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Property Type: Detached HouseOwnership: Freehold
256 REA DRIVE
Centre Wellington (Fergus), ON N1M0K1
MLS® X13728756
$1,199,000
4 bed4.5 bath4 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 49.9 x 108.5 FT
- Frontage
- 49.1 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,020.97 (2026)
Interior
- Basement
- Unfinished, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Bedroom 4 | Main level | — |
| Family room | Main level | — |
| Kitchen | Main level | — |
| Study | Main level | — |
| Living room | Main level | — |
| Recreational, Games room | Basement | — |
Description
Welcome to 3520sqf(above ground) full of light coming through huge windows, All Brick(no Vinyl), No Neighbour at the Look-Out Basement Backing Onto Agricultural Greenspace .Very FunctionalFloor plan , 50K spent on Brick exterior and 50K on backing green space. Oak HardwoodStaircases , 9-Foot Ceilings On Main Level , Main Floor Features Bright light Foyer Leading toan Open-Concept Dining Room With Ceiling Open To Above. Huge Great Room With Gas Fireplace AndWalk-Out To Deck Overlooking Serene Greenspace Offering Plenty Of Natural Light. Huge 2 tonekitchen, A Home Office, Convenient Laundry Room, Powder Room And Mud Room With Direct Access ToGarage Complete The Main Floor. Upper Level Offers 4 Generous sized Bedrooms With Its OwnEnsuite/Semi Ensuite Bath. Primary Bedroom With Double Walk-In Closets and 5-Pc Ensuite BathFeatures.Smarter Home Technology With No Monthly Fees For 3 Years. Enjoy the serene lifestylein the fully equipped and huge backyard. (id:63159)
Listing Information
- MLS®
- X13728756
- Tax assessment year
- 2026
- Data last synced
- September 15, 2026
Century 21 Realty Centre
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Century 21 Realty Centre
MLS® Number: X13728756
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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Nearby Places
Parks (2)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (condo fees, tax, utilities, etc.)$668.41
Total monthly cost$6,856.85
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$94,900
Stress test qualifying rate8.19%
Payment you must qualify for$8,560.91
Cash Needed at Closing
Minimum down payment$94,900
Estimated Land Transfer Tax (LTT)$20,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$116,855
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.
