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Property Type: Detached HouseOwnership: Freehold
273 COLBORNE Street
Elora, ON N0B1S0
MLS® 40870289
56
Walk Score
44
Bike
$779,000
4 bed2 bath5 parking2,404 sqft
56
Walk Score
44
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 83 feet
R1A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,781.48
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 9'10'' x 8'3'' |
| Recreation room | Basement | 10'0'' x 15'7'' |
| Recreation room | Basement | 20'2'' x 19'7'' |
| Cold room | Basement | 9'10'' x 5'6'' |
| Bedroom | Basement | 9'10'' x 13'10'' |
| 3pc Bathroom | Basement | 9'10'' x 5'11'' |
| Primary Bedroom | Main level | 11'3'' x 16'5'' |
| Living room | Main level | 11'8'' x 23'1'' |
| Kitchen | Main level | 12'4'' x 17'2'' |
| Dining room | Main level | 8'6'' x 9'1'' |
| Bedroom | Main level | 13'0'' x 10'6'' |
| Bedroom | Main level | 9'10'' x 13'10'' |
| 4pc Bathroom | Main level | 5'4'' x 10'6'' |
Description
Welcome to 273 Colborne Street, where comfort, space, and small-town charm come together in the picturesque community of Elora. Situated on a generous 83-foot-wide lot, this beautifully maintained bungalow offers a functional and versatile layout suited to a variety of lifestyles. Step inside to a bright and inviting open-concept main floor, thoughtfully designed for both everyday living and entertaining. The spacious kitchen features abundant cabinetry and counter space, seamlessly connecting to the dining and living areas to create a warm and welcoming atmosphere. Three generously sized bedrooms complete the main level, each offering convenient built-in storage. The finished lower level provides even more flexibility, featuring a newly renovated bathroom and plenty of room for a potential fourth bedroom, home office, recreation room, fitness area, or guest retreat. Additional storage throughout adds to the home's practicality and appeal. Outside, the expansive backyard offers endless possibilities for entertaining, gardening, family activities, or simply relaxing and enjoying the outdoors. Ideally located just minutes from the heart of downtown Elora, you'll enjoy easy access to charming boutiques, local cafés, exceptional restaurants, scenic trails, and popular attractions such as the Elora Gorge and Elora Mill. Convenient access to Guelph and Waterloo Region adds to the appeal of this desirable location. Offering space, versatility, and an incredible lifestyle in one of Ontario's most charming communities, 273 Colborne Street is a wonderful place to call home. (id:63161)
Listing Information
- MLS®
- 40870289
- Data last synced
- October 25, 2026
Real Broker Ontario Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Real Broker Ontario Ltd.
MLS® Number: 40870289
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$324/sqft
Building average
—
No other active listings in this building
54 - Elora/Salem average
$430/sqft
8 active listing(s)
Parking: 5 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Nearby Places
Parks (5+)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
3.1 km away
Mortgage & Ownership Cost Calculator
Minimum required: 6.8% ($52,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$623,200.00
Periodic payment — Principal & Interest (monthly)$4,020.67
Additional monthly expenses (condo fees, tax, utilities, etc.)$518.46
Total monthly cost$4,539.13
Interest paid over 5-yr term$178,610.91
Balance at end of term$560,570.42
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$52,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,629.99
Cash Needed at Closing
Minimum down payment$52,900
Estimated Land Transfer Tax (LTT)$12,055
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,455
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
