118 Preston Street, Wellington North, ON
Property Highlights
Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Arthur. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $349,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available
- Notable attributes: None
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
Looking to break into homeownership without stretching your budget? This bright, well-maintained 3-bedroom, 1-bath condo offers an incredible opportunity to own your first home in the peaceful community of Arthur. Whether you're a first-time buyer, downsizing, or simply looking for an affordable place to call your own, this home checks all the right boxes. Step inside to a functional layout with comfortable living spaces, then unwind on your own private balcony surrounded by mature, leafy trees. It's the perfect place to enjoy your morning coffee, read a book, or simply take in the quiet surroundings after a long day. One of the best features? The monthly condo fees include heat, hydro, and water, helping make your monthly expenses more predictable and budget-friendly. That's one less thing to worry about as a homeowner. Located in a quiet neighbourhood, you'll enjoy the charm of small-town living while staying within easy commuting distance-just 40 minutes to Guelph and 30 minutes to Orangeville. Homeownership doesn't have to feel out of reach. Sometimes the perfect first home isn't the biggest or the fanciest-it's the one that fits your lifestyle, your goals, and your budget. If you've been waiting for the right opportunity to stop renting and start building equity, this could be the one. Let's book your private showing and see if it feels like home.
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Pricing & Value Insights
Data-driven valuation for 118 Preston Street S, Wellington North, ON N0G 1A0
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 Wellington North, ON
For a property listed at $349,000 in Wellington North, the legal minimum down payment is $17,450 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 $3,710 for this transaction. As this listing is in Wellington North (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,710.
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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.