383 Wellington Street, Wellington North, ON

$429,000
MLS#:X12916450
2 beds
1 baths
< 700 sqft
4.0 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 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 65 x 100 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Sump Pump, Carpet Free
  • Efficient forced air heating via gas

Description

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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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date3/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Wood
BasementFull, Partially Finished
Lot Size65 × 100 Feet
CountyWellington
Annual Tax$2,362
Legal DescriptionPT PKLT 1 S/S BIRMINGHAM ST PL TOWN OF MOUNT FOREST AS IN RON85539; WELLINGTON NORTH

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

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

Interior Features

Primary Bedroom - Main Floor, Sump Pump, Carpet Free, Storage, Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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383 Wellington 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 383 Wellington Street E, Wellington North, ON N0G 2L2

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 Rate5.25%
Down Payment$21,450 (5.0%)
* Minimum Canadian down payment required for this price is $21,450.
Amortization Period25 Years
Estimated Monthly Payment$2,429Based on a loan of $407,550 over 25 years.
Purchase Price$429,000
Loan Amount$407,550
Provincial Land Transfer Tax:$5,055
Total Estimated Closing Taxes:$5,055

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.

Nearby Listings

Distance:

No current listings found in Wellington North.

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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$600,077

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.