66 Woolwich Street W, Centre Wellington

$829,000
66 Woolwich Street W

$829,000

New
29d
DetachedBungalow-Raised

66 Woolwich Street W, Centre Wellington

Total Monthly Obligation $4,055

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
29d
Score
18
Yield
4.3%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13824564
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-66 × 132 ft
Listed on site-Sep 24, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$4,031 (2026)
Parking-5 - Attached
Basement-Full, Finished, Walk-Up
Heating-Baseboard (Electric)
Brokerage-Keller Williams Home Group Realty
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Other
Possession-Flexible
Neighbourhood-Elora/Salem
Title-Residential Freehold

No agent assigned

Welcome to 66 Woolwich Street, located in the charming community of Salem, just on the edge of Elora! This well maintained raised bungalow offers a practical layout with over 1,500 sq. ft. of finished living space, providing plenty of room for families, first-time buyers, or those looking to downsize without giving up space. The main level features three comfortable bedrooms, a functional living area and an inviting layout that is easy to make your own. The lower level adds even more flexibility with a fourth bedroom, spacious recreation room and woodstove, creating the perfect space for a growing family, teenagers, guests, a home office or additional living space. Step outside to enjoy the large, landscaped 66' x 132' lot, offering plenty of room for the kids, pets, gardening, entertaining or simply enjoying your own backyard. Located in Salem, a sought-after small community just minutes from Elora, you'll enjoy a quieter setting while still being close to the shops, restaurants, trails, parks and amenities that make Centre Wellington such a desirable place to call home. Be sure to check out the online floor plans to appreciate the layout and versatility this home has to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$663,200
Land Transfer Taxes$13,055
Legal Fees (Est.)
$
Total cash required for closing$180,355

Total Monthly Obligation

$4,055/mo
Mortgage $3,344
Monthly Loss $3,175
Principal$880
Interest$2,464
Property Tax$336
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,640/yr
NOI
$23,545/yr
Net Cash Flow
-$1,382/mo
Cash Margin
-46.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.9/ 100

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

Comparables

Properties near 66 Woolwich Street W

Time

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