$469,900

For sale

160 Queen Street East, Wellington North (Mount Forest) - Single Family for Sale

160 Queen Street East, Wellington North (Mount Forest), Ontario, N0G2L3

2 beds1 bath5 parking900 ft²46 × 119 ft (5,453 sq ft) lot sizeListed 29 days ago

Overview

This 2-bedroom, 1-bathroom home in Wellington North is for sale offering roughly 900 sq ft of space. Listed at $469,900, it is attractively priced about 24% below the $620,000 median asking price in Wellington North. It has been on the market 29 days, fresher than the Wellington North average of 88 days.

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Description

Why pay rent when you can put your money towards your own mortgage? And, if you or your partner are first time Buyers, you don't pay Land Transfer Tax when you buy. For little more than rent for a comparable home you can find yourself in this comfortable 2 bedroom home. Besides the galley kitchen and dining area the ground floor plan includes 2 family entertainment areas as well as an enclosed playroom/exercise room at the rear. The enclosed front porch/sun room provides a welcoming entranceway. It is large enough to hold a stroller and children's toys as well as a providing a large area for family and guests to shake off the snow or rain on those stormy days. You'll find the family washroom and 2 bedrooms on the upper level. A wooden deck overlooks the spacious, partially fenced rear yard. The detached garage offers room for your vehicle, storage or use as a workshop. Interior upgrades include an updated electrical service and flooring. (id:66096)

Property Details

MLS®: X13866978
Property Type: Single Family
Zoning: R3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 46 × 119 ft (5,453 sq ft)
Frontage: 45 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,290/yr
Listed

Rooms

Main level

Living room: 4.75 x 3.37 meters
Family room: 3.73 x 3.28 meters
Kitchen: 3.08 x 3.37 meters
Den: 4.12 x 3.28 meters
Sunroom: 3.66 x 2.81 meters

Second level

Primary Bedroom: 3.05 x 3.39 meters
Bedroom: 3.07 x 3.43 meters
Bathroom: 2.27 x 1.78 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater
Foundation: Block
Exterior: Vinyl siding, Brick Veneer
Lot Features: Level, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Wellington North (Mount Forest) listings, avg age

88d

Price / ft²

$522

List price

$470K

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.

Haho

This 2-bed single family in Wellington North (Mount Forest) has been listed for 29 days, which is 59 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Coldwell Banker WIN Realty · BILL NELSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $469,900, about 5.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$469,900· $522/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$191/mo

Total monthly$2,666

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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