245 Scotland Street, Unit 204, Centre Wellington, ON

$499,500
MLS#:X9365337
1 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
Loading property media...

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,500 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via other

Description

INDOOR PARKING! Welcome to Unit #204 at Pierpoint Place! This second floor gem boasts 906 square feet of open living space, complete with indoor parking for your convenience. Step inside and be greeted by the elegance of engineered luxury vinyl plank flooring that flows seamlessly throughout the entire unit. This one- bedroom with a den offers a truly spacious and inviting retreat. The generously sized master bedroom ensures your utmost comfort. You'll also appreciate the walk-in closet, perfect for all your storage needs. The versatile den can be tailored to your lifestyle, whether you need a home office, a cozy TV room, or a welcoming guest space. The kitchen is a chef's dream, featuring a convenient breakfast bar and stainless- steel appliances. It effortlessly connects to the dining area and the living room, creating an open and inviting space for entertaining. Step out onto your private balcony, where you can enjoy your morning coffee. All kitchen appliances and a washer dryer are included for your convenience. But that's not all Pierpoint Place offers a wealth of exclusive amenities that elevate your lifestyle. Host grand gatherings in the exquisitely appointed party room, challenge friends to a game of billiards in the entertainment area, or stay fit and healthy in the well-equipped exercise room. On sunny days, head up to the rooftop terrace, complete with comfortable lounge furniture and BBQs, where breathtaking views and outdoor culinary experiences await. It's the perfect place to relax and unwind. Location is everything, and Pierpoint Place doesn't disappoint. You'll be within walking distance to the scenic Grand River and Fergus's historic restaurants, pubs, and shops. Plus, easy commuting to Guelph, Kitchener, and the GTA.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 245 Scotland Street, Centre Wellington is currently for sale and has been available on SousaSells for 660 days. This property is listed at $499,500 with an estimated mortgage of $1,663* per month. It has 1 bed, 1 bathroom, and is 900-999 square feet. 245 Scotland 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
1
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date9/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyWellington
Annual Tax$2,929.36

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned, Water Softener

Security Features

Community Features

Virtual Tours

Location

Initializing map...
245 Scotland Street, Unit 204, Centre Wellington, ON
Loading local market trends...

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 Scotland Street 204, Centre Wellington, ON N1M 0B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Centre Wellington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,850 (30.0%)
* Minimum Canadian down payment required for this price is $24,975.
Amortization Period30 Years
Estimated Monthly Payment$1,663Based on a loan of $349,650 over 30 years.
Purchase Price$499,500
Loan Amount$349,650
Provincial Land Transfer Tax:$6,465
Total Estimated Closing Taxes:$6,465

About Purchasing a Home in Centre Wellington, ON

For a property listed at $499,500 in Centre Wellington, the legal minimum down payment is $24,975 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 $6,465 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 $6,465.

Similar Listings Nearby

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.