315 Rea Drive, Centre Wellington, ON
Property no longer active
This property was sold on May 5, 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 vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $905,990 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 2500-3000 sqft on a premium 10.97 x 33 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
This stunning 5-bedroom home in the family-oriented Storybrook community is the epitome of comfort and functionality, desinged with family living and entertaining in mind. Upon entering through the grand double doors, you're greeted by a bright and spacious main floor with soaring 9-foot ceilings. The combined living and dining room is an ideal space for family get-togethers and hosting friends. The spacious kitchen , complete with a large island, is open to the great room, creating a seamless flow for gatherings. Adjacent to the kitchen, you'll find a charming library with French doors, perfect for a home office or a quiet study space for kids' homework. Upstairs, you'll find generously sized bedrooms on the second floor, ensuring everyone has their own space. The four bedrooms are connected by Jack & Jill bathrooms, while the luxurious Primary Bedroom is a peaceful retreat with its own spa-like 4-piece ensuite and oversized walk-in closet. The second-floor laundry room, complete with tub, makes chores a breeze and adds and extra layer of convenience. This home perfectly balances style, practicality, and comfort, making it the ideal family home. Don't miss out on the opportunity to make it yours and enjoy everything it has to offer for years to come.
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Property Summary
This detached home located at 315 Rea Drive, Centre Wellington is currently for sale and has been available on SousaSells for 473 days. This property is listed at $905,990 with an estimated mortgage of $3,016* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 315 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
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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 315 Rea Drive W, Centre Wellington, ON N1M 0K1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $905,990 in Centre Wellington, the legal minimum down payment is $65,599 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 $14,595 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 $14,595.
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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.