120 Princess Street, Centre Wellington, ON

$969,900
MLS#:X11982816
4 beds
2 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on May 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $969,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 137 x 112 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This home has only housed two families. It has seen many children grow up and served them well. The 137 x 112 ft. lot holds memories of children playing, bon fires, laughter and many happy moments. With a full-length back deck with lots of privacy for those relaxing summer nights or even a giant play pen if you are tired of chasing kids and want to relax for a while. Located in the middle of town, walking distance to all amenities, easy access to sports activities, walking trials, parks, splash pad, conservation area and beach and so much more. My favourite spot has been the bright and spacious sunroom with wall-to-wall windows and a walkout to the deck. The living room is open to the sunroom with a cozy gas fireplace, storage closet and a beautiful view. This is perfect for family nights in during heavy snow days. The kitchen has plenty of cupboard space, a breakfast bar for quick meals or socializing and room to maneuver during a lot of activity. The formal dining room has more than enough space for dinner parties and family meals. There is room for an extra long table to fit comfortably and has a fabulous view of the baseball field in the summer and skating rink in the winter. Upstairs is a renovated 5pc washroom, and four spacious bedrooms with their own closets. If you need more space, the unfinished basement creates room to grow. Summer nights can be had enjoying some time on the front porch to watch the rain, baseball and rugby. This house has a view of our fabulous community life. The town of Fergus holds so much value and has a lot to offer a growing family. Downtown is a five-minute walk to enjoy the picturesque view, local shops and restaurants or to have a cocktail overlooking the grand river.

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Property Summary

This detached home located at 120 Princess Street, Centre Wellington is currently for sale and has been available on SousaSells for 512 days. This property is listed at $969,900 with an estimated mortgage of $3,228* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 120 Princess Street, Centre Wellington is in the Fergus neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 5, 2025
Sold price information is available to members only
Listed Date2/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFull, Unfinished
Lot Size137 × 112 Feet
CountyWellington
Annual Tax$5,396.83
Legal DescriptionPT LT 102, PL 55 , S OF THE RIVER AS IN MS14242 ; PT PRINCESS ST, PL 55 , CLOSED BY BYLAW MS25018 AS IN MS25293 ; TOWN OF FERGUS

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Rec./Commun.Centre, School, School Bus Route, Wooded/Treed

Interior Features

Auto Garage Door Remote, Carpet Free, Floor Drain, Water Heater Owned, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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120 Princess Street, Centre Wellington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 120 Princess Street, Centre Wellington, ON N1M 1Y2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$290,970 (30.0%)
* Minimum Canadian down payment required for this price is $71,990.
Amortization Period30 Years
Estimated Monthly Payment$3,228Based on a loan of $678,930 over 30 years.
Purchase Price$969,900
Loan Amount$678,930
Provincial Land Transfer Tax:$15,873
Total Estimated Closing Taxes:$15,873

About Purchasing a Home in Centre Wellington, ON

For a property listed at $969,900 in Centre Wellington, the legal minimum down payment is $71,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,873 for this transaction. As this listing is in Centre Wellington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,873.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Fergus, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$851,899

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.