Restored 1835 Stone Homestead with Award-Winning Addition in Elora

Property details for 6550 Gerrie Road, Centre Wellington

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 320 x 320 FT
Stories: 2
Basement: Crawl space
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone
Ownership: Freehold
Annual Taxes: $7,970 (2025)

This restored 1835 stone homestead on 2.35 acres is a rare find. The original house got a complete overhaul, and a modern addition was added in 2021/22. You get the thick stone walls and deep window sills of the old part, plus a bright, contemporary kitchen with Bertazzoni appliances and custom cabinetry. The main floor is made for entertaining-there's a separate dining room that seats 12, a living room with a gas fireplace, and the kitchen opens to a sitting area with another fireplace and a walkout to the patio. Upstairs, the primary suite is over the top: heated floors in the bathroom (yes, even the shower floor), a walk-in closet, a private balcony, and a coffee bar with its own dishwasher. Four bedrooms total, three baths, and over 3,500 square feet of finished space. The 2.35-acre lot is mostly lawn with mature trees and flower beds. Two-car attached garage, Generac backup power, tankless water heater, and central air. You're about 2 minutes from downtown Elora and 5 km from Centre Wellington District High School. Taxes last year were $7,970. Listed at $2,299,900-fitting for the quality and history here.

About 6550 Gerrie Road, Centre Wellington — Property Score

Great Location Hot Market

Score: 63/100

Value

Priced 152.9% above area median of $909,450 based on 84 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 fewer than similarly priced properties nearby 48

102,400 sqft lot - an oversized lot for the area 90

Location

$119K median household income - above the Canadian average of $70K 89

86% of residents hold postsecondary credentials - a highly educated neighbourhood 93

87% homeownership rate - indicating a stable, owner-occupied community 91

57% of residents commute under 30 minutes - good commuting convenience 75

698/km² population density - a low-density residential area 65

Market

Just listed - area average is 51 days on market 100

+103.3% median price change over 1 month - rising prices in the area 100

57.5 months of housing supply - 115 active listings with 2 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 6 spots 95

Crawl space basement 50

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.35% effective tax rate ($7,970/yr) - very low tax burden 90

11% renter population - primarily owner-occupied area 44

Quality

Condition

Listing

50 photos provided - 22% more than the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.