$989,000

For sale

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111 Rea Drive, Centre Wellington (Fergus) - Single Family for Sale

111 Rea Drive, Centre Wellington (Fergus), Ontario, N1M2W3

5 beds5 baths4 parking ft²

14 Churchill Crescent East, Centre Wellington (Fergus), Ontario, N1M2J3

2 bd1 ba2 pk900 ft²Lot size 50 × 104 ft (5,200 sq ft)

Listed by Royal LePage Royal City Realty

590 Hill Street East, Centre Wellington (Fergus), Ontario, N1M2Z3

For saleJust listed

Yesterday

$880K

590 Hill Street East, Centre Wellington (Fergus), Ontario, N1M2Z3

4 bd2 ba8 pk1,750 ft²Lot size 83 × 132 ft (10,890 sq ft)

Listed by ROYAL LEPAGE RCR REALTY

691 St Andrew Street West, Centre Wellington (Fergus), Ontario, N1M1P7

For saleJust listed

2 days ago

$724K

691 St Andrew Street West, Centre Wellington (Fergus), Ontario, N1M1P7

3 bd3 ba4 pk1,750 ft²Lot size 49 × 135 ft (6,615 sq ft)

Listed by M1 Real Estate Brokerage Ltd

8218 Wellington Road 18, Centre Wellington (Fergus), Ontario, N1M2W5

For saleJust listed

3 days ago

$2.18M

8218 Wellington Road 18, Centre Wellington (Fergus), Ontario, N1M2W5

3 bd3 ba8 pk2,750 ft²Lot size 105 × 590 ft (1.42 acres)

Listed by Keller Williams Home Group Realty

Investment analysis

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$989,000

Centre Wellington

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50 × 97 ft (4,859 sq ft) lot size

Overview

This 5-bedroom, 5-bathroom home in Centre Wellington is for sale offering roughly 3,250 sq ft of space.

Houses for Sale in Centre Wellington →All real estate in Centre Wellington →

Description

This extremely spacious family home located in the heart of Fergus features two levels plus a loft, and includes 5 bedrooms and 5 bathrooms. A tastefully landscaped property with 50 foot frontage, it offers an amazing view from the upper front balcony, and includes an attached double car garage and parking for 4 cars, as well as a basement walkout. There are many neighbourhood amenities including a hospital, church, parks, trails and playgrounds plus 4 public schools, 3 Catholic schools and 2 private schools. (id:66096)

Property Details

MLS®: X13764436
Property Type: Single Family
Zoning: R2.66.5
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 3,250 ft²
Lot Size: 50 × 97 ft (4,859 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Unfinished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,957/yr
Listed: 57 days ago

Rooms

Main level

Great room: 4.11 x 3.05 meters
Eating area: 4.11 x 3.05 meters
Kitchen: 4.11 x 3.65 meters
Living room: 6.93 x 3.65 meters

Third level

Living room: 5.79 x 2.89 meters
Bedroom: 3.65 x 3.35 meters

Second level

Primary Bedroom: 5.61 x 4.26 meters
Bedroom 2: 3.86 x 3.45 meters
Bedroom 3: 3.65 x 3.59 meters
Bedroom 4: 3.78 x 3.65 meters
Laundry room: 2.43 x 1.52 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Water softener, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Flooring: Carpeted, Ceramic
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Flat site, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Centre Wellington (Fergus) listings, avg age

49d

Price / ft²

$304

List price

$989K

Haho

This 5-bed single family in Centre Wellington (Fergus) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REAL ESTATE HOMEWARD · KATHARINE D. MUNRO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1M)

This home lists at $989,000, about 10.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $193,186 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.

Median household income: $95,000
Population: 18,498
Median age: 42.4
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N1M)

$989,000· $304/ft²

For sale

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Full Cost Breakdown

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Down Payment7.47% · $73,900

Min 7.47%50%

Mortgage payment$5,073/mo

↳ CMHC premium ($36,604 capitalized)

Property tax (est.)$580/mo

Total monthly$5,653

Cash Needed to Close

Down payment (7.47%)$73,900

Land transfer tax$16,255

Est. closing costs$5,467

Total cash needed$95,622

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