245 Queen Street, Unit 5, Centre Wellington, ON

$423,900
MLS#:X13544124
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Fergus. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $423,900 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 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Unit 305, a spacious riverside condo offering the perfect blend of comfort, convenience and tranquility in the heart of historic Fergus. This beautifully maintained 2 bedroom, 2 bathroom suite features 1,213 sq ft of thoughtfully designed living space, making it an ideal choice for those looking to downsize or enjoy a carefree, maintenance free lifestyle. The bridge, open layout offers generous living and dining areas, while the primary bedroom features a private 3 piece ensuite for added comfort and privacy. The second bedroom provides the flexibility to serve as a guest room, home office or hobby space. One of this homes most desirable features is its location overlooking the Grand River. Enjoy peaceful mornings on your private balcony with a coffee in hand as you take in the calming river views and the sounds of nature. Located just steps from downtown Fergus, you'll enjoy easy walking access to boutique shopping, local cafes, restaurants, pharmacies, parks and the many festivals and community events that make Fergus such a wonderful place to call home. Recent Updates include,Gas Furnace (2022) Central Air (2022) Windows and Patio door (2022) If you've been searching for a relaxed lifestyle in one of Centre Wellington's most sought after locations, Unit 305 offers the perfect opportunity to enjoy the best of riverside living.

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Property Summary

This condo apartment located at 245 Queen Street, Centre Wellington is currently for sale and has been available on SousaSells for 8 days. This property is listed at $423,900 with an estimated mortgage of $1,411* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 245 Queen 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
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold Conditional Escape
Listed Date7/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyWellington
Annual Tax$2,901

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Level, Library, River/Stream, Waterfront

Interior Features

Water Heater, Water Softener

Security Features

Community Features

Virtual Tours

Location

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245 Queen Street, Unit 5, 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 305, 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 Rate4.00%
Down Payment$127,170 (30.0%)
* Minimum Canadian down payment required for this price is $21,195.
Amortization Period30 Years
Estimated Monthly Payment$1,411Based on a loan of $296,730 over 30 years.
Purchase Price$423,900
Loan Amount$296,730
Provincial Land Transfer Tax:$4,953
Total Estimated Closing Taxes:$4,953

About Purchasing a Home in Centre Wellington, ON

For a property listed at $423,900 in Centre Wellington, the legal minimum down payment is $21,195 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 $4,953 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 $4,953.

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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.