466 Elora Street, Centre Wellington (Fergus), Ontario, N1M1Y8

For sale

12 days ago

$870K

466 Elora Street, Centre Wellington (Fergus), Ontario, N1M1Y8

5 bd3 ba5 pk3,250 ft²Lot size 50 × 119 ft (5,950 sq ft)

Listed by Keller Williams Home Group Realty

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

For sale

61 days ago

$1.39M

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

11 bd6 ba7 pk3,250 ft²Lot size 66 × 81 ft (5,346 sq ft)

Listed by Keller Williams Home Group Realty

Investment analysis

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$829,900

Centre Wellington

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$829,900

For saleJust listed

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161 Cameron Street, Centre Wellington (Fergus) - Multi-family for Sale

161 Cameron Street, Centre Wellington (Fergus), Ontario, N1M2E9

5 beds5 baths8 parking1,750 ft²54 × 177 ft (9,496 sq ft) lot sizeListed 5 days ago

Overview

This multi-family property in Centre Wellington is for sale offering roughly 1,750 sq ft of space. It has been on the market 5 days, fresher than the Centre Wellington average of 49 days.

Multi-Family Properties for Sale in Centre Wellington →All real estate in Centre Wellington →

Description

Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Potential for ideal MULTI-GENERATIONAL living arrangement. Quality built duplexed home (single family dwelling with legal accessory apartment), with main 3 bedroom 3 bath unit and lower level 2 bedroom 2 bath unit. Great, spacious layouts. Be sure to check out the floorplans. Attached oversized 1 car garage, and a huge 27 x 26 foot detached garage/shop as well. Large lot. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Quiet location close to all amenities and walkable to downtown. Well maintained property that is going to impress when you step inside. (id:66096)

Property Details

MLS®: X14132404
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 5
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 54 × 177 ft (9,496 sq ft)
Frontage: 54 ft
Storeys: 1
Style: Raised bungalow
Basement: Full, Walk-up
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Property Tax: $5,965/yr
Listed

Rooms

Upper Level

Kitchen: 3.12 x 3.71 meters
Dining room: 3.18 x 3.71 meters
Living room: 7.57 x 4.19 meters
Primary Bedroom: 4.04 x 4.37 meters
Bedroom: 3.53 x 3.43 meters
Bedroom: 3.07 x 3.61 meters
Bathroom: 1.55 x 2.45 meters
Bathroom: 1.58 x 2.57 meters

Lower level

Dining room: 2.34 x 3.45 meters
Living room: 7.37 x 4.42 meters

Features

Foundation: Poured Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Centre Wellington (Fergus) listings, avg age

49d

Price / ft²

$474

List price

$830K

Haho

This 5-bed multi-family in Centre Wellington (Fergus) has been listed for 5 days, which is 44 days fresher than the city average of 49. Act while there is still low competition.

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Listed by Royal LePage Royal City Realty · GEORGE MOCHRIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N1M)

This home lists at $829,900, about 8.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $162,109 (20% down, 25-yr amortization, stress-tested) — roughly 71% 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)

$829,900· $474/ft²

For sale

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Full Cost Breakdown

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Down Payment6.99% · $57,990.00

Min 6.99%50%

Mortgage payment$4,280/mo

↳ CMHC premium ($30,876 capitalized)

Property tax (est.)$497/mo

Total monthly$4,777

Cash Needed to Close

Down payment (6.99%)$57,990

Land transfer tax$13,073

Est. closing costs$4,990

Total cash needed$76,053

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