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Property Type: OtherOwnership: Leasehold
127 CEDAR CRESCENT
Centre Wellington, ON N1M2W5
MLS® X13513694
$189,900
3 bed2.5 bath2 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- Modular
- Style
- Bungalow
- Stories
- 1
- Lot size
- 45 x 75 FT
- Frontage
- 45 feet
Ownership & Fees
- Property type
- Other
- Ownership
- Leasehold
- Annual property tax
- $153.64
Interior
- Basement
- None
- Heating
- Propane, Other, Other
Description
Welcome to your perfect seasonal getaway at Maple Leaf Acres on beautiful Belwood Lake! This charming 3-bedroom, 2-bath board-and-batten modular home is tucked beside the woods at the end of a quiet street, offering privacy, peace, and classic cottage charm. Cozy up around the propane stove on cooler evenings or relax outdoors under the gazebo while enjoying the peaceful natural setting. All furnishings are included, along with the BBQ, making this a truly turnkey retreat. This well-maintained home has seen numerous updates, including newer windows, new drywall and paint, replacement plumbing (2020), new roof (2020), hot water tank (2025), giving you peace of mind while preserving its warm cottage feel. Maple Leaf Acres is a sought-after member-owned community offering exceptional amenities, including indoor and outdoor swimming pools, a hot tub, recreation hall, restaurant, playgrounds, sports courts, walking trails, and access to beautiful Belwood Lake with a private boat launch. Monthly land lease fees are just $247.47, and property taxes are only $153.64 for the entire year, making this an affordable way to enjoy seasonal cottage living. The season runs May thru October, but winter access is allowed. Located just 12 minutes from Fergus and an easy drive from the GTA, this is the perfect place to escape the city, unwind, and start making lasting family memories. (id:63159)
Listing Information
- MLS®
- X13513694
- Data last synced
- September 15, 2026
REAL BROKER ONTARIO LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REAL BROKER ONTARIO LTD.
MLS® Number: X13513694
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.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Rural Centre Wellington East average
$21,667/sqft
2 active listing(s)
Parking: 2 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
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.
Population
31,093
(2021 Census)
+10.3% since 2016
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($9,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$151,920.00
Periodic payment — Principal & Interest (monthly)$980.14
Additional monthly expenses (condo fees, tax, utilities, etc.)$12.80
Total monthly cost$992.94
Interest paid over 5-yr term$43,540.71
Balance at end of term$136,652.53
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$9,495
Stress test qualifying rate8.19%
Payment you must qualify for$1,398.81
Cash Needed at Closing
Minimum down payment$9,495
Estimated Land Transfer Tax (LTT)$1,624
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,619
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.