$749,000
↓ $11,000 from $760,000
Est. payment $3,316/moCalculate yours
130 ST DAVID Street S, Centre Wellington, ON N1M 2L3
Fergus, Centre Wellington, ON N1M 2L3
- 1 + 1 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of RE/MAX EXPERTS MLS® X13088558
About this home
Step into a rare creative and income-generating opportunity with this circa-1880, 3-storey semi-duplex in the heart of downtown Fergus Ontario. Rich in character and layered with history, this property offers the kind of authentic architectural canvas artists crave-paired with the fundamentals investors value.Overlooking the Grand River, the setting is as inspiring as it is desirable. Inside, exposed stone walls, high ceilings, and oversized windows create a light-filled, studio-like atmosphere full of texture and warmth. The main and lower levels-fully renovated in 2022-currently operate as a successful Airbnb, providing immediate income with strong guest appeal.The main level blends craftsmanship and nostalgia, featuring a character-rich kitchen with custom cherry wood cabinetry and vintage-style appliances, plus open living and dining areas ideal for entertaining or creative work. The lower level offers a spacious bedroom and flexible storage, perfect for a studio or extended-stay use.Upstairs, the second and third floors form a separate tenanted unit with a retro-modern aesthetic. This inviting space includes a cozy living room, charming kitchen, and sunlit breakfast area. The third-floor primary suite is a standout, with a large skylight and walk-out to a private rooftop-style terrace-an ideal retreat for relaxing or hosting.For artists, this is a live/work space full of soul and inspiration. For investors, it’s a proven dual-income property with flexibility and upside. A durable metal roof, updated furnace, and thoughtful renovations mean key upgrades are already complete.A truly unique offering where heritage charm meets creative potential and strong returns. Tenant pays $1425 a month plus all utilities except water. AirBnb income approx $28,000 a year.
Property details
Overview
- Property Type
- Att/Row/Townhouse
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,100 sqft
Interior
- Bedrooms
- 1 + 1
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Walk-Up, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Stone, Vinyl Siding
- Foundation
- Stone
- Roof
- Metal
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 22 x 33 Acres
- Parking
- None garage
- Zoning
- Comm/Res
Financial
- Property Taxes
- $3,680 (2025)
Location
- Neighbourhood
- Fergus
- Cross Street
- St Andrew St
- Direction Faces
- East
Listing
- MLS® Number
- X13088558
- Days on Market
- 167
- Listed On
- 2026-05-04
- Possession
- tba
- Listed By
- RE/MAX EXPERTS
Rooms
Features
Interior
- Accessory Apartment
Property
- Hospital
Pool
- None
Mortgage calculator
Estimated mortgage payment
$3,316 per month
- Principal and interest
- $3,316
- Property tax
- $307
- Condo fees
- $0
- Estimated monthly cost
- $3,623
Your mortgage
- Mortgage amount
- $599,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $395,723
Cash to close
- Down payment
- $149,800
- Land transfer tax
- $11,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $161,255
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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