440 DURHAM Street, Wellington North, ON

$419,900
MLS#:X10845839
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property no longer active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 Other condo apartment located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $419,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient outside/surface configuration
  • Notable attributes: Water Heater Owned
  • equipped with wall unit(s) central cooling and highly efficient heating via electric

Description

Welcome to the very best condo that Brookwood Terrace has to offer! This end unit condo has the convenience of ground floor living with the assigned parking space only steps away from the enclosed patio. The unit has been completely renovated with modern white kitchen cabinets and backsplash, luxury vinyl tile, light fixtures, and enclosed patio. The primary bedroom features a walk-in closet, and semi-ensuite privileges to the renovated 3-piece bathroom. Second bedroom is bright and includes a built-in closet. This condo unit is unique since it also features a 2-piece bathroom, which is uncommon in this complex. There is in-suite laundry for your convenience. Enjoy sitting in your enclosed patio and the privilege of using your own private entrance into your condo. It doesn’t get any better than this! Mount Forest is a beautiful place to call home offering a newly renovated hospital, seasonal Farmer’s market, Sports Complex, Seniors clubs and activities, and walking trails along the Saugeen River.

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Property Summary

This condo apartment located at 440 DURHAM Street, Wellington North is currently for sale and has been available on SousaSells for 756 days. This property is listed at $419,900 with an estimated mortgage of $1,398* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 440 DURHAM 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
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionBrick
CountyWellington
Annual Tax$1,920.43
Legal DescriptionUNIT 2, LEVEL 1, WELLINGTON CONDOMINIUM PLAN NO. 64 ; PT PARK LT 4, S/S DURHAM ST & W/S MAIN ST, PTS 1, 6, 7 & 8 , 60R3149, MORE FULLY DESCRIBED IN SCHEDULE "A" OF DECLARATION RO654814 ; TOWN OF MOUNT FOREST

Parking & Garage

Parking Spaces1.0
Garage TypeOutside/Surface

Heating & Cooling

Heat SourceElectric
CoolingWall Unit(s)

Features

Property Features

Golf, Hospital

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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440 DURHAM 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 440 DURHAM Street W 102, Wellington North, ON N0G 2L0

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$125,970 (30.0%)
* Minimum Canadian down payment required for this price is $20,995.
Amortization Period30 Years
Estimated Monthly Payment$1,398Based on a loan of $293,930 over 30 years.
Purchase Price$419,900
Loan Amount$293,930
Provincial Land Transfer Tax:$4,873
Total Estimated Closing Taxes:$4,873

About Purchasing a Home in Wellington North, ON

For a property listed at $419,900 in Wellington North, the legal minimum down payment is $20,995 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 $4,873 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 $4,873.

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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.