$828,800
Available - For Sale
Listing ID: X13548986
475 FORFAR Street East , Centre Wellington, N1M 3H6, Wellington


An exceptional opportunity for first-time home buyers, investors, or those looking to downsize! This beautifully renovated detached home offers incredible flexibility with two self-contained units, separate hydro meters, the potential for strong rental income. Situated on a 50' x 130' lot with no sidewalk, this property enjoys a premium location facing a tranquil tree-lined and backing directly onto the Elora Trail &Forfar Park, providing privacy and easy access to nature.The bright and spacious upper unit features 3 bedrooms and 1 full bathroom, complemented by large windows and skylights that fill the home with natural light. The expansive kitchen offers abundant counter space, newer appliances, in-suite laundry, and convenient access to the fully insulated garage. Step outside to the walkout deck overlooking the private backyard-perfect for relaxing or entertaining. The professionally finished lower level has been converted into a separate self-contained unit with its own walkout entrance to the backyard. Designed with comfort and style in mind, it features oversized windows, a full-size kitchen with stone countertops and a modern backsplash, a spa-inspired bathroom, & a spacious bedroom large enough to accommodate a king-size bed. Baseboard heating provides independent temperature control for added comfort during the winter months. Additional features include no carpet throughout, newer appliances, ample driveway parking, & the option to divide the backyard into separate outdoor spaces for each unit. For buyers seeking a single-family layout, the home can easily be converted back by removing one interior wall, allowing access between the upper and lower levels. An outstanding investment opportunity with proven rental history, previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you're looking to offset your mortgage with rental income, accommodate multi-generational living, in one of Fergus' most desirable locations.
Price $828,800
Taxes: $3617.00
Occupancy: Partial
Address: 475 FORFAR Street East , Centre Wellington, N1M 3H6, Wellington
Acreage: < .50
Directions/Cross Streets: Gartshore to Forfar
Rooms: 7
Rooms +: 0
Bedrooms: 3
Bedrooms +: 1
Family Room: F
Basement: Separate Ent, Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 12.23 10.23
Room 2 Main Kitchen 13.61 10.23
Room 3 Main Dining Ro 11.55 5.48
Room 4 Main Bathroom 7.35 4.92
Room 5 Main Bedroom 12.82 10.92
Room 6 Main Primary B 18.2 10.92
Room 7 Main Bedroom 11.55 8.4
Room 8 Basement Living Ro 18.76 9.94
Room 9 Basement Kitchen 11.45 12.5
Room 10 Basement Bathroom 4 9.05
Room 11 Basement Bedroom 8.86 16.7
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 31-50
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding, Brick
Garage Type: Attached
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Shed
Approximatly Age: 31-50
Approximatly Square Footage: 700-1100
Property Features: Fenced Yard
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: Y
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 RED STAR REALTY INC.
Personal Picture
Dir:
647-472-6050
Bus:
905-709-7408
Fax:
905-709-7400
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Detached
Area: Wellington
Municipality: Centre Wellington
Neighbourhood: Fergus
Style: 2-Storey
Lot Size: x 130.00(Feet)
Approximate Age: 31-50
Tax: $3,617
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years