384 South River Road, Centre Wellington, ON

$1,950,000
MLS#:X13226760
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3 beds
4 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 28, 2026. This listing is for reference purposes only. to view the sold price.

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Added:Jun 2, 2026(92 days ago)
Updated:Aug 28, 2026(5 days ago)
Last Checked:6 minutes ago

Property Highlights

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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 107.29 x 412.73 ft lot
  • Features a full, walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

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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Property Summary

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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Elora/Salem, Centre Wellington.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Centre Wellington.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Sold price information is available to members only
AddedJun 2, 2026 (92 days ago)
UpdatedAug 28, 2026 (5 days ago)
Last Checked6 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Wood
BasementFull, Walk-Out, Finished
Lot Size107.29 × 412.73 Feet
CountyWellington
Annual Tax$8,529.74
Legal DescriptionPT PARKLT 2 SE/S RIVER PL 88 NICHOL; PT PARKLT 3 SE/S RIVER PL 88 NICHOL PT 6 61R426; CENTRE WELLINGTON

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Hospital
  • Park
  • River/Stream
  • School
  • Wooded/Treed

Interior Features

  • Air Exchanger
  • Auto Garage Door Remote
  • Bar Fridge
  • Built-In Oven
  • Central Vacuum
  • Countertop Range
  • Water Heater Owned
  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 384 South River Road, Centre Wellington, ON

Q.What is the asking price for 384 South River Road, Centre Wellington, ON ?

The current listing price for 384 South River Road, Centre Wellington, ON in Elora/Salem, Centre Wellington is $1,950,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 384 South River Road, Centre Wellington, ON ?

384 South River Road, Centre Wellington, ON is a Detached (Bungalow) featuring a Full, Walk-Out, Finished basement.

Q.What key property features does 384 South River Road, Centre Wellington, ON offer?

Key property features include: Clear View, Hospital, Park, River/Stream, School, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, Countertop Range, Water Heater Owned, Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

Location

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384 South River Road, Centre Wellington, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Elora/Salem, Centre Wellington

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
▼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 384 South River Road, Centre Wellington, ON N0B 1S0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$585,000 (30.0%)
* Minimum Canadian down payment required for this price is $390,000.
Amortization Period30 Years
Estimated Monthly Payment$6,491Based on a loan of $1,365,000 over 30 years.
Purchase Price$1,950,000
Loan Amount$1,365,000
Provincial Land Transfer Tax:$35,475
Total Estimated Closing Taxes:$35,475

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.

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Elora/Salem, Centre Wellington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Elora/Salem, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,131,682

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Elora/Salem, Centre Wellington

Elementary Schools

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Secondary Schools

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Elora/Salem, Centre Wellington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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