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65 Finnie Lane

Elora/Salem, Centre Wellington, ON
$1,395,000
2+2Bd
4Ba
1,750+sqft
4Parking
50 x 111.55 ftlot
$797/sqft
DetachedMLS# X12995838Listed 2026-04-144 DOM
Cooling
Central Air

About this home

Discover the pinnacle of VERSATILE LUXURY. This Wright-Haven built residence features a FULLY LEGAL BASEMENT APARTMENT, which was masterfully renovated by a high-end Toronto contractor, creating TWO DISTINCT UPSCALE LIVING AREAS. This property is the ultimate find for MULTI-GENERATIONAL FAMILIES, those seeking premium rental income, or those looking to dominate the local Airbnb market. The lower-level suite is a masterclass in quality construction, featuring a full kitchen with a center island & a Blanco sink, two bedrooms with hardwood floors, and a family room with an electric fireplace and built-in shelving. Luxury extends to the bathroom's HEATED FLOORS and an ensuite equipped with an AIR BUBBLE TUB. The ELEGANT WALKOUT TO A PRIVATE YARD provides a separate & discreet entrance to the suite. The furnace has been equipped with an automatic shutoff & sprinkler in the event of a fire. Upstairs, the bungalow lifestyle is equally impressive, boasting a FAMILY ROOM WITH A VAULTED CEILING & a well-appointed kitchen with quartz countertops and a gas stove. The primary suite offers heated ensuite floors and a WALK-OUT DIRECTLY TO A SUNKEN HOT TUB. The outdoor space is a private oasis, featuring a massive maintenance-free deck with NON-SLIP, HEAT-RESISTANT COMPOSITE DECKING and elegant glass panels. A separate lower-level patio is perfect for guests on the lower level, separate from the primary decking. The meticulously landscaped yard includes an OVERSIZED GARDEN SHED with electrical service and a side-yard dog run. As the sun sets, AMBIENT EXTERIOR LIGHTING transforms the perennial gardens into a magical retreat. Trading the city bustle for Elora means embracing a new, vibrant lifestyle. Stroll scenic paths to the historic 19TH-CENTURY LIMESTONE ARCHITECTURE OF DOWNTOWN, and the world-class spa and FINE DINING AT THE OLD MILL. ELORA GORGE offers hiking and kayaking. Experience the rare flexibility and upscale charm of TWO HOMES IN ONE at this exceptional Elora address.

RenovatedBasement AptWalkoutHardwoodFireplace

Rooms

Main Floor
Family Room5.40 × 4.90 m
Dining Room3.85 × 3.23 m
Kitchen3.77 × 3.23 m
Primary Bedroom5.56 × 3.95 m
Bedroom 25.13 × 3.03 m
Laundry2.92 × 2.85 m
Basement
Foyer2.88 × 2.25 m
Family Room4.05 × 3.93 m
Dining Room2.75 × 2.10 m
Kitchen5.09 × 2.88 m
Primary Bedroom4.08 × 3.91 m
Bedroom 24.56 × 3.15 m
Laundry2.38 × 1.83 m
Utility Room4.78 × 4.34 m

Features

  • Primary Bedroom - Main Floor
  • Accessory Apartment
  • Auto Garage Door Remote
  • Deck
  • Hot Tub
  • Landscape Lighting
  • Lighting
  • Landscaped
  • Separate Entrance
  • Walk-Up
  • Full
  • Central Air
  • Bungalow

Financials

Annual Taxes
$6,279

Estimated Rental Income

Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield2.2% – 3.3%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Centre Wellington

Days on market4 days
Buyer's MarketSeller's Market

Based on active listings in Centre Wellington. Data updates daily.

Our estimate for this home

Priced 22.6% above estimate
Estimated range
$1.05M$1.22M
Mid-point $1.14M · ~$650/sqft
How this listing compares
$1.05MList · $1.40M$1.22M
High confidence·Based on 5815 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,395,000
65 Finnie Lane, Centre Wellington
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