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Listed 10 days ago

3 Torrance Lane

Belwood, Centre Wellington

$1,100,000

Detached|Bungalow
3 | 2 | 8
About this home

Welcome home where peaceful country living meets the timeless beauty and charm of Centre Wellington. Tucked away in the quiet community of Belwood, this custom-built 3-bedroom, 2-bath bungalow offers privacy and endless possibilities. Set on an impressive corner lot, the home is filled with natural light, featuring an open-concept design, soaring 11-foot ceilings and expansive windows. Beautiful craftsmanship shines throughout, hardwood floors, graceful arch entryways and oversized trim. Outside, imagine summer afternoons boating or fishing on Belwood Lake, exploring the Elora Cataract Trailway, discovering the Grand River, or simply enjoying a quiet morning on your expansive backyard deck. With almost 3/4 an acre to make your own, there's room to garden, entertain, play and create the backyard you've always imagined. A short drive to Fergus and charming Elora, this is a chance to embrace a slower, more beautiful pace of life with room to breathe, dream and truly feel at home.

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  • Sun, Oct 25

    2:00 PM – 4:00 PM

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$6,146
Lot Size153.81 ft x 255.32 ft
mls© NumberX13884362
Listed ByINTERCITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,630
Property tax
$512
Heat allowance
$150
Housing costs
$6,292 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $220,000
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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