C$899,900

Acreage today. Potential for tomorrow. Set on approximately 2.4 acres in Elora, 120 Wellington Road 7 combines an existing two-bedroom bungalow, a heated detached workspace and an unusually deep property with the opportunity to explore one additional rear flag lot. Preliminary planning correspondence identified a possible two-lot arrangement, with a retained front parcel and a new lot behind, subject to current planning, servicing and access approvals. The accompanying aerial concept illustrates the idea; it is not an approved severance or survey. Centre Wellington's master plan identifies future municipal water and wastewater infrastructure along Wellington Road 7. The development concept illustrates one possible residential vision for the property's longer-term potential, subject to feasibility and approvals. Enjoy the property as it stands while considering its next chapter. The home offers a generous living room, separate dining area, kitchen, main-floor laundry, a small den and one four-piece bathroom. A heated detached workspace adds flexibility for personal projects or working from home. An established orchard of apple and pear trees and mature plantings bring character to the grounds. Natural gas and electricity serve the property; the furnace, water heater and water softener are owned. For buyers seeking room to spread out today and a meaningful opportunity to investigate future severance, this property brings the home, land and possibilities together just minutes from the heart of Elora. (id:41202)