Welcome to Colborne St! Located in the Village of Elora, this solid Keating built bungalow has been well cared for by the same owners for 35 years. With approximately 2900sqft of living space, this comfortable home offers 3 bedrooms, 2 baths and an entertainer's kitchen/dining/great room. No need for a gym membership, the attached garage (easily converted back) has been repurposed into a bright gym/office combination. On the lower lever you'll find a spacious entertaining area with tons of storage. If outdoor living is a priority, then there is much to appreciate about the double lot. This mature neighborhood is the perfect setting for the large sundeck with soft tub. Perennial gardens line the private lot. Hardscaping offers many points from which to enjoy the Koi pond and waterfall, pergola and fire pit. Outdoor storage is housed by two large storage sheds. These properties are rarely offered in the Village. An easy commute to Guelph, KW and west GTA.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $577 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 220 Colborne St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
220 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® X13754544$864,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 220 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
$4,249
/mo
based on the purchase price of $864,900
$172,980 cash
$691,920 financed
$582,778 total interest
Principal54%$691,920
Interest46%$582,778
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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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 2–4 bed homes for sale in Centre Wellington around $865K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings202Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 5 – Aug 3, 2026: prices up.
Based on 218 sales from Aug 3 – Nov 1, 2026 (134 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 220 Colborne St
How much is 220 Colborne St listed for?
220 Colborne St is listed at $864,900 (MLS® X13754544). Summitly updates the price as soon as the MLS® record changes.
Is $864,900 a good price for 220 Colborne St?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 220 Colborne St changed?
No — 220 Colborne St is still listed at its original asking price of $864,900.
How many bedrooms and bathrooms does 220 Colborne St have?
220 Colborne St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Centre Wellington.
How much would the monthly mortgage be on 220 Colborne St?
About $4,249 a month — principal and interest on $864,900 with 20% down ($172,980), 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 220 Colborne St compare with other homes in Centre Wellington?
Its asking price of $864,900 is about 11% above the median sold price in Centre Wellington over the last 90 days, $777,450, across 218 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 220 Colborne St been sold before?
Summitly has no earlier MLS® sale or lease of 220 Colborne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 220 Colborne St?
220 Colborne St is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 220 Colborne St been on the market?
54 days — 220 Colborne St was listed on September 8, 2026.
What is the price per square foot of 220 Colborne St?
About $432 to $577 per square foot: the asking price of $864,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 220 Colborne St have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 220 Colborne St have a basement, and is it finished?
The listing describes the basement as: Finished, Full.
