Size
-
Lot size
29566 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$588 - $783
Taxes
$5,890 (2025)
Parking Type
-
Style
2-Storey
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Description
Experience the perfect blend of historic charm and modern versatility at 261 Colborne Street - one of the area's original 1880 homesteads, set on an impressive 71 x 414 ft lot backing directly onto the Elora Cataract Trailway. Just a short 1 km stroll to downtown Elora, this property offers the rare combination of small-town convenience and private, country-like serenity. The main home features 4 spacious bedrooms upstairs, including a generous primary with double closets, along with a 4-piece bathroom on the upper level. The main floor offers a bright eat-in kitchen filled with natural light, a cozy rear living room with walkout access to the deck and backyard, and a convenient 3-piece bathroom - ideal for guests or everyday family living. Downstairs, you'll find a fully self-contained 2-bedroom basement apartment complete with its own kitchen, full bathroom, and separate laundry - an ideal setup for multigenerational living, steady rental income, or short-term Airbnb rental potential. Outside is where this property truly shines. The massive, beautifully landscaped lot provides exceptional privacy in the warmer months, framed by mature trees and direct trail access. A heated detached workshop offers endless possibilities for hobbyists, small business owners, or additional storage, with ample room for future expansion. Generous parking easily accommodates multiple vehicles, guests, or recreational toys. Whether you're looking for a family home with income support, a savvy investment, or a private retreat just steps from downtown charm - this property delivers. Space. Privacy. Flexibility. A truly rare offering in Elora.
Broker: RE/MAX Real Estate Centre Inc
MLS®#: X12844206
Open House Times
Saturday, Mar 7th
2:00pm - 4:00pm
Sunday, Mar 8th
2:00pm - 4:00pm
Property details
Parking:
7
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
71 Ft
Lot depth:
414 Ft
Listed on:
Mar 4, 2026
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Basement | Bathroom | 6.1 x 6.2 ft | |
Second | Primary Bedroom | 15.7 x 12.9 ft | |
Basement | Living Room | 13.6 x 15.1 ft |
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Instant estimate:
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$57,737
lower than listed pricei
High
$1,157,953
Mid
$1,117,263
Low
$1,063,247
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