$620,000
Est. payment $2,745/moCalculate yours
240 Egremont Street N, Wellington North, ON N0G 2L2
Mount Forest, Wellington North, ON N0G 2L2
- 1 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of ROYAL LEPAGE RCR REALTY MLS® X13514646
About this home
Here is an exciting opportunity to purchase this nearly half acre in town property that Is Zoned R2. There is a severance that is currently in process separating the existing house from the remainder of the property which will be finalized by closing. This would allow you to build on the severed lot and live in the house while building or build on the lot and sell off the house. The possibilities are endless. The Medium-Density zoning Allows many different options such as a Duplex, Triplex, or Fourplex. Buyer/Buyer’s Agent Must Do Their Own Due Diligence To Confirm What Can Be Built. This price includes both the newly severed lot and the existing house.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 700 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Unfinished
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 82.05 x 246 Feet
- Parking
- None garage · 2 total
- Zoning
- R2
Financial
- Property Taxes
- $2,419 (2025)
Location
- Neighbourhood
- Mount Forest
- Cross Street
- Egremont/Durham
- Direction Faces
- East
Listing
- MLS® Number
- X13514646
- Days on Market
- 111
- Listed On
- 2026-06-29
- Possession
- 30-60 days/TBA
- Listed By
- ROYAL LEPAGE RCR REALTY
Rooms
Features
Interior
- Primary Bedroom - Main Floor
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,745 per month
- Principal and interest
- $2,745
- Property tax
- $202
- Condo fees
- $0
- Estimated monthly cost
- $2,947
Your mortgage
- Mortgage amount
- $496,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $327,568
Cash to close
- Down payment
- $124,000
- Land transfer tax
- $8,875
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $132,875
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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