345 QUEEN Street, Wellington North, ON

$564,900
MLS#:X10846391
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $564,900 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
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Acres)
  • Features a walk-up, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Water Heater Owned, Sump Pump
  • Efficient forced air heating via gas

Description

This stately century home is prominently situated among a backdrop of mature maple trees giving it a country like setting. The home has been tastefully updated to provide a well balanced blend of the original character and the tastes and functionality of a modern lifestyle. Enjoy the southerly exposure from the covered front porch or from the covered 2nd storey balcony. Additional leisure area is provided by the wooden deck located at the rear of the house by the rear entrance into the mud room laundry room combination. This area is conveniently located by the kitchen providing ease of access to the BBQ and for entertaining. The stately winding staircase from the large front foyer leads to the 2nd floor where you will find 3 large bedrooms. Mechanicals are modern so you can expect a low maintenance lifestyle for years to come. All of this is conveniently located close to the hospital, medical center, downtown shopping, parks, community center and elementary schools; and, at an affordable price.

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Property Summary

This detached home located at 345 QUEEN Street, Wellington North is currently for sale and has been available on SousaSells for 732 days. This property is listed at $564,900 with an estimated mortgage of $1,880* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 345 QUEEN 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
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding, Brick
BasementWalk-Up, Unfinished
CountyWellington
Annual Tax$2,417.33
Legal DescriptionPT LT 13 N/S QUEEN ST PL TOWN OF MOUNT FOREST MOUNT FOREST PT 2 60R1942;

Parking & Garage

Parking Total5.0
Parking Space5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Golf, Hospital

Interior Features

Water Heater Owned, Sump Pump

Security Features

None

Community Features

Location

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345 QUEEN 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 345 QUEEN Street W, 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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$169,470 (30.0%)
* Minimum Canadian down payment required for this price is $31,490.
Amortization Period30 Years
Estimated Monthly Payment$1,880Based on a loan of $395,430 over 30 years.
Purchase Price$564,900
Loan Amount$395,430
Provincial Land Transfer Tax:$7,773
Total Estimated Closing Taxes:$7,773

About Purchasing a Home in Wellington North, ON

For a property listed at $564,900 in Wellington North, the legal minimum down payment is $31,490 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 $7,773 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 $7,773.

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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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

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.