Welcome to 168 South River Road, Elora - featuring a truly unique custom built BUNGALOW on an equally unique RIVERFRONT lot. This is an incredible opportunity to add significant value here - and make this your forever home. Bring your ideas and designer on this one. Let's talk about the the oasis - like setting first. Beautifully landscaped for privacy out front , this amazing treed lot stretches over 585 feet to the river. And this is not your average lot. Half way back , you descend down a stairway next to a stunning limestone cave wall as you meander the trail amongst the trees to the river's edge where you can sit and watch the water flow by and enjoy your slice of heaven. The home itself was built in the early 80's, offering over 2800 square feet of finished living space with opportunity to add more. The stand out feature on the main level is a skylight that stretches the width of the home allowing for an abundance of natural light to stream through the home. Gorgeous outside nature views through large windows along the back of the home - with access to a massive rear deck. Plus I would be remiss not to mention the sunroom with its floor to ceiling windows that allow you to immerse yourself further into your peaceful surroundings. Other features to note are the vaulted ceilings of course, double sided wood fireplace - and 2 car garage. Currently configured with 3 bedrooms up ( including primary with ensuite ) and 1 bedroom down. Book your private tour today.
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $750 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 168 South River Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
2000-2500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
168 South River Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14101914$1,499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 168 South River Rd Compares to the Centre Wellington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,369
/mo
based on the purchase price of $1,499,900
$299,980 cash
$1,199,920 financed
$1,010,648 total interest
Principal54%$1,199,920
Interest46%$1,010,648
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Zara · AI virtual agent
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Centre Wellington
Other 3–6 bed homes for sale in Centre Wellington around $1.5M.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings210Homes for sale here right now.
Median vs prior 90 days+2.0%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 224 sales from Jul 25 – Oct 23, 2026 (124 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 168 South River Rd
How much is 168 South River Rd listed for?
168 South River Rd is listed at $1,499,900 (MLS® X14101914). Summitly updates the price as soon as the MLS® record changes.
Is $1,499,900 a good price for 168 South River Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Centre Wellington. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 168 South River Rd changed?
No — 168 South River Rd is still listed at its original asking price of $1,499,900.
How many bedrooms and bathrooms does 168 South River Rd have?
168 South River Rd has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Centre Wellington.
How much would the monthly mortgage be on 168 South River Rd?
About $7,369 a month — principal and interest on $1,499,900 with 20% down ($299,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 168 South River Rd compare with other homes in Centre Wellington?
Its asking price of $1,499,900 is about 93% above the median sold price in Centre Wellington over the last 90 days, $777,450, across 224 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 168 South River Rd been sold before?
Summitly has no earlier MLS® sale or lease of 168 South River Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 168 South River Rd?
168 South River Rd is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 168 South River Rd been on the market?
2 days — 168 South River Rd was listed on October 21, 2026.
What is the price per square foot of 168 South River Rd?
About $600 to $750 per square foot: the asking price of $1,499,900 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 168 South River Rd have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 168 South River Rd have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
