5914 5th Line, Centre Wellington, ON

$999,900
MLS#:X11967056
3 beds
2 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 11, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Centre Wellington East. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 533.46 x 170.58 ft lot
  • Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Heating Controls
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via electric

Description

Brick Bungalow on 2 Acres! Welcome to 5914 5th Line, a solid brick bungalow with Amazing Cell Phone Reception and FiberOptic Internet on a scenic 2-acre ravine lot in Oustic, ON. Owned by the same family since 1977, this property is ready for its next chapter but requires some renovations and updates. The home features 3 bedrooms and 1.5 bathrooms, a walkout basement with a wet bar and wood-burning fireplace insert, plus a pellet stove in the living room for extra warmth. Outside, you'll find a back deck with an above-ground pool (needs work) and plenty of space to enjoy the beautiful sunsets. Additional highlights include a sunroom, large double-car garage, interlocking driveway with ample parking, and a drilled well and septic system. The property also has seven varieties of apple trees and a pear tree, adding to its rural charm. If youre looking for a fixer-upper with potential, this could be the perfect opportunity. Located just 12 minutes from Rockwood or Fergus and 20 minutes from Guelph, it offers a quiet country setting while staying within reach of town. Book your showing today!

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Property Summary

This detached home located at 5914 5th Line, Centre Wellington is currently for sale and has been available on SousaSells for 522 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 5914 5th Line, Centre Wellington is in the Rural Centre Wellington East neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 11, 2025
Sold price information is available to members only
Listed Date2/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished with Walk-Out, Separate Entrance
Lot Size533.46 × 170.58 Feet
CountyWellington
Annual Tax$5,624.64
Legal DescriptionPT LT 26 CON 4 ERAMOSA; PART 1, 61R-11177. TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Place Of Worship, Ravine, School

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Separate Heating Controls, Upgraded Insulation, Water Heater Owned

Security Features

Community Features

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Location

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5914 5th Line, 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 5914 5th Line, Centre Wellington, ON N0B 2K0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate4.00%
Down Payment$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Centre Wellington, ON

For a property listed at $999,900 in Centre Wellington, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Centre Wellington East, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$923,061

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.