516 Newfoundland Street, Wellington North, ON
Property no longer active
This property was sold on January 24, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $720,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 31.66 x 107.41 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, ERV/HRV, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
You can't beat the location of this stunning brand new semi-detached home, where modern design meets comfort and style. Attached to the neighboring unit by only the garage which is finished with Trusscore, this home offers privacy and a sense of spaciousness. Step inside through your covered front porch, through a character-filled front door with a 3 point locking system, to be greeted by luxury vinyl plank flooring that flows seamlessly throughout, enhancing the bright and airy atmosphere created by an abundance of natural light. The eat-in kitchen is a chef's dream, featuring soft-close cabinetry, sleek quartz countertops, and ample space for entertaining. The inviting living room boasts a striking shiplap fireplace, powered by natural gas, creating a cozy yet sophisticated focal point. Continue your relaxing or entertaining on the spacious back deck, located right off the Living Room. Ascend the beautiful maple hardwood stairs with steel stringers to the second floor, where you'll find three generously sized bedrooms. The Primary Bedroom welcomes you with a copious amount of space for a King Bed, a 3-piece Bathroom with only one step into the shower and a walk-in-closet one can only dream of, with a closet system already in place. The second bedroom boasts westerly views and a walk-in-closet. Rounding off the second level is another full Bathroom with bathtub, a third Bedroom and convenience is key with an upstairs laundry room. The fully finished basement provides even more space for relaxation or entertainment, completing this exceptional home. Don't forget about some additional key features of this home: 50 year transferable warranty on the roof, rough-in for central vac, upgraded insulation package and if you love sunsets, you have the perfect view right off your covered front porch! Conveniently located steps away from park, splash pad and sports fields! Call your REALTOR today to experience the exceptional details of this home for yourself!
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Property Summary
This detached home located at 516 Newfoundland Street, Wellington North is currently for sale and has been available on SousaSells for 561 days. This property is listed at $720,000 with an estimated mortgage of $2,397* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 516 Newfoundland 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Place Of Worship, Rec./Commun.Centre, School, Golf, Library
Interior Features
Air Exchanger, ERV/HRV, Sump Pump, Upgraded Insulation, Water Heater Owned
Security Features
Community Features
Location
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 516 Newfoundland Street, Wellington North, ON N0G 2L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Wellington North, ON
For a property listed at $720,000 in Wellington North, the legal minimum down payment is $47,000 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 $10,875 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 $10,875.
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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.