200 River Street, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Fergus. Expertly crafted featuring premium concrete and metal/steel siding construction, this residence presents an exceptional opportunity offered at $624,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1400-1599 sqft
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious and beautifully cared for, this rare 2-bedroom plus den condo in sought-after Briarlea Place offers approximately 1,400 sq ft of comfortable living in a quiet, park-like setting along the Grand River. Unit 402 features a bright and functional layout with generous principal rooms, two full bathrooms, in-suite laundry, and a versatile den perfect for a home office, hobby room, or guest space. The well-appointed kitchen opens to inviting living and dining areas ideal for everyday living and entertaining alike. Enjoy peaceful views, beautifully maintained grounds, and an exceptional lifestyle just steps to Confederation Park, scenic walking trails, downtown Fergus shops and restaurants. Residents enjoy access to fantastic amenities including an outdoor pool, party room, and ample visitor parking. A truly rare offering, this unit also includes highly coveted garage parking - a feature seldom available in the building. Move-in ready condo living in one of Centre Wellington's most desirable adult living condominiums.
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Pricing & Value Insights
Data-driven valuation for 200 River Street 402, Centre Wellington, ON N1M 3H8
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 $624,900 in Centre Wellington, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.