Elora Ontario
7,756

Population

$725,000

Median Home Price

$91,615

Median Family Income

Elora — Ontario’s Most Beautiful Village

Established in 1839, Elora Ontario was named by Scott, Capt. Gilkinson after the Ellora Caves in India. The towering 80-foot limestone Gorge runs through the heart of the village, descending into the Irvine and Grand Rivers that inspired the name. The village core is still rich with history, it’s 18th-century architecture sets a picturesque scene for tourists and residents alike. Elora has been named “Ontario’s Most Beautiful Village” for several consecutive years.

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    Real Estate Elora

    Elora real estate has some of the most expensive homes in Centre Wellington. The region is popular for families and those looking for a more relaxed way of life. Commuters have perhaps driven prices up in the last decade. The median home price in Elora is $725,000 while neighbouring Fergus is at a more comfortable $480,000 range. Elora includes a wide variety of homes for sale, many showcasing the local limestone found in many of the beautiful buildings in the downtown core.

    Economy

    Elora’s economy is heavily based in agriculture but in the last 10-20 years has benefited greatly from tourism. The region is not without industry, manufacturing, a growing retail landscape, healthcare services and trades. The regional census puts 6.4% of the workforce in agriculture and resource-based industry, 24.8% in manufacturing and construction, 19.8% in health and education and 13.2% in wholesale and retail trade. Fun fact: Centre Wellington, especially Elora encourages the filming of movies and TV shows and it is not rare to find a large production taking place in the streets of its beautiful downtown core. Our favourite of Elora’s Cameos has got to be “Sleepless in Seatle,” starring Meg Ryan & Tom Hanks.

    Environment

    Elora is known for its environmentally conscious policy and forward-thinking population. The community members are generally quite active in pushing for improving processes and practices in order to make Elora more eco-friendly.

    Lifestyle

    Elora is definitely a kid and pet-friendly place to visit and call home. With plenty of beautiful green spaces and outdoor adventure opportunity nature and adventure, enthusiasts flock to the area for everything from cliff jumping, rock climbing, tubing, kayaking, hiking, camping and more. A rich cultural scene has developed over the years offering residents and visitors alike access to great concert series, art tours and plenty to keep the senses pleased.

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    Would you like more information about Elora? Let us connect you with one of our Elora REALTORS® that specializes in this community.

      Elora Real Estate & Homes for Sale

      Searching for real estate in Elora has never been more convenient. With Royal City Realty, you can browse single family homes for sale, condos & townhouses and commercial properties to quickly get a general perspective of the real estate market in Elora Ontario.

      20 STATION Square Unit# 212 Elora

      20 STATION Square Unit# 212

      For Sale
      $479,900
      1   bed
      1   bath
      26 BRICKER Avenue Elora

      26 BRICKER Avenue

      For Sale
      $1,049,999
      4   beds
      3   baths
      482 WASHINGTON Street Elora

      482 WASHINGTON Street

      For Sale
      $1,299,900
      3   beds
      2   baths

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      Contact a Royal LePage Royal City Realty Agent to get expert advice and knowledge on buying houses in Elora Ontario. Our REALTORS® are here to help you find that ideal property for you.