135 Rea Drive, Centre Wellington, ON

$869,990
MLS#:X12141224
4 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 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 stone and brick construction, this residence presents an exceptional opportunity offered at $869,990 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 10.97 x 33 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • Efficient forced air heating via gas

Description

Welcome to Storybrook, an exclusive community nestled in the charming town of Fergus. This 2,450 sq. ft., 4 bedroom, 3.5 bathroom home, built by the Sorbara Group, is designed for modern living and ready for you to select your interior finishes. The main floor boasts 9' ceilings, an eat-in kitchen complete with a central island and a walk-in pantry for all your storage needs, and a mudroom conveniently located off the garage. Upstairs, the primary suite offers a generous walk-in closet and a 4-piece ensuite with a double-sink vanity. Bedrooms 2 and 3 are connected by Jack & Jill bathroom. For added convenience, the laundry room is also located on the second floor. Enjoy convenient access to downtown Fergus, where you'll find all the essential amenitites for shopping, dining, and entertainment. The hospital is just minutes from the community, and the picturesque town of Elora is only a short drive away. This is the home and community you've been waiting for.

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Property Summary

This detached home located at 135 Rea Drive, Centre Wellington is currently for sale and has been available on SousaSells for 434 days. This property is listed at $869,990 with an estimated mortgage of $2,896* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 135 Rea Drive, 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
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 11, 2025
Sold price information is available to members only
Listed Date5/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStone, Brick
BasementUnfinished
Lot Size10.97 × 33 Metres
CountyWellington
Annual Tax$0
Legal DescriptionLOT. 257, PHASE 2A, FERGUS, PLAN# 61M-245

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Other

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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135 Rea Drive, 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 135 Rea Drive, Centre Wellington, ON N1M 0J8

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.

Market Trend
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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$260,997 (30.0%)
* Minimum Canadian down payment required for this price is $61,999.
Amortization Period30 Years
Estimated Monthly Payment$2,896Based on a loan of $608,993 over 30 years.
Purchase Price$869,990
Loan Amount$608,993
Provincial Land Transfer Tax:$13,875
Total Estimated Closing Taxes:$13,875

About Purchasing a Home in Centre Wellington, ON

For a property listed at $869,990 in Centre Wellington, the legal minimum down payment is $61,999 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 $13,875 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 $13,875.

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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.