200 River Street, Unit 10, Centre Wellington, ON

$620,000
MLS#:X9284008
2 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $620,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater
  • equipped with central air central cooling and highly efficient water heating via gas

Description

Introducing 210-200 River St in the historic town of Fergus! As soon as you walk into this 2 bedroom 1 bathroom condo, a good sized foyer welcomes you. The well equipped kitchen with lots of counter space as well as a large walk-in pantry opens up to the living and dining room making entertaining a breeze. Oversized sliders lead you out to the large balcony overlooking the inground pool, barbeque area and greenspace. A great spot to sip your morning coffee! Down the hall you will find the in-suite laundry room with storage, a 4 piece bathroom and both bedrooms. Primary bedrooms includes a walk in closet. This sought after building includes an outdoor pool, barbeque area, elevator, owned storage locker, party room, open parking and is on a quiet dead end street on the shores of the Grand River. Easy walk to shops, Seniors Centre, restaurants and more!

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Property Summary

This condo apartment located at 200 River Street, Centre Wellington is currently for sale and has been available on SousaSells for 688 days. This property is listed at $620,000 with an estimated mortgage of $2,064* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 200 River 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
2
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 3, 2024
Sold price information is available to members only
Listed Date8/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyWellington
Annual Tax$2,747.03

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Park, Place Of Worship, Rec./Commun.Centre

Interior Features

Primary Bedroom - Main Floor, Storage Area Lockers, Water Heater

Security Features

Community Features

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Location

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200 River Street, Unit 10, 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 200 River Street 210, Centre Wellington, ON N1M 3H8

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$186,000 (30.0%)
* Minimum Canadian down payment required for this price is $37,000.
Amortization Period30 Years
Estimated Monthly Payment$2,064Based on a loan of $434,000 over 30 years.
Purchase Price$620,000
Loan Amount$434,000
Provincial Land Transfer Tax:$8,875
Total Estimated Closing Taxes:$8,875

About Purchasing a Home in Centre Wellington, ON

For a property listed at $620,000 in Centre Wellington, the legal minimum down payment is $37,000 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 $8,875 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 $8,875.

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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.