475 FORFAR Street E, Centre Wellington, ON N1M 3H6
Fergus, Centre Wellington · Near Gartshore to Forfar · View map
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 7
- Basement
- Separate Entrance, Partially Finished
- Lot size
- 50 x 130 ft
- Faces
- North
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
- Fireplace
- No
- Central vacuum
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 5
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $3,617/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBD /
- Cross street
- Gartshore to Forfar
- Neighbourhood
- Fergus
More
- Price per sq ft
- ~$876 (at 900 sq ft)
- MLS® number
- X13851480
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The home and its surroundings
- Central Vacuum
- Fenced Yard
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
475 FORFAR Street, Centre Wellington, ON N1M 3H6
Fergus, Centre Wellington · Near Gartshore to Forfar
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Listing history for 475 FORFAR Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 475 FORFAR Street E
Answers come straight from this home’s MLS® listing.
How much is 475 FORFAR Street E listed for, and what would it cost each month?
475 FORFAR Street E is listed for $788,800. With 20% down ($157,760), the mortgage payment would be roughly $3,182 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,483 a month, all in. That figure is an illustration, not a quote.
Is 475 FORFAR Street E freehold or a condo, and is there a monthly fee?
475 FORFAR Street E is a 2-storey detached home in Fergus, Centre Wellington. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 475 FORFAR Street E have?
475 FORFAR Street E has 3 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms.
Does 475 FORFAR Street E have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.
Does 475 FORFAR Street E have a finished basement?
The listing describes the basement as separate entrance, partially finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 475 FORFAR Street E?
475 FORFAR Street E is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 475 FORFAR Street E, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 130 ft.
How is 475 FORFAR Street E heated and cooled?
Heating is baseboard (gas). The listing does not show air conditioning.
What are the property taxes for 475 FORFAR Street E?
Property taxes are $3,617 a year (2025), or about $301 a month.
Where is 475 FORFAR Street E?
475 FORFAR Street E is in the Fergus community of Centre Wellington. The nearest main intersection is Gartshore to Forfar. The postal code is N1M 3H6.
Is 475 FORFAR Street E still for sale?
Yes. It is an active listing (MLS® X13851480). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 475 FORFAR Street E asking?
Similar detached homes for sale nearby right now include 234 Philip Court W at $769,900 (3 bed), 729 WOODHILL Drive at $759,900 (3 bed) and 292 Millburn Boulevard at $749,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 475 FORFAR Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 475 FORFAR Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Fergus, picked by style, size and price.
2-storey detached home$769,900234 Philip Court W, Centre Wellington3 bed · 2 bath · FergusCourtesy of: RIGHT AT HOME REALTYView home →
2-storey detached home$759,900729 WOODHILL Drive, Centre Wellington3 bed · 2 bath · FergusCourtesy of: Royal LePage Royal City RealtyView home →
2-storey detached home$749,000292 Millburn Boulevard, Centre Wellington3 bed · 2 bath · FergusCourtesy of: Bosley Real Estate Ltd.View home →Courtesy of: CENTURY 21 RED STAR REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.