Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium aluminum siding and wood construction, this residence presents an exceptional opportunity offered at $429,000 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.
Welcome to 383 Wellington St E, an affordable and cozy 2-bedroom, 1-bath bungalow in the town of Mount Forest. This home and property offer an inviting blend of comfort and convenience, complete with a finished basement for extra living space. A spacious mudroom with tile floors and access from both the front and back yards, keeps shoes, coats, and gear neatly organized for the whole family. The open-concept main living area is filled with natural light and features stylish laminate flooring, creating a clean and welcoming atmosphere. The primary bedroom has built-in shelving to help with storage solutions. One further bedroom and a 4-pc bath round out the main floor. Downstairs, the finished basement provides a versatile layout, including a large flex space with newly installed laminate flooring and a recreation room that could double as an extra bedroom. Outdoors, the landscaped backyard is perfect for relaxing or entertaining, with two large sheds, one for gardening and tool storage and the other featuring a loft that can serve as a bunkie for summer sleepovers or would lend well to a studio use. A deck and a cozy firepit for family campouts are other features of the outdoor space. A walk behind snow blower and a generator are being included with the home, perfect for first time home buyers. Situated close to downtown, the home is ideally located across from a large greenspace boasting a splashpad, playground, walking track, two baseball diamonds, and soccer nets for endless outdoor fun and leisure for all ages.
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Hospital, Library, Level, Park, Place Of Worship, Rec./Commun.Centre
Primary Bedroom - Main Floor, Sump Pump, Carpet Free, Storage, Water Heater Owned
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 383 Wellington Street E, Wellington North, ON N0G 2L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wellington North.
About Purchasing a Home in Wellington North, ON
For a property listed at $429,000 in Wellington North, the legal minimum down payment is $21,450 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 $5,055 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 $5,055.
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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.