrance, makes for an ideal in-law suite. Thanks to the raised bungalow design, oversized windows invite abundant natural light into every corner. The primary suite on the main level features a luxurious ensuite and direct access to the backyard deck, offering a serene retreat.The heart of the home is its stylish living room, where a striking wood-paneled accent wall and a stunning pyramid skylight create a space that is both sophisticated and inviting. The contemporary dining room, with its walkout to the patio, is illuminated by expansive windows and ambient recessed lighting. Adjacent is the gourmet kitchen, a chefs dream featuring high-end appliances, custom cabinetry, an ultra-modern wall wine display, and expansive countertops with abundant storagethe perfect blend of beauty and functionality. Hosting is effortless with a double-car garage and an oversized driveway accommodating three large vehicles. This is more than a homeit is a statement of refined living, rarely available in such a desirable location. Thoughtfully designed and impeccably finished, it offers the perfect balance of elegance and convenience, waiting to welcome its next discerning owner.
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Property Features
Golf, Park, Place Of Worship, School
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
114' x 66'
Fronting
North
Taxes
$4,151 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.74' x 12.93' | |
Living | Main | 13.48' x 14.01' | |
Dining | Main | 9.91' x 16.24' | |
Prim Bdrm | Main | 10.83' x 11.91' | |
2nd Br | Main | 10.50' x 11.32' | |
3rd Br | Main | 10.24' x 11.32' | |
Rec | Bsmt | 10.93' x 14.50' | |
Kitchen | Bsmt | 12.76' x 15.32' | |
Br | Bsmt | 10.50' x 20.24' | |
Br | Bsmt | 11.09' x 9.91' | |
Laundry | Bsmt | 8.92' x 8.99' |
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Centre Wellington Market Statistics
Centre Wellington Price Trend
8 Wilson Cres is a 3-bedroom 3-bathroom home listed for sale at $988,000, which is $253,347 (34.5%) higher than the average sold price of $734,653 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Centre Wellington declined by $90,339 (11.0%) compared to the previous 30 day period (December 22 - January 20) and down $24,447 (3.2%) from the same time one year ago.Inventory Change
There were 14 3-bedroom homes listed in Centre Wellington over the last 30 days (January 21 - February 19), which is up 16.7% compared with the previous 30 day period (December 22 - January 20) and up 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Centre Wellington typically sold ($27,905) (3.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,587 increase compared to the previous 30 day period (December 22 - January 20) and ($9,280) 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 (January 21 - February 19) stood at 92.9%, down from 108.3% over the previous 30 days (December 22 - January 20) and down from 136.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Centre Wellington stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 179 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Miller Real Estate Ltd.
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