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$299,900
Wellington North
135 Elgin Street North, Wellington North (Mount Forest), Ontario, N0G2L0
This 4-bedroom, 1-bathroom home in Wellington North is for sale offering roughly 1,750 sq ft of space. It has been on the market 25 days, fresher than the Wellington North average of 88 days.
OPPORTUNITY FOR ANYONE LOOKING FOR THEIR NEXT PROJECT! LOCATED IN MOUNT FOREST, THIS PROPERTY OFFERS A GENEROUS 46.53' X 234' LOT WITH MATURE TREES, A DETACHED GARAGE AND ADDITIONAL OUTBUILDINGS. THE EXISTING 2 STOREY, 4 BEDROOM HOME HAS BEEN VACANT FOR SEVERAL YEARS AND IS IN SIGNIFICANT DISREPAIR, REQUIRING EXTENSIVE CLEANUP, REPAIRS AND RESTORATION. WHETHER CONSIDERING A MAJOR RENOVATION OR EXPLORING REDEVELOPMENT POSSIBILITIES, THE PROPERTY OFFERS AN OPPORTUNITY FOR THOSE PREPARED TO TAKE ON A SUBSTANTIAL PROJECT. HYDRO AND WATER SERVICES ARE CURRENTLY DISCONNECTED. THIS IS AN ESTATE SALE AND THE PROPERTY IS BEING SOLD STRICTLY "AS IS, WHERE IS", WITH NO REPRESENTATIONS OR WARRANTIES REGARDING ITS CONDITION. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 25 days on market, against an average age of 88 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 76 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed single family in Wellington North (Mount Forest) has been listed for 25 days, which is 63 days fresher than the city average of 88. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,900, about 3.6× the local median household income of $83,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0G)
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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