This property was sold on August 28, 2026. This listing is for reference purposes only. to view the sold price.
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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Elora/Salem. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Once in a rare while, a property comes to market that immediately leaves a lasting impression. This is one of those extraordinary homes. Thoughtfully custom-built and strategically positioned on the lot to maximize natural sunlight, this stunning bungalow with a walkout basement offers an exceptional connection to nature. Floor-to-ceiling windows frame breathtaking views of the protected greenspace beyond, where deer, foxes, ducks, and countless bird species create a truly private and peaceful setting. Perfectly situated on prestigious South River Road between Elora and Fergus, this riverfront property enjoys direct access to the renowned Trestle Bridge Trail, a scenic multi-use pathway featuring a spectacular crossing over the Grand River and connecting both communities. The main living area is anchored by a dramatic floor-to-ceiling stone, wood-burning fireplace, while the luxurious primary suite features its own gas fireplace and a spa-inspired 6-piece ensuite with a soaker tub, an oversized glass shower with dual showerheads, and a private water closet. A bright sunroom overlooks the backyard and opens onto a large deck, providing the perfect space to relax and enjoy the surrounding landscape. Designed for entertaining, the walkout lower level features in-floor radiant heating throughout, a custom-designed bathroom with handpicked travertine floors, a spacious rec room with a second stone wood-burning fireplace, bar complete with a Fisher & Paykel dishwasher, a Sub-Zero fridge and storage, a dedicated home gym, a private office, and a third bedroom with convenient access to the bathroom. Adding to the home's distinctive character, the exterior combines natural wood and limestone, much of which was excavated on-site and incorporated into the home's construction. A double-car attached garage completes the package. Offering exceptional craftsmanship, stunning riverfront surroundings, and one of the area's most desirable locations, this property truly stands apart.
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This detached home located at 384 South River Road, Centre Wellington is currently for sale and has been available on zoozaa for 92 days. This property is listed at $1,950,000 with an estimated mortgage of $6,491* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 384 South River Road, Centre Wellington is in the Elora/Salem neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Elora/Salem, Centre Wellington.
Families, couples, or downsizers looking for a well-proportioned home in Centre Wellington.
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The current listing price for 384 South River Road, Centre Wellington, ON in Elora/Salem, Centre Wellington is $1,950,000.
This property features 3 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
384 South River Road, Centre Wellington, ON is a Detached (Bungalow) featuring a Full, Walk-Out, Finished basement.
Key property features include: Clear View, Hospital, Park, River/Stream, School, Wooded/Treed.
Interior highlights include: Air Exchanger, Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, Countertop Range, Water Heater Owned, Water Softener.
Yes, this property offers parking space for 8.0 vehicles (Attached).
Heating is provided via Electric and cooling via Central Air.
Elora/Salem, Centre Wellington
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 384 South River Road, Centre Wellington, ON N0B 1S0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
About Purchasing a Home in Centre Wellington, ON
For a property listed at $1,950,000 in Centre Wellington, the legal minimum down payment is $390,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $35,475 for this transaction. As this listing is in Centre Wellington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $35,475.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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