98 Rea Drive, Centre Wellington, ON

$1,199,000
MLS#:X13241918
5 beds
5 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Fergus. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 106 x 150 ft lot
  • Features a ["walk-out", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to this grand 5-bedroom, 5-bathroom family home in the heart of Fergus-an exceptional residence that blends luxury, comfort, and modern functionality. Step into a bright, sun-filled living area framed by soaring 10 ft ceilings that create an open, inviting atmosphere perfect for family living and entertaining. The upgraded kitchen features granite countertops, quality cabinetry, a range exhaust fan, and high-end stainless steel appliances that will impress any home chef.Two expansive levels plus an upgraded, sun-filled loft provide generous space, while the beautifully landscaped ravine lot with over 105 ft of frontage adds privacy, natural beauty, and curb appeal. An attached double-car garage and driveway parking for up to four vehicles offer convenient parking, and the fully functional walkout basement with a cold cellar room provides excellent storage and endless possibilities for future customization. Located in a highly sought-after neighbourhood, you're just moments from the hospital, scenic parks and trails, places of worship, and top-rated public, Catholic, and private schools-delivering both everyday convenience and an exceptional lifestyle.

Upcoming Open Houses

Friday, June 12, 20264:00 PM - 6:00 PMPublic
Saturday, June 13, 202612:00 PM - 2:00 PMPublic

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size106 × 150 Feet
CountyWellington
Annual Tax$8,100
Legal DescriptionLOT 265, PLAN 61M245 TOWNSHIP OF CENTRE WELLINGTON

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Park, Library, Place Of Worship, Ravine, Arts Centre

Community Features

Location

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98 Rea Drive, Centre Wellington, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 98 Rea Drive, Centre Wellington, ON N1M 0J8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$959,200
Monthly Mortgage$5,573
Property Tax (Est.)$675
Utilities & Maint.$350
Total Monthly Cost$6,598

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Centre Wellington.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Fergus, Centre Wellington.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$789,427

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Victoria Terrace
Public500 Victoria Terrace, Centre Wellington, Ontario, N1M 2G5
6.5
St Joseph
Public760 St. David Street North, Centre Wellington, Ontario, N1M 1A1
9.3
J Douglas Hogarth
Public360 Cherry Hill Place, Centre Wellington, Ontario, N1M 1Z5
6.1
John Black
Public150 Lamond Street, Centre Wellington, Ontario, N1M 2A1
6.6
Elora
Public288 Mill Street East, Centre Wellington, Ontario, N0B 1S0
6.3

Secondary Schools

Centre Wellington
Public905 Scotland Street, Centre Wellington, Ontario, N1M 1Y7
7.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.