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Property Type: Other
533 SOUTH RIVER ROAD
Centre Wellington, ON N0B1S0
MLS® X13869100
$5,200,000
2 bed1 bath10 parking
Property Details
Property & Lot
- Stories
- 1.5
- Lot size
- 2053 x 2540 FT ; irregular
- Frontage
- 2053 feet
Agricultural
Ownership & Fees
- Property type
- Other
- Annual property tax
- $5,800 (2026)
Interior
- Basement
- Full
- Heating
- Forced air, Natural gas
- Fireplace
- None
Exterior & Lot
- Exterior features
- Brick
Description
An extraordinary opportunity to secure 104.27 prime acres ideally positioned on prestigious South River Road, directly between the expanding urban boundaries of Fergus and Elora. Currently zoned Agricultural, this substantial land parcel offers active farm/agricultural potential alongside exceptional long-term strategic investment value. Approximately 90 acres workable land and the balance consists of bush & buildings. Situated in one of Wellington County's fastest-growing corridors, the property enjoys prime road frontage, immediate proximity to local amenities, and seamless access to both historic downtown Elora and vibrant Fergus. A rare canvas for agricultural pursuits, land banking, or future growth potential in Centre Wellington. (id:63159)
Listing Information
- MLS®
- X13869100
- Tax assessment year
- 2026
- Data last synced
- October 10, 2026
Royal LePage Royal City Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Royal City Realty
MLS® Number: X13869100
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®.
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: 10 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: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
31,093
(2021 Census)
+10.3% since 2016
Density: 75.9/km²
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,040,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$4,160,000.00
Periodic payment — Principal & Interest (monthly)$26,838.91
Additional monthly expenses (condo fees, tax, utilities, etc.)$483.33
Total monthly cost$27,322.24
Interest paid over 5-yr term$1,192,267.96
Balance at end of term$3,741,933.45
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$1,040,000
Stress test qualifying rate8.19%
Payment you must qualify for$32,255.56
Cash Needed at Closing
Minimum down payment$1,040,000
Estimated Land Transfer Tax (LTT)$116,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,157,975
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.