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Property Type: Detached HouseOwnership: Freehold
111 REA DRIVE
Centre Wellington (Fergus), ON N1M2W3
MLS® X13764436
$989,000
5 bed5.5 bath4 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 50.2 x 96.8 FT
- Frontage
- 50.2 feet
R2.66.5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,957
Interior
- Basement
- Unfinished, Walk out, N/A, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Great room | Main level | — |
| Living room | Third level | — |
| Eating area | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
| Bedroom 4 | Second level | — |
| Laundry room | Second level | — |
| Bedroom | Third level | — |
Description
This extremely spacious family home located in the heart of Fergus features two levels plus a loft, and includes 5 bedrooms and 5 bathrooms. A tastefully landscaped property with 50 foot frontage, it offers an amazing view from the upper front balcony, and includes an attached double car garage and parking for 4 cars, as well as a basement walkout. There are many neighbourhood amenities including a hospital, church, parks, trails and playgrounds plus 4 public schools, 3 Catholic schools and 2 private schools. (id:63159)
Listing Information
- MLS®
- X13764436
- Data last synced
- September 15, 2026
REAL ESTATE HOMEWARD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REAL ESTATE HOMEWARD
MLS® Number: X13764436
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Nearby Places
Parks (5+)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($73,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$791,200.00
Periodic payment — Principal & Interest (monthly)$5,104.55
Additional monthly expenses (condo fees, tax, utilities, etc.)$579.75
Total monthly cost$5,684.30
Interest paid over 5-yr term$226,760.19
Balance at end of term$711,686.96
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$73,900
Stress test qualifying rate8.19%
Payment you must qualify for$7,095.45
Cash Needed at Closing
Minimum down payment$73,900
Estimated Land Transfer Tax (LTT)$16,255
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,655
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
