118 Preston Street, Unit 324, Wellington North, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Arthur. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $275,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via gas
Description
Looking for an affordable way into homeownership or a low-maintenance investment? This bright one bedroom, one bathroom condo offers a practical layout in the heart of Arthur. The galley style kitchen flows into a combined dining and living space, with sliding doors leading out to your own private balcony surrounded by mature trees. One of the biggest perks of condo living here are your monthly fees cover water, sewer, hydro and heat, making budgeting simple and predictable. Adequate on site parking is also included. Whether you are a first time buyer looking to stop renting, an investor searching for a turnkey rental or a retiree ready to downsize and simplify, this unit checks a lot of boxes. Situated in the friendly community of Arthur, you are just minutes away from local shops, parks and downtown amenities. Schedule your viewing today to see the potential this great property has to offer!
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Property Summary
This condo apartment located at 118 Preston Street, Wellington North is currently for sale and has been available on SousaSells for 2 days. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 118 Preston Street, Wellington North is in the Arthur neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Arthur, Wellington North.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •500-599 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Wellington North.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Library
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
Interior Features
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Wellington North?
If you are looking for a house in Wellington North or researching Wellington North real estate for sale, this 1-bedroom condo apartment at 118 Preston Street, Unit 324, Wellington North, ON offers an exceptional opportunity to buy a home in Wellington North, Ontario. Whether you are a first-time Wellington North home buyer or comparing active Wellington North MLS® homes for sale, working with a dedicated Wellington North buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Wellington North realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Wellington North Buyer Budget & Costs
Estimated mortgage: $915*/month*. Estimated Ontario Land Transfer Tax: $2,600. First-time Wellington North home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Wellington North
Frequently Asked Questions about 118 Preston Street, Unit 324, Wellington North, ON
Q.What is the asking price for 118 Preston Street, Unit 324, Wellington North, ON ?
The current listing price for 118 Preston Street, Unit 324, Wellington North, ON in Arthur, Wellington North is $275,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.
Q.What property type and architectural style is 118 Preston Street, Unit 324, Wellington North, ON ?
118 Preston Street, Unit 324, Wellington North, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 118 Preston Street, Unit 324, Wellington North, ON offer?
Key property features include: Library, Park, Place Of Worship, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Arthur, Wellington North
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 118 Preston Street S 324, Wellington North, ON N0G 1A0
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 $275,000 in Wellington North, the legal minimum down payment is $13,750 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 $2,600 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 $2,600.
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Arthur, Wellington North Neighborhood Guide
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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.
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