230 South Water Street, Wellington North, ON

$1,395,000
MLS#:X12626760
7 beds
7 baths
2500-3000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,395,000 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.

  • 7 Bedrooms and 7 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 307.5 x 501.6 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into a home that instantly feels like yours-a place where the gentle hush of nature surrounds you, and life naturally slows down. Nestled on a 5.68-acre tree lined lot in the heart of Mount Forest, this 7-bedroom bungalow isn't just a house-it's a sanctuary, a gathering place, and a home that grows with you through every stage of life.The main floor welcomes you with 4 spacious bedrooms and a den, all laid out in a bright, open-concept design made for connection and ease. Two inviting living spaces provide room to relax, entertain, and truly unwind. At the heart of the home, the kitchen-with its breakfast bar-becomes the hub for slow mornings, casual dinners, and late-night chats. Oversized windows bathe the space in natural light while offering serene views of the surrounding forest, blending indoor comfort with outdoor beauty. Outside, discover your private paradise: a sparkling in-ground pool with a waterfall, surrounded by towering trees for ultimate privacy. Whether it's summer afternoons with the kids or cozy evenings under the stars with friends, this backyard is designed for moments that matter. The lower level extends the possibilities even further. A fully finished 3-bedroom, 3-bath with a separate garage entrance offers flexibility for extended family or guests. A large recreation room is perfect for a home theatre, games, or your own creative sanctuary. Plus, a 25 x 40 ft workshop provides endless potential for projects, storage, or business ventures. All of this is set in the welcoming, tight-knit community of Mount Forest-a place where nature, charm, and connection meet. Here, every season is savored, every memory is treasured, and every chapter of life feels like coming home.

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Property Summary

This detached home located at 230 South Water Street, Wellington North is currently for sale and has been available on SousaSells for 218 days. This property is listed at $1,395,000 with an estimated mortgage of $4,643* per month. It has 7 beds, 7 bathrooms, and is 2500-3000 square feet. 230 South Water 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
7
Bathrooms
7
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date12/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Stucco (Plaster)
BasementFinished, Separate Entrance
Lot Size307.5 × 501.6 Feet
CountyWellington
Annual Tax$8,879.08
Legal DescriptionPT PKLT O SURVEY MACDONALD'S MOUNT FOREST AS IN RO753750; WELLINGTON NORTH

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Wooded/Treed, Part Cleared

Interior Features

Auto Garage Door Remote, Central Vacuum, In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned

Security Features

Community Features

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Location

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230 South Water 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 230 South Water Street, Wellington North, ON N0G 2L3

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$418,500 (30.0%)
* Minimum Canadian down payment required for this price is $279,000.
Amortization Period30 Years
Estimated Monthly Payment$4,643Based on a loan of $976,500 over 30 years.
Purchase Price$1,395,000
Loan Amount$976,500
Provincial Land Transfer Tax:$24,375
Total Estimated Closing Taxes:$24,375

About Purchasing a Home in Wellington North, ON

For a property listed at $1,395,000 in Wellington North, the legal minimum down payment is $279,000 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 $24,375 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 $24,375.

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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.