$824,900
Wellesley
1026 DOERING Street, Wellesley, Ontario, N0B2T0
This multi-family property in Wellesley is for sale offering roughly 2,000 sq ft of space. It has been on the market 7 days, fresher than the Wellesley average of 58 days.
UNIQUE BUNGALOW, CARRIAGE HOUSE & TRIPLE GARAGE SHOP!- Wellesley, Ontario. Welcome to beautiful Wellesley, home of the famous Apple Butter Festival, where small-town charm meets exceptional opportunity. Set on a generous lot with abundant parking, this well-constructed bungalow showcases pride of ownership, thoughtful care and a unique separate carriage house above a triple-car garage workshop. The main home offers an inviting, open-concept layout with two comfortable bedrooms, a four-piece bathroom and convenient main-floor laundry. An unfinished walkup attic provides storage and possibilities for future expansion, while the walkout basement offers additional space to bring your ideas to life. Enjoy comfortable living today with room to grow tomorrow. Built in 2023 the carriage house is a standout feature, offering a spacious 14' x 12'6 bedroom, a four-piece ensuite with walk-in shower, and an open-concept kitchen and living area. In-floor heating adds warmth, while a heat pump provides air conditioning for summer comfort. This separate living space offers flexibility for extended family, guests or potential rental use. Below, the triple-car garage features two bay doors and high-efficiency in-floor heating. A hobbyist's dream, this versatile shop offers space for tools, projects, vehicles and toys, with ample parking outside for added convenience. Explore three potential income streams: the detached two-bedroom bungalow, the garage as a separate rental, and the carriage house above. Combined rental income could potentially reach $5,000 per month, subject to verification, permitted uses and applicable approvals. Carefully maintained and full of possibilities, this distinctive property combines everyday comfort, workshop space and income potential in a welcoming community. Whether you are looking for a place to call home, room for your hobbies or a flexible investment, this Wellesley property deserves a closer look! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 58 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed multi-family in Wellesley has been listed for 7 days, which is 51 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $824,900, about 6.9× the local median household income of $120,000.
Carrying it typically needs a household income of about $161,132 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
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