21 Colborne St is a 4-bedroom, 2-bathroom detached home in Centre Wellington, listed for $1,100,000. It has 2000-2500 sq ft of living space.
1Welcome to Colborne Cottage.
2Known as Colborne Cottage, this circa-1880 residence features four bedrooms, two baths and a desirable corner lot, all wrapped in the warmth and character of a bygone era.
3A truly special opportunity to own a piece of Elora's heritage and make its next chapter your own.
Welcome to Colborne Cottage. Charming and rich in small town character, this well maintained two storey heritage home is an opportunity to own a piece of Elora's history. Known as Colborne Cottage, this circa-1880 residence features four bedrooms, two baths and a desirable corner lot, all wrapped in the warmth and character of a bygone era. Retaining many of its original features and period charm, this home offers endless appeal for those considering a quintessential small town residence or an enchanting, Hallmark movie inspired bed and breakfast. Located just steps from the charming shops, boutiques and cafés that have made downtown Elora a beloved destination for decades. A truly special opportunity to own a piece of Elora's heritage and make its next chapter your own.
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $550 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 21 Colborne St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Unfinished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Unfinished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
21 Colborne St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14110318$1,100,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 21 Colborne St 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
$5,404
/mo
based on the purchase price of $1,100,000
$220,000 cash
$880,000 financed
$741,191 total interest
Principal54%$880,000
Interest46%$741,191
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.
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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 4–5 bed homes for sale in Centre Wellington around $1.1M.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings211Homes 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 21 Colborne St
How much is 21 Colborne St listed for?
21 Colborne St is listed at $1,100,000 (MLS® X14110318). Summitly updates the price as soon as the MLS® record changes.
Is $1,100,000 a good price for 21 Colborne St?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 21 Colborne St changed?
No — 21 Colborne St is still listed at its original asking price of $1,100,000.
How many bedrooms and bathrooms does 21 Colborne St have?
21 Colborne St has 4 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 21 Colborne St?
About $5,404 a month — principal and interest on $1,100,000 with 20% down ($220,000), 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 21 Colborne St compare with other homes in Centre Wellington?
Its asking price of $1,100,000 is about 41% 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 21 Colborne St been sold before?
Summitly has no earlier MLS® sale or lease of 21 Colborne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 21 Colborne St?
21 Colborne St is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 21 Colborne St been on the market?
21 Colborne St was listed today (October 23, 2026).
What is the price per square foot of 21 Colborne St?
About $440 to $550 per square foot: the asking price of $1,100,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 21 Colborne St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 21 Colborne St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Full.
