196 Queen Street, Centre Wellington, ON

$2,650
MLS#:X13490768
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $2,650 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 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 63 x 63 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A rare opportunity to lease a beautifully updated character home in an unbeatable location. This charming 1.5-storey gem offers timeless curb appeal, modern updates, and a lifestyle that's hard to match. Featuring 3 bedrooms and 1 bath, this home blends original charm with thoughtful upgrades, including oversized baseboard trim and warm, inviting spaces throughout. The bright kitchen has been tastefully refreshed with brand-new butcher block countertops and a classic subway tile backsplash, flowing effortlessly into a spacious dining area perfect for both everyday living and entertaining. The sun-filled living room is the heart of the home, complete with a cozy gas fireplace, creating the perfect space to unwind. A main-floor primary bedroom and full 3-piece bath offer the convenience of main-level living. Upstairs, you'll find two generous bedrooms plus a charming office nook overlooking the downtown core. The partially finished basement adds valuable living space with a comfortable TV/lounge area, along with a laundry room and plenty of storage. Step outside to your private patio perfect for morning coffee or evening gatherings. The detached garage with hydro and the recently updated mudroom add everyday functionality to this already impressive home. All of this just a short stroll to the vibrant downtown core, enjoy local pubs, restaurants, boutique shops, and cafes, plus scenic walks along the Grand River. Key Updates: Waterproofing & weeping tile (2018) Furnace (2021) A/C (2018) Gas fireplace (2021) Water softener (owned, 2017) Hot water tank (rental, 2026) Freshly painted trim & doors (2026), Subway tile backsplash & Butcher block countertops (2026). Monthly Lease only includes HWT rental. Utilities Separate.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/25/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementPartially Finished
Lot Size63 × 63 Feet
CountyWellington

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, River/Stream, Place Of Worship, School Bus Route, School

Interior Features

Carpet Free, Primary Bedroom - Main Floor, Sump Pump, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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196 Queen 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 196 Queen Street W, Centre Wellington, ON N1M 1S7

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$133 (5.0%)
* Minimum Canadian down payment required for this price is $133.
Amortization Period25 Years
Estimated Monthly Payment$15Based on a loan of $2,517 over 25 years.
Purchase Price$2,650
Loan Amount$2,517
Provincial Land Transfer Tax:$13
Total Estimated Closing Taxes:$13

About Purchasing a Home in Centre Wellington, ON

For a property listed at $2,650 in Centre Wellington, the legal minimum down payment is $133 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 $13 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 $13.

Nearby Listings

Distance:

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$811,366

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.