273 Harrison Street, Centre Wellington

$949,990
273 Harrison Street

$949,990

New
4d
DetachedBungalow

273 Harrison Street, Centre Wellington

Total Monthly Obligation $4,207

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
4d
Score
19
Yield
4.3%
Cash on Cash
-2.5%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X14092240
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40 × 106 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Bosley Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Elora/Salem
Title-Residential Freehold

No agent assigned

New Price & Ready for New Owners! Discover the perfect blend of style, comfort and easy living in this beautifully finished 3-bedroom bungalow with loft, located in Elora's desirable South River community. Offering over 2,200 sq ft of thoughtfully designed living space, this home features a true main-floor primary suite and a layout that offers flexibility for every stage of life.Step inside to hardwood floors, 9' ceilings, elegant stone countertops, a striking backsplash and an impressive 8' kitchen island with convenient pots-and-pans drawers. Wood stairs add warmth and character, while the main-floor laundry offers custom cabinetry and plenty of additional storage. The spacious great room provides a wonderful setting for entertaining or simply relaxing at home.The main-floor primary retreat features a generous walk-in closet and beautifully appointed ensuite with double vanity and tiled glass shower. Upstairs, two additional bedrooms, a full 4-piece bath and a spacious loft offer the perfect combination of privacy and versatile living space for family, guests or a home office.Looking for even more room? The unfinished basement boasts impressive 8'10" ceilings and large windows, offering endless possibilities for future living space.Backing onto an attractive, professionally maintained bungalow townhome community, the setting complements the home's easy-living appeal.Move-in ready, newly priced and just a short stroll from the shops, restaurants and charm of downtown Elora. A wonderful opportunity to enjoy a brand-new home in one of the area's most sought-after communities!

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%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$759,992
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,973

Total Monthly Obligation

$4,207/mo
Mortgage $3,832
Monthly Loss $3,199
Principal$1,008
Interest$2,824
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.3%38
10-Year IRR
10.7%
Returns Index
20.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,232/yr
NOI
$32,609/yr
Net Cash Flow
-$1,115/mo
Cash Margin
-32.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 273 Harrison Street

Time

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