470 St Andrew Street, Centre Wellington, ON

$599,900
MLS#:X8465046
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Fergus. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover a rare opportunity to own a piece of history with this beautiful two bedroom, two bathroom unit at the St. Andrew Mill condominium complex. Set along the picturesque Grand River, this historic mill offers a unique blend of charm and modern amenities, providing a tranquil riverside lifestyle in the heart of Fergus.Located on the top floor, this unit boasts high ceilings, deep sunny window sills, and a cozy fireplace, enhancing its historic charm. Hardwood floors add a touch of modern elegance, while the inviting kitchen features a breakfast bar with seating seamlessly open to the dining and living areas, perfect for entertaining. The two bedrooms offer ample closet space and large windows, sharing a convenient ensuite bathroom. The unit also includes a stylish powder room, a large foyer closet, and functional in-suite laundry, which finishes this well-designed space. The St. Andrew Mill complex boasts stunning common areas, including three furnished outdoor terraces with BBQ stations, offering breathtaking views of the Grand River, waterfalls, and Confederation Park - a beautiful community park with walking trails that meander through the forest just across the river enhancing the serene environment. Residents can also enjoy a well-appointed party room with a kitchen for hosting large gatherings. Additional amenities include one designated parking space and a storage locker. Located just steps from the shops and pubs of historic Downtown Fergus, this condo offers the convenience of city living with the charm of a small town while allowing you to take advantage of the abundant recreational opportunities nearby, including parks, walking trails, and a dog park. Prepare to step into the charming lifestyle at the historic St. Andrew Mill.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 24, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStone
BasementNone
CountyWellington
Annual Tax$3,318.32

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

River/Stream

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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470 St Andrew 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 470 St Andrew Street E 301, Centre Wellington, ON N1M 1R5

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.

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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$34,990 (5.8%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period25 Years
Estimated Monthly Payment$3,366Based on a loan of $564,910 over 25 years.
Purchase Price$599,900
Loan Amount$564,910
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $599,900 in Centre Wellington, the legal minimum down payment is $34,990 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 $8,473 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 $8,473.

Nearby Listings

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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.