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Michael Baron

mike.baron@engelvoelkers.com +1(613) 324-3755

$ 828,800

Est. payment -/mo

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Open 7/26 12PM-2PM

475 FORFAR STREET E Centre Wellington (fergus), ON N1M3H6

4 Beds

2 Baths

700 SqFt

Open House

Sun Jul 26, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $1,184

Subdivision Fergus

MLS® Listing ID X13548986

Bedrooms 4

Property Sub-Type Freehold

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 2.7 m X 5.09 m Bedroom

Extra Room 2 Basement 5.72 m X 3.03 m Living room

Extra Room 3 Basement 3.49 m X 3.81 m Kitchen

Extra Room 4 Basement 1.22 m X 2.76 m Bathroom

Extra Room 5 Main level 3.73 m X 3.12 m Living room

Extra Room 6 Main level 4.15 m X 3.12 m Kitchen

Interior

Heating Baseboard heaters, Forced air,

Cooling None

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N No

Attached Garage Yes

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://propertysupnext.hd.pics/475-Forfar-St-E/idx

Listed by CENTURY 21 RED STAR REALTY INC.

Michael Baron

Salesperson

+1(613) 324-3755

Michael Baron

475 FORFAR STREET E Centre Wellington (fergus), ON N1M3H6

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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475 FORFAR STREET E