$749,000
Centre Wellington
130 St David Street South, Centre Wellington (Fergus), Ontario, N1M2L3
This 2-bedroom, 2-bathroom home in Centre Wellington is for sale offering roughly 1,300 sq ft of space. Its $749,000 asking price sits right in line with the $760,000 median in Centre Wellington. It has been on the market 4 days, fresher than the Centre Wellington average of 49 days.
Step into a rare creative and income-generating opportunity with this circa-1880, 3-storey semi-duplex in the heart of downtown Fergus Ontario. Rich in character and layered with history, this property offers the kind of authentic architectural canvas artists crave-paired with the fundamentals investors value.Overlooking the Grand River, the setting is as inspiring as it is desirable. Inside, exposed stone walls, high ceilings, and oversized windows create a light-filled, studio-like atmosphere full of texture and warmth. The main and lower levels-fully renovated in 2022-currently operate as a successful Airbnb, providing immediate income with strong guest appeal.The main level blends craftsmanship and nostalgia, featuring a character-rich kitchen with custom cherry wood cabinetry and vintage-style appliances, plus open living and dining areas ideal for entertaining or creative work. The lower level offers a spacious bedroom and flexible storage, perfect for a studio or extended-stay use.Upstairs, the second and third floors form a separate tenanted unit with a retro-modern aesthetic. This inviting space includes a cozy living room, charming kitchen, and sunlit breakfast area. The third-floor primary suite is a standout, with a large skylight and walk-out to a private rooftop-style terrace-an ideal retreat for relaxing or hosting.For artists, this is a live/work space full of soul and inspiration. For investors, it's a proven dual-income property with flexibility and upside. A durable metal roof, updated furnace, and thoughtful renovations mean key upgrades are already complete.A truly unique offering where heritage charm meets creative potential and strong returns. Tenant pays $1425 a month plus all utilities except water. AirBnb income approx $28,000 a year. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 4 days on market, against an average age of 49 days across the listings currently for sale in this city
This 2-bed single family in Centre Wellington (Fergus) has been listed for 4 days, which is 45 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 7.9× the local median household income of $95,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1M)
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