272 Rea Drive, Centre Wellington, ON

$999,900
MLS#:X12192941
5 beds
4 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 13, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 49.87 x 108.53 ft lot
  • Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Rough-In Bath, ERV/HRV, Ventilation System
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover Storybrook, Fergus' Newest Family Friendly Community Built By Award-Winning Developer Tribute Communities. Nestled On A Premium Oversized Ravine Lot, This Brand New 4-Bedroom, 3.5-Bathroom Detached Home One Is Of The Largest Models Boasting 3518 Sq Ft With Walk-Out Basement Backing Onto Agricultural Greenspace. Thoughtfully Designed Functional Floorplan With Over $150,000 In Upgrades Including Oak Hardwood Staircases T/O, Upgraded Trim and Doors, Soaring 9-Foot Ceilings On Main Level And Smooth Finish Ceilings Throughout. See Attached Feature Sheet For A Full List Of Upgrades. Main Floor Features Welcoming Foyer Leading To An Open-Concept Dining Room With 17' Ceiling Open To Above. Spacious Open Concept Eat-In Kitchen Offers Premium Features Including Walk-In Chefs Closet, Quartz Counters And Upgraded Cabinets For Plenty Of Storage. Spacious Great Room With Gas Fireplace And Walk-Out To Deck Overlooking Serene Agricultural Greenspace Offering Plenty Of Natural Light. A Home Office, Convenient Laundry Room, Powder Room And Mud Room With Direct Access To Garage Complete The Main Floor. Upper Level Offers 4 Generously Sized Bedrooms Each With Its Own Ensuite/Semi Ensuite Bath. Primary Bedroom With Double Walk-In Closets and 5-Pc Ensuite Bath Features Upgraded Soaker Tub, Glass Shower And Oversized Porcelain Tile. Unfinished Walk-Out Basement Await Your Personal Touches With 3 Piece Rough In Offers Endless Potential For In-Law Suite Or Bonus Rec Room. Fully Equipped With Central Vac, R/I, Security System, R/I, EV Charger R/I, Smarter Home Technology With No Monthly Fees For 3 Years. New Appliances Included! Brand New Elementary School Within Walking Distance, Grand River Public School Set To Open For The 2025/2026 School Year. Experience Unparalleled Luxury And Convenience In This Exquisite Home, Your Search Ends Here!

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Property Summary

This detached home located at 272 Rea Drive, Centre Wellington is currently for sale and has been available on SousaSells for 410 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 5 beds, 4 bathrooms, and is 3500-5000 square feet. 272 Rea Drive, 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
5
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 13, 2025
Sold price information is available to members only
Listed Date6/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Walk-Out
Lot Size49.87 × 108.53 Feet
CountyWellington
Annual Tax$0
Legal DescriptionLot 260, Plant 61M245 Township of Centre Wellington

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Ravine, Cul de Sac/Dead End, Greenbelt/Conservation, Park

Interior Features

Rough-In Bath, ERV/HRV, Ventilation System, Water Heater

Security Features

Community Features

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Location

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272 Rea Drive, 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 272 Rea Drive, Centre Wellington, ON N1M 0J8

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $999,900 in Centre Wellington, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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

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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.