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$799,900
Wellesley
5465 KING Street, Wellesley, Ontario, N0B2T0
This 4-bedroom, 2-bathroom home in Wellesley is for sale offering roughly 2,689 sq ft of space. Listed at $799,900, it is attractively priced about 24% below the $1,050,000 median asking price in Wellesley.
Welcome to this charming 4-bedroom home in the picturesque village of Nithburg, offering an exceptional blend of character, space and opportunity. The original farmhouse retains much of its timeless charm, including original pine floors and beautiful wood trim, while a 1970s addition thoughtfully expanded the home with two additional bedrooms, a spacious main-floor family room, convenient 2-piece bathroom and an extended kitchen. Lovingly maintained and updated over the years, this home features replacement windows throughout, updated furnace, A/C and hot water heater (2017), and a water filtration system (2020). Set on an impressive approximately 0.7-acre lot with 258 feet of frontage, the property offers exciting possibilities for the future. Current zoning permits the potential construction of an additional dwelling on the property, providing an excellent opportunity for extended family or additional living accommodations. There may also be potential to sever a building lot, subject to municipal approvals and requirements. Information regarding the zoning possibilities is available—contact the listing agent for further details. Enjoy the tranquility and charm of village living while remaining conveniently located near Waterloo and Stratford. Whether you're looking for a spacious family home, a property with room for extended family, or an opportunity to explore future development potential, this unique property is one you'll want to see! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 57 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 4-bed single family in Wellesley has been listed for 56 days, which is 1 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 6.7× the local median household income of $120,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
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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.