Detached House for sale at 475 FORFAR Street, Centre Wellington, Ontario, N1M 3H6 - Fergus - MLS: X13548986

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475 FORFAR Street

Centre Wellington, Ontario, N1M 3H6 - Fergus

$828,800

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Neighbourhood

Fergus
Major Intersection

Gartshore to Forfar

Listed Since: 9 day(s)
Last update: 6 day(s) ago

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Overview

Property Type

Detached, 2-Storey
Bedrooms

3 + 1
Bathrooms

2
Basement

Sep Entrance + Part Fin
Kitchen

1 + 1
Total Parking

6 (1 Attached Garage)
Lot Size

50x130 (Feet)
Taxes

$3,617.00 (2025)
Type

Freehold

Property Description

Property description for 475 FORFAR Street, Centre 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.

Listed by CENTURY 21 RED STAR REALTY INC.

Property details

MLS #

X13548986
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Private
Garage

Attached, 1 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Baseboard
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

MLS #

X13548986
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

31-50
Pool

None
Drive

Private
Garage

Attached, 1 spaces
Total Parking

6
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Poured Concrete
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Baseboard
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

Y

Living

3.73 x 3.12 ft Main level
Kitchen

4.15 x 3.12 ft Main level
Dining

3.52 x 1.67 ft Main level
Bathroom

2.24 x 1.5 ft Main level
Br

3.91 x 3.33 ft Main level
Primary

5.55 x 3.33 ft Main level
Br

3.52 x 2.56 ft Main level
Living

5.72 x 3.03 ft Bsmt level
Kitchen

3.49 x 3.81 ft Bsmt level
Bathroom

1.22 x 2.76 ft Bsmt level
Br

2.7 x 5.09 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 475 FORFAR Street, Centre Wellington

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Fergus

Active listings

Average Selling Price of a Detached

June 2026

$765,047

Last 3 Months

$789,581

Last 12 Months

$822,763

June 2025

$842,035

Last 3 Months LY

$846,766

Last 12 Months LY

$847,987

Change

-9%

Change

-7%

Change

-3%

Historical Average Selling Price of a Detached in Fergus

Average Selling Price

3 years ago

$985,646

Average Selling Price

5 years ago

$773,951

Average Selling Price

10 years ago

$373,300

Change

-22%

Change

-1%

Change

105%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-43%

Change

-7%

Change

18%

Average Selling price

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Closing Cost Calculator

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First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.