475 Forfar Street E, Centre Wellington, Ontario N1M 3H6

Listed for:
$828,800
4 beds
2 baths
Listed 37 days ago
House for rent: 475 Forfar Street E, Centre Wellington, Ontario N1M 3H6

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About

Cross Streets: Gartshore to Forfar. ** Directions: Gartshore St to Forfar St E. 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. (id:27476)

Property Highlights

MLS® Number
X13548986
Type
Single Family
Community Name
Fergus
Ownership Type
Freehold
Land Size
50 x 130 FT|under 1/2 acre
Parking Space Total
6

Building

Building Type
House
Storeys
2.00
Square Footage
700 - 1100 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
4
Exterior Finish
Vinyl siding, Brick
Fireplace Present
No
Basement Type
N/A, N/A (Partially finished)
Basement Features
Separate entrance
Building Heating Type
Baseboard heaters, Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Bedroom
Basement
2.7 m x 5.09 m
Living room
Basement
5.72 m x 3.03 m
Kitchen
Basement
3.49 m x 3.81 m
Bathroom
Basement
1.22 m x 2.76 m
Living room
Main level
3.73 m x 3.12 m
Kitchen
Main level
4.15 m x 3.12 m
Dining room
Main level
3.52 m x 1.67 m
Bathroom
Main level
2.24 m x 1.5 m
Bedroom
Main level
3.91 m x 3.33 m
Primary Bedroom
Main level
5.55 m x 3.33 m
Bedroom
Main level
3.52 m x 2.56 m

Location

Learn more about this property
Listing provided by:
CENTURY 21 RED STAR REALTY INC.
MLS® number:
X13548986
Agent:
Mark Persaud
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