For Sale: 475 Forfar Street E, Centre Wellington, ON - REW
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$788,800
4 bd • 2 ba • 1047 sf • House
475 Forfar Street E
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$788,800
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475 Forfar Street ECentre Wellington, ON, N1M 3H6

Fergus
  • 4 Bed
  • 2 Bath
  • 1047 Sqft
  • House

About this home

2 self-contained units, separate hydro meters, the potential for strong rental income. Previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you're looking to offset your mortgage, accommodate multi-generational living or just make $4,900 per month! 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. 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.
Listed by: Mark Persaud, CENTURY 21 RED STAR REALTY INC.

Home facts and features

Price details
List Price
$788,800
Get Pre-Approved
Gross Taxes for 2026
$3,617
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
6
Parking Details
Attached Garage
Property Type
House
Lot Size
50 ft x 130 ft (6500 ft²)
Depth
130.0
Frontage
50.0
Style
Colonial
Heating Type
Baseboard
Cooling
Central Air
Basement Details
Partial,Finished
Features
Central Vacuum
Appliances
2 Dishwashers, 2 Dryers, 2 Fridges, 2 Over The Range Microwaves, 2 Stoves, 2 Washers, Dishwasher, Dryer, Washer, Water Softener
Community
Agent details
Primary Agent
Primary Broker
CENTURY 21 RED STAR REALTY INC.
Listing details
Days on REW
12 Days
MLS® Number
40868314
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Victoria Terrace Public School
  • Public
  • JK - 6
Maranatha Christian School
  • Private
  • K - 8
St JosephCatholic School
  • Catholic
  • JK - 8
John Black Public School
  • Public
  • JK - 8
James McQueen Public School
  • Public
  • JK - 6
J Douglas Hogarth Public School
  • Public
  • JK - 8
Emmanuel Christian High School
  • Private
  • 9 - 12
Centre Wellington District High School
  • Public
  • 9 - 12
Elora Public School
  • Public
  • JK - 8
St Mary Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Mark Persaud
Phone:
(647) 210-5105
Cell:
416-875-0865
Office:
416-740-5100
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