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$869,900
Centre Wellington
466 Elora Street, Centre Wellington (Fergus), Ontario, N1M1Y8
This multi-family property in Centre Wellington is for sale offering roughly 3,250 sq ft of space. It has been on the market 12 days, fresher than the Centre Wellington average of 49 days.
Excellent investor opportunity or for a Buyer looking 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. Also ideal for multi-generational living .Located on large lot in mature, sought after neighbourhood. Walking distance to shopping, schools and rec-centre. Quality built duplexed home (single family dwelling with legal accessory apartment), Upper unit has a great open concept layout. Kitchen open to spacious dining and living area. 3 generous bedrooms with lots of storage space. Walk out to upper wood deck and stairs down to fenced rear yard. Main floor unit has spacious kitchen open to bright living area. Walk out to rear deck and private, fenced rear yard. 2 large bedrooms make this ideal for a single, couple or small family. With neutral decor throughout, low maintenance tile and laminate floors throughout, both units show exceptionally well. Efficiently designed so both units are above grade. Completely separate mechanicals and separately metered. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Worth a closer look! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 49 days across the listings currently for sale in this city
This 5-bed multi-family in Centre Wellington (Fergus) has been listed for 12 days, which is 37 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 $869,900, about 9.2× the local median household income of $95,000.
Carrying it typically needs a household income of about $169,922 (20% down, 25-yr amortization, stress-tested) — roughly 79% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.