Gurvinder Nokwal REALTOR®
For Sale Detached 17 days on market

$788,800

Est. payment $3,493/moCalculate yours

475 FORFAR Street E, Centre Wellington, ON N1M 3H6

Fergus, Centre Wellington, ON N1M 3H6

  • 3 + 1 Beds
  • 2 Baths
  • 1 Garage
  • 700 Sq Ft

Listing courtesy of CENTURY 21 RED STAR REALTY INC. MLS® X13851480

About this home

2 self-contained units, separate hydro meters, the potential for strong rental income. Previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you’re looking to offset your mortgage, accommodate multi-generational living or just make $4,900 per month! 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. 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.

Property details

Overview

Property Type
Detached
Style
2-Storey
For
For Sale
Status
New
Approximate Age
31-50
Size
700 sqft

Interior

Bedrooms
3 + 1
Bathrooms
2
Kitchens
2
Total Rooms
7
Basement
Separate Entrance, Partially Finished

Building & Systems

Heating
Baseboard (Gas)
Cooling
None
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 130 Feet
Parking
Attached garage · 6 total
Zoning
res

Financial

Property Taxes
$3,617 (2025)

Location

Neighbourhood
Fergus
Cross Street
Gartshore to Forfar
Direction Faces
North

Listing

MLS® Number
X13851480
Days on Market
17
Listed On
2026-10-01
Possession
TBD /
Listed By
CENTURY 21 RED STAR REALTY INC.

Rooms

Room Level Dimensions
Bedroom Main 11′ 7″ × 8′ 5″
Living Room Basement 18′ 9″ × 9′ 11″
Bathroom Main 7′ 4″ × 4′ 11″
Living Room Main 12′ 3″ × 10′ 3″
Primary Bedroom Main 18′ 3″ × 10′ 11″
Bedroom Main 12′ 10″ × 10′ 11″
Kitchen Main 13′ 7″ × 10′ 3″
Bathroom Basement 4′ 0″ × 9′ 1″
Dining Room Main 11′ 7″ × 5′ 6″
Kitchen Basement 11′ 5″ × 12′ 6″
Bedroom Basement 8′ 10″ × 16′ 8″

Features

Interior

  • Central Vacuum

Property

  • Fenced Yard

Pool

  • None
Included
2 fridges, 2 stoves, 2 over the range microwaves, 2 dishwashers, 2 washers, 2 dryers, water softener
Excluded
All staging items and window coverings.
Rental items
Hot Water Tank

Mortgage calculator

Minimum for this price: $53,880 (6.83%)

Amortization, years

Estimated mortgage payment

$3,493 per month

Principal and interest
$3,493
Property tax
$301
Estimated monthly cost
$3,794

Your mortgage

Mortgage amount
$631,040
Mortgage insurance
Not needed
Interest over 25 years
$416,751

Cash to close

Down payment
$157,760
Land transfer tax
$12,251
Total, before legal fees
$170,011
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

475 FORFAR Street E, Centre Wellington, ON N1M 3H6 Fergus, Centre Wellington, ON N1M 3H6
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$788,800 475 FORFAR Street E, Centre Wellington, ON N1M 3H6
Request a showing