240 Egremont Street, Wellington North, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mount Forest. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $620,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 82.05 x 246 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient baseboard heating via electric
Description
Here is an exciting opportunity to purchase this nearly half acre in town property that Is Zoned R2. There is a severance that is currently in process separating the existing house from the remainder of the property which will be finalized by closing. This would allow you to build on the severed lot and live in the house while building or build on the lot and sell off the house. The possibilities are endless. The Medium-Density zoning Allows many different options such as a Duplex, Triplex, or Fourplex. Buyer/Buyer's Agent Must Do Their Own Due Diligence To Confirm What Can Be Built. This price includes both the newly severed lot and the existing house.
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Property Summary
This detached home located at 240 Egremont Street, Wellington North is currently for sale and has been available on SousaSells for 65 days. This property is listed at $620,000 with an estimated mortgage of $2,064* per month. It has 1 bed, 1 bathroom, and is 700-1100 square feet. 240 Egremont Street, Wellington North is in the Mount Forest neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mount Forest, Wellington North.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 240 Egremont Street, Wellington North, ON
Q.What is the asking price for 240 Egremont Street, Wellington North, ON ?
The current listing price for 240 Egremont Street, Wellington North, ON in Mount Forest, Wellington North is $620,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 240 Egremont Street, Wellington North, ON ?
240 Egremont Street, Wellington North, ON is a Detached (Bungalow) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Mount Forest, Wellington North
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 240 Egremont Street N, Wellington North, ON N0G 2L2
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 $620,000 in Wellington North, the legal minimum down payment is $37,000 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 $8,875 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 $8,875.
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Mount Forest, Wellington North Neighborhood Guide
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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.
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