Welcome to this remarkable Bachelor/Studio common element condo located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $399,900 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.
Say Goodbye to Renting Your First Home Awaits at Pierpoint Place! This charming studio apartment is your perfect chance to step into homeownership and start building your own equity. Located in the heart of a vibrant community, this bright unit with northeast exposure features hardwood and tile floors, a spacious kitchen, and the convenience of in-suite laundry. Pierpoint Place, built in 2013, offers incredible amenities that make living here a breezeenjoy access to a fully equipped gym, party room, lounge with a pool table, and a rooftop patio complete with BBQsall included in your affordable monthly maintenance fee. The location is a dream, just steps from the scenic Grand River and surrounded by shopping, dining, and recreation options. If you're ready to stop renting and start owning, this is your chance to call a sought-after building home at a price that doesn't break the bank!
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This condo apartment located at 245 Scotland Street, Centre Wellington is currently for sale and has been available on SousaSells for 631 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 0 beds, 1 bathroom, and is 600-699 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.Golf, Hospital, River/Stream, Wooded/Treed
Carpet Free, Primary Bedroom - Main Floor, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 245 Scotland Street 206, Centre Wellington, ON N1M 0B5
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 $399,900 in Centre Wellington, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.