179 Rea Drive, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $989,000 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.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 41.08 x 110 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: Other
- Efficient forced air heating via gas
Description
Beautiful Home 5 Bed 4 Bath, Side entrance for basement by builder available for Sale in the heart of Fergus with lots of great features. The layout flows effortlessly from the double front door entry into the foyer, which leads into a den/office with plenty of natural light. The formal dining room, great room, and kitchen are all designed to work together seamlessly. The second floor has 5 spacious bedrooms and 3 large bathrooms. The master bedroom has a walk-in closet with double clothes racks and a luxurious en-suite bathroom with double sinks, a large glass shower, and a separate soaker tub. One of the secondary bedrooms has an en-suite, and the others share a Jack and Jill bathroom. Almost 2700 sq ft of living space, plus an unfinished basement with potential for more. There's also a separate side entrance to the basement given by builder, offering lots of possibilities. This home really offers the best of both comfort and practicality. Whether you're relaxing in your large master suite or enjoying the future park right across the street, this home is designed for modern living with space and convenience in mind. The home is situated on a premium corner lot, offering added privacy and space.
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Property Summary
This detached home located at 179 Rea Drive, Centre Wellington is currently for sale and has been available on SousaSells for 469 days. This property is listed at $989,000 with an estimated mortgage of $3,292* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 179 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 179 Rea Drive, Centre Wellington, ON N1M 0H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $989,000 in Centre Wellington, the legal minimum down payment is $73,900 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 $16,255 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 $16,255.
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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.