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$275,000
Wellington North
#324 118 Preston Street South, Wellington North (Arthur), Ontario, N0G1A0
This 1-bedroom, 1-bathroom condo in Wellington North is for sale offering roughly 550 sq ft of space. Listed at $275,000, it is attractively priced about 8% below the $299,000 median asking price in Wellington North. It has been on the market 50 days, fresher than the Wellington North average of 77 days.
Looking for an affordable way into homeownership or a low-maintenance investment? This bright one bedroom, one bathroom condo offers a practical layout in the heart of Arthur. The galley style kitchen flows into a combined dining and living space, with sliding doors leading out to your own private balcony surrounded by mature trees. One of the biggest perks of condo living here are your monthly fees cover water, sewer, hydro and heat, making budgeting simple and predictable. Adequate on site parking is also included. Whether you are a first time buyer looking to stop renting, an investor searching for a turnkey rental or a retiree ready to downsize and simplify, this unit checks a lot of boxes. Situated in the friendly community of Arthur, you are just minutes away from local shops, parks and downtown amenities. Schedule your viewing today to see the potential this great property has to offer! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 77 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 1-bed single family in Wellington North (Arthur) has been listed for 50 days, which is 27 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $275,000, about 3.3× the local median household income of $83,000.
Carrying it typically needs a household income of about $53,717 (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