Loading…
Property Type: Condo / ApartmentOwnership: Condominium
307 - 245 SCOTLAND STREET
Centre Wellington (Fergus), ON N1M0B5
MLS® X13531250
$399,900
1 bed1 bath1 parking
Amenities
GymVisitor Parking
Also listed: Recreation Centre, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $380/mo
- Annual property tax
- $2,811.87
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Heat Pump, Electric
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
Description
Welcome to Unit 307 at 245 Scotland Street in Fergus, a bright and well maintained one bedroom condo apartment offering comfortable, low maintenance living in a convenient location. The open concept layout is enhanced by hardwood flooring that flows throughout the main living space. The kitchen features stainless steel appliances, ample cabinetry, and a breakfast bar that provides additional seating and a practical space for casual meals. The living room is filled with natural light from a large window and includes a walk out to the private balcony, creating an inviting place to relax and enjoy some fresh air. The primary bedroom also features a large window, giving the space a bright and airy feel. A 4 piece bathroom with built in storage and convenient in suite laundry complete the unit. One parking space is also included. Residents of the building can enjoy a variety of shared amenities. The main lobby offers a comfortable seating area near the front entrance, while a meeting and party room with a kitchen and an on site gym are located just down the hall. A games room can be found one level above the main lobby. At the rear of the building, residents also have access to a green space where they can sit, unwind, and enjoy the outdoors. Offering a functional layout, useful amenities, and easy condo living, Unit 307 at 245 Scotland Street is a great opportunity for first time buyers, downsizers, or anyone looking for a one bedroom condo in Fergus. (id:63159)
Listing Information
- MLS®
- X13531250
- Data last synced
- October 17, 2026
ROYAL LEPAGE RCR REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE RCR REALTY
MLS® Number: X13531250
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 (1)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (condo fees, tax, utilities, etc.)$614.32
Total monthly cost$2,678.34
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,995
Stress test qualifying rate8.19%
Payment you must qualify for$2,945.68
Cash Needed at Closing
Minimum down payment$19,995
Estimated Land Transfer Tax (LTT)$4,474
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,969
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.