160 Forfar Street, Centre Wellington, ON

$589,900
MLS#:X12249241
4 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $589,900 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 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 45 x 134 ft lot
  • Features a partial basement 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: Upgraded Insulation, Water Heater, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Ready to break into the detached market? Whether you're a first-time buyer or a contractor searching for your next project, this 1.5 storey with a side-split addition is full of potential. Offering 4 bedrooms, 3 bathrooms, and a heated workshop behind the garage, there's room here to make your mark. The updated kitchen features stainless steel appliances, a central island with bar seating, and opens to a bright dining/living area with hardwood floors and crown molding. Upstairs, the unique layout presents the opportunity to create a stunning primary suite. With a side door leading to the partially finished basement (with existing plumbing), this home could be transformed into a multi-unit property - especially with the extra-wide driveway offering ample parking. 60k of updates done to property since 2023 including new windows, eavestroughs/downspouts, attic insulation, plumbing work and more! The private backyard is awaiting your green thumb. Ideally situated between charming downtown Fergus and the convenient Walmart plaza amenities. Don't miss your chance to unlock the potential of this great property!

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Property Summary

This detached home located at 160 Forfar Street, Centre Wellington is currently for sale and has been available on SousaSells for 382 days. This property is listed at $589,900 with an estimated mortgage of $1,964* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 160 Forfar 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
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 11, 2025
Sold price information is available to members only
Listed Date6/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding, Vinyl Siding
BasementPartial Basement
Lot Size45 × 134 Feet
CountyWellington
Annual Tax$2,956
Legal DescriptionPT LT I PL 284 FERGUS AS IN MS71560; EXCEPT T/W THEREIN; CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Upgraded Insulation, Water Heater, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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160 Forfar 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 160 Forfar Street E, Centre Wellington, ON N1M 1B2

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.

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Interest Rate4.00%
Down Payment$176,970 (30.0%)
* Minimum Canadian down payment required for this price is $33,990.
Amortization Period30 Years
Estimated Monthly Payment$1,964Based on a loan of $412,930 over 30 years.
Purchase Price$589,900
Loan Amount$412,930
Provincial Land Transfer Tax:$8,273
Total Estimated Closing Taxes:$8,273

About Purchasing a Home in Centre Wellington, ON

For a property listed at $589,900 in Centre Wellington, the legal minimum down payment is $33,990 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 $8,273 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 $8,273.

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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$851,903

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.