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Tertiary Property View
Exceptional Property

103 McGowan Street, Centre Wellington (Elora/Salem)

$1,149,900
4 Bedrooms
3 Bathrooms
null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

N/A

Square Footage

N/A

Bedrooms

4 Bedrooms

Bathrooms

3 Bathrooms

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Tucked into one of Elora's most welcoming neighbourhoods, just steps from the trail and minutes from the charm of downtown, this thoughtfully updated bungalow offers comfort, style, and simplicity in equal measure. Intelligent updates and timeless finishes create a space that's both functional and beautiful - from quartz countertops and custom cabi...

MLS Number

X12431402

Listed By

MV Real Estate Brokerage

Last Updated

Oct 28, 2025, 1:00 a.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type
Single Family
Architectural Style
House

Interior Features

Basement
Finished, Full
Number of Fireplaces
1

Climate Control & Utilities

Heating System
Forced air, Natural gas
Air Conditioning
Central air conditioning, Air exchanger

Exterior & Surroundings

Exterior Construction
Brick, Stone
Foundation
Poured Concrete

Additional Amenities

Washer, Water softener, Hot Tub, Central Vacuum, Dryer, Blinds, Garage door opener remote(s)

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

Property image
46
New
MLS# X12431402
List Date
Sep 29, 2025, 11:40 a.m.
List Price
$1,149,900
Property Type
Sale
Bedrooms
4
Bathrooms
3

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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