550 Silver Street, Wellington North, ON

$824,900
MLS#:X9004924
6 beds
3 baths
1500-2000 sqft
14.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Wellington North. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $824,900 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.

  • 6 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 98 x 330 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 14.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Floor Drain
  • equipped with other central cooling and highly efficient other heating via electric

Description

This great home on a 1 acre lot is minutes from Mount Forest and less than an hour to Guelph, Orangeville and Waterloo. A fabulous country retreat offering beauty of the season all year round. If you are looking for peace and quiet you have found it here. From the great driveway where you can park numerous vehicles you have multiple access points to this home, including a walkout basement. The main floor is open concept living at its best and there's no doubt you will enjoy beautiful views of the yards from every angle. The massive primary suite has an updated 3 pc bath with heated floors. New carpet was installed in the two other bedrooms in 2022. The main bath is newly renovated and features quartz countertops, double sinks, a glass shower and heated floors. The fully finished lower level with the new luxury vinyl plank flooring could be an ideal in-law suite and has a huge rec room and 3 more bedrooms. Check out the Geothermal heating and cooling system perfect for the energy conscious buyer who is concerned about the use of fossil fuels. Geothermal heating and cooling is a renewal resource and uses the earths natural heat and is very cost effective. Outside on the expansive deck you have a choice of sun or shade with a view from every spot. A separate garage will park 4 vehicles, has 10' ceilings and for added convenience a rough in for a 2pc bath. Outside the garage is a Septic hook-up for your RV or a future Tiny home. Ready to Explore Mt Forest? Take the dog and go for a short stroll down the street and enjoy the Saugeen Valley Trail that runs along the Saugeen River where you are sure to enjoy a variety of landscapes along the way. Window updated between 2010-2022, new 35 year shingles installed in June 2023. This exceptional property must be seen to be truly appreciated for all it has to offer.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 6, 2024
Sold price information is available to members only
Listed Date7/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding, Brick
BasementFull, Finished
Lot Size98 × 330 Feet
CountyWellington
Annual Tax$3,802.78
Legal DescriptionLOT 39, PART OF LOT 40,41,42, SOUTH SIDE MILL STREET SURVEY ALLAN & GEDDES MOUNT FOREST AND PART OF MILL STREET AND PART OF GEORGE STREET AS CLOSED BY RON60307 AS IN RON87571, BEING PART 2 61R-22193 TOGETHER WITH AN EASEMENT OVER PART MILL STREET SURVEY ALLAN & GEDDES MOUNT FOREST, PART 3, 61R22193 AS IN WC683989 TOWNSHIP OF WELLINGTON NORTH

Parking & Garage

Parking Spaces14.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingOther

Features

Property Features

Cul de Sac/Dead End, Greenbelt/Conservation, Hospital, Library, Park, Place Of Worship

Interior Features

Auto Garage Door Remote, Central Vacuum, Floor Drain, In-Law Capability, Upgraded Insulation, Water Heater Owned, Water Softener, Workbench

Security Features

Community Features

Location

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550 Silver Street, Wellington North, 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 550 Silver Street, Wellington North, ON N0G 2L3

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$659,920
Monthly Mortgage$3,834
Property Tax (Est.)$317
Utilities & Maint.$350
Total Monthly Cost$4,501

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$707,479

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

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Secondary Schools

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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.