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Elora Mill Residences Condos in Centre Wellington

6523 WELLINGTON Road, Centre Wellington

Total Units

7

For Sale

0

For Rent

22

Sold

28

Leased

$1.3M

Avg Price

60

Days (Sale)

36

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
700 - 2,499 SQFT
Property Management:
Weigel Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$3.0M

Lowest Sale (12mo)

$690K

Median Maintenance

$718/mo

Year Built

Elora Mill Residences Market

Updated Aug 23, 2026
Condos
Median sale price
$1.34M
Median PSF (est.)▲ 3.3%
$791/sqft
Sold last 90 days
3
Active listings
4
Months of inventory
–
Avg days on market
25
Sale-to-list ratio
96.02%
Absorption rate
0.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 40.00% · End-user: 60.00% (from 3 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $791 — +51.36% vs community avg ($523)[premium]
Supply vs demand by unit type (90d)
Sample: 4 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 4 active / 3 sold · mismatch +0.00%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
1br (8 sales) — 87.50% closed with concessions, avg 3.04% below ask
2br (9 sales) — 100.00% closed with concessions, avg 5.19% below ask
Seasonality (annual pattern)
Historically strongest months: Jun, Nov, May
Historically weakest months: Sep, Mar, Jul
Annual averages: DOM 60.8d · sale-to-list 96.02% (n=17)
Monthly detail
Jan · 2 sales · DOM 47.0d · STL 96.70%
Feb · 2 sales · DOM 83.0d · STL 98.73%
Mar · 1 sales · DOM 114.0d · STL 95.61%
May · 2 sales · DOM 32.0d · STL 96.74%
Jun · 3 sales · DOM 14.3d · STL 96.39%
Jul · 2 sales · DOM 122.5d · STL 93.16%
Aug · 2 sales · DOM 56.0d · STL 97.29%
Sep · 1 sales · DOM 112.0d · STL 89.48%
Nov · 1 sales · DOM 19.0d · STL 96.26%
Dec · 1 sales · DOM 64.0d · STL 96.46%

Market Intelligence

Price per sqft analysis and trends

Elora Mill Residences

Sale PSF

N/A

Lease PSF

N/A

Elora/Salem

Sale PSF

$695/sqft

3 sales

Lease PSF

$2.40/sqft/mo

1 leases

Centre Wellington

Sale PSF

$550/sqft

4 sales

Lease PSF

$2.13/sqft/mo

4 leases

Wellington

Sale PSF

$513/sqft

33 sales

Lease PSF

$2.45/sqft/mo

3 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Elora Mill ResidencesThis Building
——/mo——
Elora/Salem
6952.40/mo31
Centre Wellington
5502.13/mo44
Wellington
5132.45/mo333

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingarea

Purchase

N/A

Monthly Lease

$71.46/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Bike Storage
Communal Waterfront Area
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Ind. Water Softener
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsHeatNoneParking

Building Reviews

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About Elora Mill Residences Condos

Elora Mill Residences is a premier condominium located at 6523 WELLINGTON Road, Centre Wellington. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 57 units available at Elora Mill Residences, with prices averaging around $1267K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Elora Mill Residences stands out in Centre Wellington's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Elora Mill Residences, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Elora/Salem, Centre Wellington and the Wellington area.

Units for Sale at Elora Mill Residences

Keywords: Elora Mill Residences Centre Wellington Real Estate

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