495 Tower Street, Centre Wellington, ON

$1,099,000
MLS#:X13073340
2 beds
3 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium board & batten and stone construction, this residence presents an exceptional opportunity offered at $1,099,000 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 107 x 80 ft lot
  • Features a partial basement 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: Auto Garage Door Remote, Water Heater Owned, Water Softener
  • equipped with central air, other central cooling and highly efficient forced air heating via gas

Description

Welcome to one of Fergus' most admired century homes - a stately, beautifully cared-for property that blends timeless character with thoughtful, high-quality updates. Set just steps from downtown, this home offers the charm, walkability, and peaceful surroundings that make this neighbourhood so special. Inside, you'll find warm, inviting spaces filled with natural light, original details, and the craftsmanship you expect in a home of this era. Over the years, the owners have completed extensive renovations and improvements: a post-and-beam addition, redesigned kitchen with custom cabinetry, refinished maple and pine flooring, updated bathrooms, insulated basement, newer windows, a Daikin heat pump system, tankless water heater, upgraded electrical, and a long list of careful maintenance that preserves the integrity of the home while enhancing comfort. The layout is ideal for the buyer who wants character without sacrificing function - generous principal rooms, a serene primary suite, flexible spaces for hobbies or guests, and a finished third level attic space with additional room to spread out. The HEATED cobblestone walkway, custom storm doors, and restored Tower Street entrance add to the home's charm and ease of living. Outside, the property truly shines. The front porch offers a quiet place to watch the world go by, while the backyard feels like a private garden retreat with mature landscaping, drip irrigation, and beautifully manicured beds. It's the perfect setting for morning coffee, family visits, or peaceful afternoons at home. With its blend of history, quality updates, and an unbeatable location, this is a rare opportunity to own a landmark Fergus home that has been loved, maintained, and ready for its next chapter.

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 2, 2026
Sold price information is available to members only
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionBoard & Batten , Stone
BasementPartial Basement
Lot Size107 × 80 Feet
CountyWellington
Annual Tax$5,513
Legal DescriptionLT 1 SE/S OF GARRAFRAXA ST PL 77 FERGUS; CENTRE WELLINGTON

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air, Other

Features

Property Features

Arts Centre, Hospital, Library, Park, River/Stream

Interior Features

Auto Garage Door Remote, Water Heater Owned, Water Softener, On Demand Water Heater, Sump Pump, Water Treatment

Security Features

Community Features

Location

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495 Tower 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 495 Tower Street N, Centre Wellington, ON N1M 2N8

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$219,800 (20.0%)
* Minimum Canadian down payment required for this price is $219,800.
Amortization Period25 Years
Estimated Monthly Payment$5,239Based on a loan of $879,200 over 25 years.
Purchase Price$1,099,000
Loan Amount$879,200
Provincial Land Transfer Tax:$18,455
Total Estimated Closing Taxes:$18,455

About Purchasing a Home in Centre Wellington, ON

For a property listed at $1,099,000 in Centre Wellington, the legal minimum down payment is $219,800 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 $18,455 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 $18,455.

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$810,961

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.