98 Rea Drive, Centre Wellington, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 106 x 150 ft lot
- Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Sump Pump, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this exceptional 5-bedroom, 5-bathroom family home in the heart of Fergus, where luxury, comfort, and modern functionality come together beautifully. From the moment you enter, you're greeted by a bright, sun-filled living space with soaring 10 ft ceilings that create an open and inviting atmosphere, ideal for both everyday living and entertaining. The upgraded kitchen is designed to impress, featuring granite countertops, ceramic backsplash, quality cabinetry, a range exhaust fan, and high-end stainless steel appliances that any home chef will appreciate. With two spacious levels plus an upgraded sun-filled loft, this home offers plenty of room for the whole family. Set on a beautifully landscaped ravine lot with over 105 ft of frontage, the property offers privacy, natural beauty, and standout curb appeal. Additional features include an attached double-car garage, driveway parking for up to four vehicles, and a fully functional walkout basement with a cold cellar room, offering excellent storage and endless potential for future customization. Located in a highly desirable neighbourhood, this home is just minutes from the hospital, scenic parks and trails, places of worship, and top-rated public, Catholic, and private schools, providing both everyday convenience and an exceptional lifestyle.
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Property Summary
This detached home located at 98 Rea Drive, Centre Wellington is currently for sale and has been available on SousaSells for 2 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 98 Rea Drive, Centre Wellington is in the Fergus neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Library, Place Of Worship, Ravine, Arts Centre
Interior Features
Sump Pump, Water Softener
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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Location
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 98 Rea Drive, Centre Wellington, ON N1M 0J8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Centre Wellington, ON
For a property listed at $999,000 in Centre Wellington, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.