$329,000
Est. payment $1,457/moCalculate yours
PT 2 & 5, LT 3, PL 87 Steele Street, Centre Wellington, ON N1M 2W3
Fergus, Centre Wellington, ON N1M 2W3
Listing courtesy of M1 Real Estate Brokerage Ltd MLS® X13778914
About this home
Two Lots Available: Opportunity is knocking with premium 16.5 x 26 metre (approximately 54′ x 85′) building lots ideally located on Steele Street - just off Sideroad 18 in Fergus. Soaring evergreens on the bordering property provide a lovely backdrop, offering the perfect blend of an established and peaceful residential setting in a wonderful community with convenient access to everything Centre Wellington has to offer. The initial planning has already been done for you with municipal services at the road and a development agreement in place including conceptual servicing/grading plans, storm water management brief, GRCA review and more. Unlike many other vacant lots in the area, this property is not subject to GRCA (Grand River Conservation Authority) regulations, significantly simplifying the planning and building process.The R1C - Residential zoning permits a detached single-family dwelling along with customary residential accessory uses, making it an ideal location for your forever home or a quality investment property. With the recent changes providing HST relief to buyers of new constructions, custom home builders may be particularly interested in the adjacent lot as well (listed separately). Whatever your vision may be, this property provides an excellent opportunity to bring it to life with added confidence and convenience. Enjoy all that Fergus & Elora have to offer, including historic downtown shops and restaurants, excellent schools, parks, walking trails, the Grand River, the Cataract Trail, and a vibrant community known for its small-town charm and easy access to Guelph, Kitchener-Waterloo, and Highway 6.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 54 x 85 Feet
- Zoning
- R1C
Location
- Neighbourhood
- Fergus
- Cross Street
- Steele St X Sider oad 18
- Direction Faces
- East
Listing
- MLS® Number
- X13778914
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- Immediate
- Listed By
- M1 Real Estate Brokerage Ltd
Mortgage calculator
Estimated mortgage payment
$1,457 per month
- Principal and interest
- $1,457
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $1,457
Your mortgage
- Mortgage amount
- $263,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $173,822
Cash to close
- Down payment
- $65,800
- Land transfer tax
- $3,410
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $69,210
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
This photo could not be loaded.