560 ST DAVID Street, Centre Wellington, ON

$599,900
MLS#:X10876618
2 beds
1 baths
700-1100 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium aluminum siding and brick 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 76 x 162 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other, Water Heater Owned, Sump Pump
  • equipped with other central cooling and highly efficient radiant heating

Description

Charming red brick bungalow in Fergus. Situated a large 76 x 162 lot, this 2 bedroom home is perfect for the first time home buyer or those looking to downsize. So much potential and character this well laid out home boasts. Featuring 2 bedrooms, large eat-in kitchen, open living room, sunroom, 5 piece bath and foyer. Newer metal roof (2019). 2 detached garages (front garage heated) perfect for handy person or storage. Private spacious backyard. All of this and only steps to all of Fergus' historic downtown amenities. You don't want to miss out on this wonderful opportunity.

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Property Summary

This detached home located at 560 ST DAVID Street, Centre Wellington is currently for sale and has been available on SousaSells for 729 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 560 ST DAVID Street, 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
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Brick
BasementUnfinished, Full
Lot Size76 × 162
CountyWellington
Annual Tax$3,488.49
Legal DescriptionPT PARKLT 1 PL 55 FERGUS AS IN ROS620570;CENTRE WELLINGTON

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat TypeRadiant
CoolingOther

Features

Property Features

Hospital

Interior Features

Other, Water Heater Owned, Sump Pump

Security Features

Community Features

Location

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560 ST DAVID 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 560 ST DAVID Street N, Centre Wellington, ON N1M 2K4

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$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
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.

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$852,020

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.