$250,000

For sale

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8005 Wellington County RD 109 Road, Wellington North - Single Family for Sale

8005 Wellington County RD 109 Road, Wellington North, Ontario, N0G1A0

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4 bd3 ba6 pk1,750 ft²Lot size 91 × 130 ft (11,830 sq ft)

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Listed by Coldwell Banker WIN Realty

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For saleJust listed

3 days ago

$639K

23 Wood Street, Wellington North, Ontario, N0G1N0

4 bd3 ba5 pk1,750 ft²Lot size 76 × 150 ft (11,363 sq ft)

Listed by MCCARTHY REALTY

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For saleJust listed

4 days ago

$320K

25 Fourth Avenue, Wellington North, Ontario, N0G2K0

3 bd2 ba2 pk1,750 ft²Lot size 68 × 125 ft (8,500 sq ft)

Listed by Coldwell Banker WIN Realty

Investment analysis

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$250,000

Wellington North

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65 × 141 ft (9,165 sq ft) lot size

Overview

This home in Wellington North is for sale offering roughly 1,300 sq ft of space. It has been on the market 36 days, fresher than the Wellington North average of 81 days.

Houses for Sale in Wellington North →All real estate in Wellington North →

Description

Prime opportunity in the growing town of Arthur! This 65 x 153 ft lot is ideally situated along a high-visibility highway location, offering excellent exposure and future potential. Currently zoned R1A with an Official Plan designation of Highway Commercial, this property presents a unique chance for investors, builders, or entrepreneurs to explore a range of development possibilities (buyer to complete due diligence). Whether you're looking to build now or secure land in a rapidly expanding community, this lot is priced accordingly (no value given to structures currently located on property) and ready for your vision. Don't miss your chance to capitalize on this strategic location (id:66096)

Property Details

MLS®: X13850226
Property Type: Single Family
Zoning: R1A
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 0
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 65 × 141 ft (9,165 sq ft)
Frontage: 65 ft
Storeys: 1
Basement: None
Heating: Other, Other
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,767.48/yr
Listed: 36 days ago

Rooms

Main level

Kitchen

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

Features

Exterior: Aluminum siding
Lot Features: Irregular lot size

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Wellington North listings, avg age

81d

Price / ft²

$192

List price

$250K

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 single family in Wellington North has been listed for 36 days, which is 45 days fresher than the city average of 81. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · REBECCA HOSTRAWSER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $250,000, about 3.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$250,000· $192/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,500

Min 5%50%

Mortgage payment$1,317/mo

↳ CMHC premium ($9,500 capitalized)

Property tax (est.)$231/mo

Total monthly$1,547

Cash Needed to Close

Down payment (5%)$12,500

Land transfer tax$2,225

Est. closing costs$3,250

Total cash needed$17,975

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