245 queen Street, Centre Wellington, ON

$419,000
MLS#:X12959066
2 beds
2 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 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold Conditional Escape
Listed Date4/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyWellington
Annual Tax$2,832

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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245 queen 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 245 queen Street W 202, Centre Wellington, ON N1M 3R6

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 Rate5.25%
Down Payment$20,950 (5.0%)
* Minimum Canadian down payment required for this price is $20,950.
Amortization Period25 Years
Estimated Monthly Payment$2,372Based on a loan of $398,050 over 25 years.
Purchase Price$419,000
Loan Amount$398,050
Provincial Land Transfer Tax:$4,855
Total Estimated Closing Taxes:$4,855

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.

Nearby Listings

Distance:

No current listings found in Centre Wellington.

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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$811,879

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.