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MLS® X13851480
Centre Wellington, ON
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.
Inclusions
2 fridges, 2 stoves, 2 over the range microwaves, 2 dishwashers, 2 washers, 2 dryers, water softener
Exclusions
All staging items and window coverings.
Broker
CENTURY 21 RED STAR REALTY INC.
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Detached
475 FORFAR Street E Centre Wellington
Centre Wellington
Built
31-50
Type
Detached
Basement
Separate Entrance, Partially Finished
Parking
Attached (6)
Property Tax
~$3,617/yr
Heating
Baseboard
Buying Essentials
Square Feet
900 sqft
Facing Direction
North
Parking
Attached (6)
Finances
List Price
$788,800
Price per SQFT
$876/sqft
Property Tax
~$3,617/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Age of Building
31-50
Basement
Separate Entrance, Partially Finished
Living & Amenities
Heating Type
Baseboard
Features
Central Vacuum
Policies & Utilities
Neighbourhood
Centre Wellington
Listed On
Oct 1, 2026
Fenced Yard
Days on Market
Current: 37 days
12.2 x 10.2
125 sqft
13.6 x 10.2
139 sqft
11.5 x 5.5
63 sqft
7.3 x 4.9
36 sqft
12.8 x 10.9
140 sqft
18.2 x 10.9
199 sqft
11.5 x 8.4
97 sqft
18.8 x 9.9
187 sqft
11.5 x 12.5
143 sqft
4.0 x 9.1
36 sqft
8.9 x 16.7
148 sqft
Rooms
11
Listed Room Area
1,313 sqft
Source
Estimated from MLS room dimensions
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