475 FORFAR ST E, Centre Wellington, ON N1M 3H6
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475 FORFAR ST E, Centre Wellington, ON N1M 3H6
475 FORFAR ST E, Centre Wellington, ON N1M 3H6
475 FORFAR ST E, Centre Wellington, ON N1M 3H6
475 FORFAR ST E, Centre Wellington, ON N1M 3H6
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$ 828,800
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475 FORFAR ST E Centre Wellington, ON N1M 3H6

4 Beds

2 Baths


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Fergus

MLS Listing ID X13548986

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,617

Tax Year 2025

Property Sub-Type Detached

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.

Location

State ON

County Wellington

Area Wellington

Rooms

Family Room No

Basement Separate Entrance, Partially Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Central Vacuum

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 130.0

Total Parking Spaces 6

Building

Building Age 31-50

Unit Features Fenced Yard

Foundation Poured Concrete

New Construction false

Others

ParcelsYN No

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


Listed by CENTURY 21 RED STAR REALTY INC.
Ghani Machado

Ghani Machado

Agent

+1(416) 884-5450

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475 FORFAR ST E