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Property Type: Detached HouseOwnership: Freehold
650 ST DAVID ST, NORTH ROAD
Centre Wellington (Fergus), ON N1M2K7
MLS® X13645374
$889,900
3 bed4 bath5 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 85 x 105 FT
- Frontage
- 85 feet
R1B
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,604
Interior
- Basement
- Partial
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
Description
Exceptional opportunity to own a piece of local history with incredible versatility and income potential. Formerly operated as a successful bed and breakfast, this beautifully preserved century home is zoned R1B, offering potential for a bed and breakfast or home-based business. Featuring 3 bedrooms and 4 bathrooms, each bedroom upstairs has its own private ensuite, making this property ideal for hosting guests, multi-generational living, or creating a unique lifestyle opportunity. Filled with timeless character and modern conveniences, this charming home features an updated kitchen with a large centre island and walk-in pantry, original hardwood flooring upstairs, new flooring on the main floor, stunning exposed stone wall, intricate wood trim, and beautiful coffered ceilings throughout. The spacious primary suite offers a walk-in closet and a unique hidden staircase leading directly to the kitchen. Convenient main floor laundry adds everyday functionality, while the cozy sunroom provides the perfect space to relax and enjoy the views. Set on a beautifully landscaped lot, the outdoor space is truly special with English perennial gardens, a tranquil pond, a covered wraparound porch, and a spectacular outdoor stone fireplace. Thoughtful updates include a lifetime metal roof. Located within walking distance to the Grand River, restaurants, shops, parks, and trails, this remarkable property offers a rare combination of historic charm, modern comforts, and endless possibilities. (id:63159)
Listing Information
- MLS®
- X13645374
- Data last synced
- September 15, 2026
eXp Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: eXp Realty
MLS® Number: X13645374
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 OnePoint Association of REALTORS®.
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: 7.2% ($63,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$711,920.00
Periodic payment — Principal & Interest (monthly)$4,593.07
Additional monthly expenses (condo fees, tax, utilities, etc.)$300.33
Total monthly cost$4,893.40
Interest paid over 5-yr term$204,038.32
Balance at end of term$640,374.34
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$63,990
Stress test qualifying rate8.19%
Payment you must qualify for$6,403.89
Cash Needed at Closing
Minimum down payment$63,990
Estimated Land Transfer Tax (LTT)$14,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,763
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.
