$619,000
For sale: Apartment

Welcome to Suite 408 at 6492 Gerrie Road in beautiful Elora! Built in 2014, this immaculately maintained condominium building is home to this spacious 1,216 sq. ft., 2-bedroom, 2-bathroom suite, lovingly maintained by its original owner. The bright, open-concept living and dining area features beautiful flooring, large windows and plenty of natural light. The kitchen offers stainless steel appliances, including a dishwasher, and overlooks the living space. Step outside onto your private balcony and take in the beautiful views while enjoying your morning coffee or unwinding at the end of the day (electric BBQs allowed). The generous primary bedroom features two large closets leading to a private ensuite, along with the convenience of in-suite laundry. The second bedroom offers flexibility for guests, a home office or hobby space, and features its own spacious closet. Storage is certainly not in short supply here, with generous closet space throughout the suite and a large, conveniently located main-floor storage locker. With two full bathrooms, one featuring a walk-in shower and the other a bathtub, this suite offers comfort and practicality for everyday living. Additional highlights include geothermal heating and cooling and a new hot water tank (2025, owned). The building is beautifully maintained and offers an impressive selection of amenities, including a fitness room, guest suite for overnight visitors, recently updated party room, bicycle storage and an outdoor gazebo. Just steps from the Elora Cataract Trailway and close to charming shops, cafés, restaurants, schools and the museum, there's so much to enjoy right outside your door. Gerrie Farm Market is just across the street, where you can pick up fresh produce and delicious baked goods. Enjoy the charm of Elora, the convenience of nearby amenities and the ease of condo living in this beautiful, move-in-ready home. All that's left to do is unpack and enjoy! One parking space is included.
Sold data
Homes in Elora Salem took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 76, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $890,000.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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