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Property Type: Detached HouseOwnership: Freehold
245 BRIDGE STREET
Centre Wellington (Fergus), ON N1M1T7
MLS® X13850444
$1,149,000
4 bed3.5 bath2 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 66.2 x 214.6 FT ; Measurements are shortest sides of lot
- Frontage
- 66.2 feet
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,831.07 (2025)
Interior
- Basement
- Partially finished, Unfinished, Partial, Walk-up, N/A, N/A, N/A
- Heating
- Heat Pump, Radiant heat, Natural gas
Description
Downtown Fergus at your doorstep. The Grand River within earshot. And behind the yellow brick exterior, a home steeped in history, with details that stop you in your tracks. Welcome to 245 Bridge Street. Some homes offer a connection to the past and a way of life that's impossible to recreate, and here, you feel that the moment you step inside. Large, one of a kind arched folding wood doors make a remarkable first impression, followed by stained glass, exposed brick, elaborate trim work and craftsmanship that pulls you in to look a little closer. Just as impressive though, is the size and flexibility of the home itself, with distinct rooms that give you space to gather while also giving you room to yourself when you need it. Move into the living room after a home cooked meal, settle into the den with a book and a glass of wine, or keep the conversation going at the breakfast bar. Whether you're filling the house or enjoying a quiet evening, there's a place for both. Then with its vaulted ceiling, exposed brick and backyard views, the large, bright family room is just as inviting on an ordinary afternoon as it is on busy evenings hosting all of the extended family. Upstairs, you'll find the expansive primary bedroom with its own three piece ensuite, three additional bedrooms and the main three piece bathroom. Outside, an in-ground saltwater pool with solar heating, a new patio and a generous yard make summer at home something to look forward to. Spend the day swimming, put your green thumb to work, then take an easy stroll downtown for dinner or a drink with friends. Finding this much house and outdoor space in the heart of Fergus is compelling on its own. Finding it with this character and craftsmanship makes 245 Bridge Street an opportunity that may only come around once in your lifetime. (id:63161)
Listing Information
- MLS®
- X13850444
- Tax assessment year
- 2025
- Data last synced
- October 26, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: X13850444
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
Restaurants (5+)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (condo fees, tax, utilities, etc.)$485.92
Total monthly cost$6,416.29
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$89,900
Stress test qualifying rate8.19%
Payment you must qualify for$8,211.99
Cash Needed at Closing
Minimum down payment$89,900
Estimated Land Transfer Tax (LTT)$19,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$110,855
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.
