475 Forfar Street
Fergus, Centre Wellington, N1M 3H6
FOR SALE
$788,800
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3 + 1
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 7
ROOMS X13851480
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Property Description
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.
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Property Features
Fenced Yard, Central Vacuum, Private
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Property Details
Address
475 Forfar Street
Community
Postal Code
N1M 3H6
Property Type
Detached, Detached
Zoning
res
Lot Size
50' x 130'
Taxes
$3,617 (2025
Basement
Separate Entrance, Partially Finished
Heat Type
Baseboard
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Attached
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Listing contracted with Century 21 Red Star Realty Inc.
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Luxury on the lake! Introducing Lake Belwood, a hidden gem yet to be discovered & a short drive to Guelph, KW, Oakville, Hwy 401, Pearson Airport and Toronto. Have you always wanted the beauty and relaxation of cottage country but hated the drive and all that came with it every weekend? Here is your answer - stay close to home with this amazing cottage at Lake Belwood. This charming three bedroom, two bathroom cottage offers the perfect blend of comfort, character and incredible waterfront views. Set on an massive lot with beautiful views across at the expanse of the lake. Enter into the cottage and find a very generous living space flooded with natural light and large windows throughout that provide incredible views of the large yard and lake. Open concept kitchen, family and dining rooms makes it perfect for family gatherings or just a cozy weekend. The attached covered porch is another perfect spot to start your morning with a coffee, unwind after a day on the water or gather with friends and family in the evening. And when the sun starts to set the lake comes alive and provides absolutely spectacular sunsets that are perfect from this property. Do not miss your chance at this incredible cottage - a must see in person. This is a seasonal cottage on GRCA lease land, full time living is permitted April 15 - November 15 and 10 days of living permitted in the off season.
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Discover the ease of brand-new, one-level living in this thoughtfully designed 1,100 sq. ft. bungalow to be built by a respected local builder known for quality craftsmanship and attention to detail. The bright, open-concept layout features two generous bedrooms, two bathrooms-including a primary ensuite-and convenient main-floor laundry. Designed with comfort and functionality in mind, this home is ideal for downsizers, professionals or anyone seeking a low-maintenance lifestyle. Buyers may personalize select finishes to create a home that reflects their individual style. Set on a mature, established street, this rare opportunity combines the confidence of new construction and Tarion Warranty protection with the character of an established neighbourhood. Complete with an attached 1.5-car garage and an efficient, well-planned design, this is a quality-built home you will be proud to own. Alternative floor plans, including a bungaloft design, are also available. Buyer must qualify for the enhanced HST rebate.
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Century-home character, flexible living space and a deep backyard come together at 691 St Andrew Street W. Set on a 49 x 135 ft lot just west of historic downtown Fergus, this inviting red-brick home offers 1,573 sq ft of exterior above-grade living space (iGUIDE), three bedrooms, three bathrooms, a detached garage and parking for four. The bright main floor opens with a welcoming foyer and living room, then flows to a thoughtfully updated kitchen with granite counters, stainless steel appliances and island seating. A formal dining room, separate family room with gas fireplace and built-ins, powder room and mudroom create a layout that handles everyday living, entertaining and working from home with ease. Upstairs are three comfortable bedrooms and a four-piece bath. The partially finished lower level adds a recreation room, dedicated office, second four-piece bath, laundry and useful storage. Outside, enjoy the covered front porch, elevated rear deck, full fencing, mature trees, garden shed and fire-pit area across a generous private lawn. Municipal services, central air and forced-air gas heat add year-round comfort. Close to the Grand River, downtown shops and restaurants, parks, schools, the library, hospital and community amenities, this is a distinctive Fergus home with genuine character, practical space and room to make it your own.
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OPEN HOUSE - SATURDAY OCTOBER 3,2026. 11:30 AM - 1:00 PM. Great Starter or Retirement Home! Charming 3 bedroom open-concept bungalow located in a great family neighbourhood in the North end of Fergus. This nicely maintained home is in move-in ready condition and features hardwood floors, bay window, gas fireplace and more. The lower level is partially finished, but still offers lots of potential to finish as required. A spacious 2 level rear deck offers a peaceful, treed area to relax. Take advantage of living in Centre Wellington. Make the move to Fergus.
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