475 Forfar Street E,Centre Wellington, ON N1M 3H6
Centre Wellington, ON N1M 3H6
Description
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.
Details
| MLS # | X13548986 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 43 |
| Listing Provided By | CENTURY 21 RED STAR REALTY INC. | X13548986 252100 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.15 |
| Water Front | None |
Interior
| Interior Features | Central Vacuum |
|---|---|
| Lease To Own Equipment | Water Heater |
| Cooling Yes / No | No |
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Rooms Total | 7 |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Vinyl Siding, Brick |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3617 |
|---|---|
| Tax Legal Description | PT PARKLT 18 PL 55 FERGUS PART 9 , 61R3245; CENTRE WELLINGTON |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Wellington |
| City | Centre Wellington |
| Postal Code | N1M 3H6 |
| Area | Fergus |
| Listing VS Median (in N1M 3H6) | |
Price: $828,800 low | high Med: $0 On site: 43 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Wellington |
| City | Centre Wellington |
| Postal Code | N1M 3H6 |
| Area | Fergus |
| Listing VS Median (in N1M 3H6) | |
Price: $828,800 low | high Med: $0 On site: 43 low | high Med: | |
