260 Forfar Street, Centre Wellington, ON

$899,900
MLS#:X10411806
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50.12 x 108.33 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 260 Forfar St E, an inviting raised bungalow with a unique upper loft in the charming town of Fergus, Ontario. This home beautifully combines space and character, offering a well-designed layout that includes 1 + 2 bedrooms, ideal for families or anyone who appreciates room to grow. As you step inside, the main floor welcomes you with a bright, open atmosphere enhanced by two skylights, which bathe the space in natural light. The cozy living room provides an ideal place to relax, while the tasteful kitchen offers plenty of counter and cabinet space, perfect for any cooking enthusiast. Adjacent to the dining area, sliding doors lead to a raised, private deck bordered by a lush hydrangea vine, creating a serene outdoor retreat for relaxation or entertaining. The main floor also includes the primary bedroom, a full 4-piece bathroom, and convenient main-floor laundry facilities, offering a blend of comfort and practicality. The charming upper loft adds some flexibility, serving as a great home office, reading nook, or creative space. Venture downstairs to the fully finished basement, where a spacious recreation room awaits, a versatile area perfect for family gatherings or cozy evenings in. This level also includes two comfortable bedrooms, a full bathroom, and a convenient kitchenette area, offering in-law suite potential. With a 3-car driveway and a 2-car garage, this property is as practical as it is inviting. Located near the amenities of Fergus and close to Elora, residents enjoy quick access to shops, dining, and local events, along with the peaceful, community-centered lifestyle that both towns provide. More than just a home, this property is an opportunity to join a welcoming community with beautiful outdoor spaces, cultural activities, and all the conveniences you need nearby. If you're looking to settle down or make a fresh start, 260 Forfar St E could be the perfect fit. Book a showing today and experience all that Fergus has to offer!

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Property Summary

This detached home located at 260 Forfar Street, Centre Wellington is currently for sale and has been available on SousaSells for 617 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 260 Forfar 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
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 16, 2024
Sold price information is available to members only
Listed Date11/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFull, Finished
Lot Size50.12 × 108.33 Feet
CountyWellington
Annual Tax$4,336
Legal DescriptionPT PARKLT 4 PL 55 FERGUS PT 2 61R7751; CENTRE WELLINGTON

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Rec./Commun.Centre, School

Interior Features

Air Exchanger, Auto Garage Door Remote, Bar Fridge, Central Vacuum, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor, Sewage Pump, Sump Pump, Suspended Ceilings, Upgraded Insulation, Ventilation System, Water Heater Owned, Water Meter, Water Softener

Security Features

Community Features

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Location

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260 Forfar 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 260 Forfar Street E, Centre Wellington, ON N1M 2X7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $899,900 in Centre Wellington, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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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.