167 Elgin Street, Wellington North, ON

$659,000
MLS#:X11946823
3 beds
2 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on April 3, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $659,000 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 2 Bathrooms
  • Premium 46.66 x 239.69 ft lot size
  • Features a partial basement, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with other central cooling and highly efficient other heating via electric

Description

Stunning 1895 Yellow Brick Century Home Historic Charm Meets Modern Comfort! Step into a piece of history with this beautifully updated 1895 yellow brick century home, where timeless character meets stylish modern updates. From the moment you arrive, the charm is undeniable - original details blend seamlessly with contemporary touches to create a truly special living space. A fantastic living room addition steals the show, featuring westerly facing windows that bathe the space in golden evening light while offering stunning views of the oversized, fully fenced, and beautifully landscaped yard - your private retreat in the heart of town. The dramatic black and white kitchen is both bold and elegant, perfectly complementing the homes rich history, while the gorgeous fireplace adds warmth and character to the inviting living spaces. With 2 spacious bedrooms, 1.5 stylishly updated baths, and two versatile bonus rooms in the basement, this home offers endless possibilities for work, hobbies, or extra living space. Located just minutes from shopping, schools, and downtown, this rare gem delivers the perfect blend of historic elegance and modern convenience.

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Property Summary

This detached home located at 167 Elgin Street, Wellington North is currently for sale and has been available on SousaSells for 533 days. This property is listed at $659,000 with an estimated mortgage of $2,194* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 167 Elgin Street, Wellington North is in the Mount Forest neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 2, 2025
Sold price information is available to members only
Listed Date1/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementPartial Basement, Partially Finished
Lot Size46.66 × 239.69 Feet
CountyWellington
Annual Tax$2,810.54
Legal DescriptionPT LT 16 W/S ELGIN ST PL TOWN OF MOUNT FOREST MOUNT FOREST AS IN RON52455; WELLINGTON NORTH

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingOther

Features

Property Features

Golf, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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167 Elgin Street, Wellington North, 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 167 Elgin Street N, Wellington North, ON N0G 2L1

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 Wellington North.

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Interest Rate4.00%
Down Payment$197,700 (30.0%)
* Minimum Canadian down payment required for this price is $40,900.
Amortization Period30 Years
Estimated Monthly Payment$2,194Based on a loan of $461,300 over 30 years.
Purchase Price$659,000
Loan Amount$461,300
Provincial Land Transfer Tax:$9,655
Total Estimated Closing Taxes:$9,655

About Purchasing a Home in Wellington North, ON

For a property listed at $659,000 in Wellington North, the legal minimum down payment is $40,900 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 $9,655 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 $9,655.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mount Forest, Wellington North.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$619,621

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.