115 St George Street West, Centre Wellington (Fergus), Ontario, N1M1H8


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$1,390,000
Centre Wellington
This multi-family property in Centre Wellington is for sale offering roughly 3,250 sq ft of space.
Purpose built six-plex investment opportunity - Fergus. With 5 - two bedroom units and 1- one bedroom unit and onsite coin operated laundry. A solid brick building conveniently located close to downtown Fergus and all it has to offer. A ideal opportunity for experienced investors looking to add a quality multi-residential property to their portfolio or those looking to enter the multi-residential market. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 49 days across the listings currently for sale in this city
This 11-bed multi-family in Centre Wellington (Fergus) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,390,000, about 14.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $271,516 (20% down, 25-yr amortization, stress-tested) — roughly 186% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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