Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Fergus. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $419,000 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.
Experience elevated living in this spacious 2-bedroom, 2-bathroom condo, perfectly situatedalong the riverfront.Enjoy your morning coffee or evening wine on the private balcony, whereyou can unwind and take in beautiful view of the river and forested area. The peaceful ambiance and unobstructed views make this outdoor space an extension of your living room. Boasting a spacious, open floor planthroughout.The kitchen offers a generous amount of space, both in layout and storage, making it astandout feature for those who love to cook, entertain.The primary bedroom offers a true retreat, complete with large window overlooking the river,en-suite bathroom. The second bedroom is spacious and versatile with large closet.Additional highlights include ensuite laundry, central A/C, heating and ample storage space. This well managed building is Nestled in a vibrant riverfront neighborhood, this condo is juststeps away from this vibrant downtown historic Fergus with great shops, restaurants, and cafes!
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Data-driven valuation for 245 queen Street W 202, Centre Wellington, ON N1M 3R6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.
About Purchasing a Home in Centre Wellington, ON
For a property listed at $419,000 in Centre Wellington, the legal minimum down payment is $20,950 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 $4,855 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 $4,855.
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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.