1 CUTTING Drive

1 / 25

$824,900

1 CUTTING Drive

Elora/Salem, Elora · MLS® 40858961

434

2,093 sq ft · House · Single Family · built 1998 · 57 days on market

listed by JEREMY CRAWFORD, Peak Realty Ltd.

realtor's description

Well maintained 3+1 Bedroom , 3 Bath, Raised Bungalow with an oversized lot and a professionally finished lower level with bedroom, rec room and 3pc bath. Perfect for In-law setup, Nicely landscaped fenced rear yard. cathedral main floor ceilings, primary bedroom ensuite and more. Close to Parks, Schools, Grocery and Entertainment

property details

type: House, Single Family
bedrooms: 4
bathrooms: 3
living area: 2,093 sq ft
parking: 4
year built: 1998
property tax: $4,797 / yr
days on market: 57
MLS®: 40858961

features

Corner Site
Paved driveway
Sump Pump
Automatic Garage Door Opener
Community Centre
Washer

monthly cost

$3,994/mo

Mortgage $3,594 · Tax $400

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,594/ monthly

loan $659,920

25-year amortization

down payment20% · $164,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $418,283
cash to close: $164,980; down payment; transfer tax and fees not included
total paid: $1,078,203

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.