$828,800
8.90 BTC
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Map
475 Forfar Street, Centre Wellington
$828,800
PRICE
3 + 1
BEDROOMS
2
BATHROOMS
X13548986
MLSID

475 Forfar Street, Centre Wellington

An exceptional opportunity for first-time home buyers, investors, or those looking to downsize! This beautifully renovated detached home offers incredible flexibility with two self-contained units, separate hydro meters, the potential for strong rental income. 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, providing privacy and easy access to nature.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. Whether you're looking to offset your mortgage with rental income, accommodate multi-generational living, in one of Fergus' most desirable locations.
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Summary

Address
475 Forfar Street
Community
MLSID
X13548986
Property Type
Detached
Property Category
Bedrooms
3 + 1
Bathrooms
2
Rooms
7
Kitchens
1 + 1
Zoning
res
Taxes (Annual)
$3,617.00
Tax Year
2025
Published
July 10, 2026
Days on Market
1 Days
Possession Type
Flexible
Possession Details
15/30/45 Tbd
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Details

Property Features
Fenced Yard
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Basement Level
Basement
Separate Entrance, Partially Finished
Interior Features
Central Vacuum
Parking Spaces
5
Parking Total
6
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding, Brick
Lot Width
50 Feet
Lot Depth
130 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Baseboard
New Construction
No
Occupant Type
Partial
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with CENTURY 21 RED STAR REALTY INC.
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