475 FORFAR Street E

Fergus, Centre Wellington, N1M 3H6

$788,800

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  • 3+1 bedrooms
  • 2 bathrooms
  • 6 parking
  • 700-1100 sq ft

Listed 18 days ago · MLS® X13851480

About this home

2 self-contained units, separate hydro meters, the potential for strong rental income. Previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you're looking to offset your mortgage, accommodate multi-generational living or just make $4,900 per month! 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. 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.

Details

Type
Detached
Style
2-Storey
Age
31-50 years
Size
700-1100 sq ft
Lot
50 × 130 ft
Basement
Separate Entrance, Partially Finished
Garage
Attached
Kitchens
2
Property tax
$3,617 (2025)
Neighbourhood
Fergus
Municipality
Centre Wellington
Price per sq ft
$876 (80% above detached houses in Fergus, $486)

Interior

Bedrooms
3 above ground + 1 below
Bathrooms
1 × 3-piece (main), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
7 above ground
Family room or den
No
Fireplace
No
Features
Central Vacuum

Heating, cooling and services

Heating
Baseboard, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Vinyl Siding, Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
31-50 years
Faces
North
Outdoor
Shed

Parking

Garage spaces
1
Total parking
6
Driveway and parking
Private

Lot

Size
50 × 130 ft
Acreage
< .50

More

Possession
TBD /
Nearby
Fenced Yard
Cross street
Gartshore to Forfar

Rooms

RoomLevelSizeFeatures
Living RoomMain3.73 × 3.12 m (12'3" × 10'3")
KitchenMain4.15 × 3.12 m (13'7" × 10'3")
Dining RoomMain3.52 × 1.67 m (11'7" × 5'6")
BathroomMain2.24 × 1.5 m (7'4" × 4'11")
BedroomMain3.91 × 3.33 m (12'10" × 10'11")
Primary BedroomMain5.55 × 3.33 m (18'3" × 10'11")
BedroomMain3.52 × 2.56 m (11'7" × 8'5")
Living RoomBasement5.72 × 3.03 m (18'9" × 9'11")
KitchenBasement3.49 × 3.81 m (11'5" × 12'6")
BathroomBasement1.22 × 2.76 m (4' × 9'1")
BedroomBasement2.7 × 5.09 m (8'10" × 16'8")

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 3 cafés and restaurants, 8 parks, 1 pharmacy. Nearest park: Forfar Park (100 m).

Schools nearby

Elementary

  • Victoria Terrace Public School
    EQAO: Gr 6 reading 88%, math 50%
    7 min walk
  • St. Joseph Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 88%
    14 min walk
  • John Black Public School
    EQAO: Gr 6 reading 94%, math 58%
    1.2 km
  • James McQueen Public School
    EQAO: Gr 3 reading 56%, math 50%
    1.3 km

Secondary

  • Centre Wellington District High School
    EQAO: Gr 9 math 63%, literacy test 89%
    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N1M

Owners / renters
76% / 24%
Median household income
$95,000
Average age
42
Children under 15
18%
Homes
67% detached, 2% high-rise
Commute by transit
0%
Population
18,498

Languages spoken most at home besides English: Punjabi (Panjabi) 0.5%, Tagalog (Pilipino, Filipino) 0.2%, Gujarati 0.2%, Malayalam 0.1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To Union Station (downtown Toronto): 80 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTURY 21 RED STAR REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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