38 Elkin Court, Centre Wellington, ON

$799,000
MLS#:X8477312
4 beds
2 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $799,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 52 x 111 ft lot
  • Features a 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: Sump Pump, Storage, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

"A HOUSE TO CALL HOME" in the charming town of Fergus! Situated on a sought after quiet cul de sac, this well maintained 2 storey home sits on a large lot and offers almost 1646 square feet of living space including a finished basement.This beauty features an open concept kitchen, living and dining area, 4 bedrooms, 2 bathrooms, lots of natural light and 3 beautiful gas fireplaces. Sliding glass doors open to an entertainers dream back yard - host all your summer BBQs in this fully fenced yard and no rear neighbours.That is not the only entertainment area, the finished basement offers a generous rec room with gas fireplace and a great media setup with a projector, screen and surround sound.New roof 2022, new flooring, updated bathrooms, and 3 fireplaces!!Short walk to amenities, groceries, restaurants, schools, community sportsplex and downtown. An easy commute to Kitchener Waterloo, Cambridge, and Guelph. This really is the PERFECT HOME in the PERFECT LOCATION!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementFinished
Lot Size52 × 111 Feet
CountyWellington
Annual Tax$3,548
Legal DescriptionLOT 39, PLAN 61M50; S/T EASE IN FAVOUR OF THE CORPORATION OF THE TOWNSHIP OF CENTRE WELLINGTON AS IN LT60817 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Sump Pump, Storage, Water Softener, Auto Garage Door Remote

Security Features

Community Features

Location

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38 Elkin Court, 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 38 Elkin Court, Centre Wellington, ON N1M 3V2

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.

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Interest Rate5.25%
Down Payment$54,900 (6.9%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period25 Years
Estimated Monthly Payment$4,434Based on a loan of $744,100 over 25 years.
Purchase Price$799,000
Loan Amount$744,100
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Centre Wellington, ON

For a property listed at $799,000 in Centre Wellington, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

Nearby Listings

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No current listings found in Centre Wellington.

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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$852,006

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.