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$ 850,000
Est. payment /mo
New
370 Forfar ST E Centre Wellington, ON N1M 1B5
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Fergus
MLS Listing ID X14152978
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,504
Tax Year 2025
Property Sub-Type Duplex
Property Description
Ask anyone in Fergus and they will tell you the best streets are the ones where you can leave the car at home. Forfar Street East is one of them. A short stroll takes you into downtown, with its shops and cafes, and that is only the beginning of the story. This legal duplex started life in 1956 as a modest bungalow. In 2023 it was rebuilt with a second storey, creating two stacked, self-contained units, each with a feel all its own. Step onto the main level and picture yourself settling in. About 900 sq ft and 2 bedrooms, with a private deck made for morning coffee and slow summer evenings. It is vacant and ready for you, whether you plan to live here or lease it out. Below, the basement holds shared laundry and a bathroom rough-in, with room to finish more living space for the main floor owner as your needs grow. Upstairs, the 3 bedroom unit spans about 1,230 sq ft with a private deck of its own and room for a growing family, a long-term renter or relatives who want to stay close. This is where the story gets interesting. Live on the main floor and let the upper help carry the mortgage. Or hold the whole building as an investment and let both units work for you. An attached garage and driveway parking take care of the cars, and the lot, zoned R3, offers more outdoor room than you might expect this close to town. Daily life is easy here. Victoria Terrace Public School is just down the street, with more schools nearby. Downtown Fergus and the Fergus Marketplace are within walking distance, Walmart is an easy walk, and the Sportsplex, Zehrs and Groves Memorial Community Hospital are minutes away. A legal duplex with room to live, lease, or hold. Book a showing and see the opportunity.
Location
State ON
County Wellington
Area Wellington
Zoning R3
Rooms
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features Water Softener, Water Heater
Cooling Central Air
Inclusions Window Coverings
Exterior
Parking Features Attached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Foundation Concrete Block
Lited by EXP REALTY