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Property Type: Detached HouseOwnership: FreeholdNEW LISTING
6652 THIRD LINE W Line W
Elora, ON N0B1S0
MLS® 40873871
0
Walk Score
18
Bike
$1,499,900
5 bed3 bath2 parking2,416 sqftBuilt 1991
0
Walk Score
18
Bike
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 10.03 acres
- Frontage
- 411 feet
A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,288
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Propane
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Basement | 7'0'' x 13'1'' |
| Bedroom | Basement | 10'4'' x 13'0'' |
| Storage | Basement | 3'9'' x 12'2'' |
| Bedroom | Basement | 12'10'' x 16'9'' |
| Bedroom | Basement | 9'6'' x 13'10'' |
| Recreation room | Basement | 24'2'' x 25'3'' |
| Bedroom | Main level | 10'2'' x 14'10'' |
| 3pc Ensuite bath | Main level | — |
| 4pc Bathroom | Main level | — |
| 3pc Bathroom | Basement | — |
| Primary Bedroom | Main level | 11'1'' x 13'0'' |
| Foyer | Main level | 14'4'' x 10'11'' |
| Eat in kitchen | Main level | 13'2'' x 16'10'' |
| Living room |
Description
Country living, room to roam and an exceptional shop come together on this 10-acre agriculturally zoned property, offering a country feel just minutes from Waterloo and Elora. The rare and well-cared-for brick bungalow on a PAVED road features 4 bedrooms, 3 baths, two walkouts and a walk-up, connecting the home to its beautiful surroundings and making it ideal for entertaining. Natural light streams through new windows, creating bright, inviting living spaces, while a steel roof with a 50-year warranty adds lasting value. Parking for 8+ vehicles at the home provides ample space for family and guests. An impressive 40' x 60' insulated and heated shop offers 200-amp service, dual 14' doors and a generous 16' ceiling height. With its own separate driveway on the opposite side of the property, this versatile space provides independent access for equipment, projects and hobbies. Your next hobby farm awaits, with a chicken coop already in place and a landscape featuring a hay field behind the house, followed by a forested area and another hay field beyond. Closer to home, a dedicated dog run and children's play sets add everyday enjoyment, while a private hot tub area, brick breakfast patio and firepit area create inviting places to relax, entertain and take in the country setting. From the welcoming bungalow to the outstanding shop and acreage, the sum of this property's parts equals an incredible opportunity. Bring your vision and make country living your own! (id:63161)
Listing Information
- MLS®
- 40873871
- Data last synced
- October 29, 2026
The Realty Firm Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: The Realty Firm Inc.
MLS® Number: 40873871
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
$621/sqft
Building average
—
No other active listings in this building
51 - Rural Centre Wellington West average
$518/sqft
1 active listing(s)
Parking: 2 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.
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,199,920.00
Periodic payment — Principal & Interest (monthly)$7,741.48
Additional monthly expenses (condo fees, tax, utilities, etc.)$811.67
Total monthly cost$8,553.14
Interest paid over 5-yr term$343,900.52
Balance at end of term$1,079,331.92
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$124,990
Stress test qualifying rate8.19%
Payment you must qualify for$10,660.70
Cash Needed at Closing
Minimum down payment$124,990
Estimated Land Transfer Tax (LTT)$26,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$152,963
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.