$329,000

For saleJust listed

#306 440 Durham Street West, Wellington North (Mount Forest) - Single Family for Sale

#306 440 Durham Street West, Wellington North (Mount Forest), Ontario, N0G2L1

2 beds1 bath1 parking1,100 ft²$413/mo condo feeListed Yesterday

Overview

This 2-bedroom, 1-bathroom condo in Wellington North is for sale offering roughly 1,100 sq ft of space. Listed at $329,000, it is attractively priced about 6% below the $349,999 median asking price in Wellington North. It has been on the market 1 day, fresher than the Wellington North average of 88 days.

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Description

Welcome to comfortable, low-maintenance living in the heart of Mount Forest! This spacious third-floor, 2-bedroom condo offers a bright and functional layout with desirable south-facing exposure. The generous living area provides plenty of room to relax or entertain, while the well-designed kitchen offers ample space for everyday dining. Step outside to your private open-air balcony and enjoy the sunshine and surrounding views. The oversized primary bedroom features a large walk-through closet with convenient access to the 4-piece bathroom. A second well-sized bedroom provides flexibility for guests, a home office or additional living space. Additional highlights include upgraded laminate flooring, a separate in-suite laundry/storage room, and designated parking conveniently located near the accessible building entrance. Residents also enjoy elevator access, visitor parking and a party room. Ideally situated close to parks, shopping, recreation, healthcare and other everyday amenities, this condo is an excellent opportunity for first-time buyers, downsizers or anyone looking to enjoy easy, convenient living. (id:66096)

Property Details

MLS®: X14149336
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Condo Fee: $413/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,958/yr
Listed: Yesterday

Rooms

Main level

Living room: 5.18 x 5.82 meters
Kitchen: 3.65 x 3.65 meters
Primary Bedroom: 3.43 x 5.67 meters
Bedroom: 4.46 x 3.04 meters
Bathroom: 1.56 x 3.63 meters
Laundry room: 1.52 x 2.65 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, Stove, Dryer, Water Heater
Flooring: Laminate, Carpeted
Foundation: Slab
Exterior: Brick Veneer
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Wellington North (Mount Forest) listings, avg age

88d

Price / ft²

$299

List price

$329K

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 1 day, which is 87 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Royal LePage Real Estate Associates · JULIE MARIE SCARLETT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $329,000, about 4.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $64,265 (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)

$329,000· $299/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,450

Min 5%50%

Mortgage payment$1,733/mo

↳ CMHC premium ($12,502 capitalized)

Property tax (est.)$163/mo

Condo fee$413/mo

Total monthly$2,309

Cash Needed to Close

Down payment (5%)$16,450

Land transfer tax$3,410

Est. closing costs$3,487

Total cash needed$23,347

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