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Property Type: Detached HouseOwnership: Freehold
259 REA DRIVE
Centre Wellington (Fergus), ON N1M2W3
MLS® X13687320
$869,000
4 bed4.5 bath4 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 36 x 108.3 FT
- Frontage
- 36 feet
R2-66-5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,547.91
Interior
- Basement
- Unfinished, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Ground level | — |
| Bedroom 4 | Second level | — |
| Partial bathroom | Ground level | — |
| Laundry room | Second level | — |
| Bathroom | Second level | — |
| Living room | Ground level | — |
| Dining room | Ground level | — |
| Kitchen | Ground level | — |
| Eating area | Ground level | — |
| Family room | Ground level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
Description
(STEP INSIDE) Pull into the driveway at 259 Rea Dr and picture a Saturday morning here - coffee in the kitchen, everyone out the door without the usual scramble. This clean, move-in ready detached 2-storey sits in one of Fergus's most family-friendly pockets, with 4 bdrms & 4 baths giving everyone room to spread out. (MAIN LEVEL) Foyer with coat closet & tile flooring. 2pc powder room means guests never trek upstairs. Open-concept living/dining under a large window that fills the room with light. Kitchen with ceramic flooring, central island with double sink, stainless steel fridge, range & hood, plus a pantry - built for a real cook. Eat-in breakfast area with ceramic flooring & a walkout to the backyard. Family room with carpets, a gas fireplace & large windows over the yard - the room this house will really live in. Second foyer off the garage with closet & ceramic flooring. (UPPER LEVEL) 4 carpeted bdrms, generously sized. Primary bdrm is the retreat: large walk-in closet & 5pc ensuite in ceramic flooring, with a separate soaker tub, separate standup shower & separate toilet. Bdrm 2 has a walk-in closet & 4pc ensuite in ceramic flooring. Bdrm 3 has a walk-in closet & semi-ensuite access. Bdrm 4 has a large window, double closet & semi-ensuite access. Bdrms 3 & 4 share a 4pc semi-ensuite bath with ceramic flooring & separated toilet & tub. Laundry room with ceramic flooring & laundry tub - the basket never travels far. (LOWER LEVEL) Unfinished basement with a sump pump - a blank slate for whatever this family needs next. (LOCATION) Fergus sits along the Grand River in Centre Wellington, with a historic downtown & a trail network including the Elora-Fergus trail system. Highway 6 keeps Guelph within easy reach for commuters. Served by the Upper Grand & Wellington Catholic District School Boards, with Centre Wellington District High School for public secondary - a stretch of town where a family puts down roots. (id:63159)
Listing Information
- MLS®
- X13687320
- Data last synced
- September 15, 2026
CITYSCAPE REAL ESTATE LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CITYSCAPE REAL ESTATE LTD.
MLS® Number: X13687320
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 (3)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($61,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$695,200.00
Periodic payment — Principal & Interest (monthly)$4,485.19
Additional monthly expenses (condo fees, tax, utilities, etc.)$462.33
Total monthly cost$4,947.52
Interest paid over 5-yr term$199,246.32
Balance at end of term$625,334.65
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$61,900
Stress test qualifying rate8.19%
Payment you must qualify for$6,258.04
Cash Needed at Closing
Minimum down payment$61,900
Estimated Land Transfer Tax (LTT)$13,855
Legal / closing costs (typical estimate)$1,500
Total cash needed$77,255
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.
