360 Perth Street, Wellington North, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Mount Forest. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,299,000 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.
- 0 Bedrooms and 2 Bathrooms
- Premium 582.64 x 458.96 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient gas forced air open heating
Description
Rare opportunity to acquire a freestanding industrial property with excess development land in Mount Forest, a market with extremely limited serviced industrial supply. The 7.44-acre M1-zoned site includes a 20,130 sq. ft. single-storey industrial building with office and warehouse space, 600V 3-phase power, and three dock-level shipping doors (two 8'x8' and one 9'x9', all with levellers). The 2.08-acre building parcel will be leased back to the current occupant on terms to be negotiated, providing immediate income. The balance of the approximately 5.36 acres of surplus industrial land offers exceptional future development or expansion potential. An ideal opportunity for investors, developers, or end users seeking long-term upside in a supply-constrained industrial market.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 360 Perth Street, Wellington North, ON N0G 2L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Wellington North, ON
For a property listed at $4,299,000 in Wellington North, the legal minimum down payment is $859,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $93,950 for this transaction. As this listing is in Wellington North (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $93,950.
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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.
