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Property Type: Detached HouseOwnership: Freehold
7689 SECOND LINE
Centre Wellington, ON N0B1S0
MLS® X13693162
$998,500
4 bed3.5 bath12 parking
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Lot size
- 200 x 325 FT
- Frontage
- 200 feet
A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,751.36 (2025)
Interior
- Basement
- Finished, Full, Apartment in basement, Walk-up, N/A, N/A, N/A
- Heating
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | — |
| Living room | Main level | — |
| Sunroom | Main level | — |
| Bathroom | Basement | — |
| Bedroom | Basement | — |
| Kitchen | Basement | — |
| Recreational, Games room | Basement | — |
| Recreational, Games room | Basement | — |
| Other | Basement | — |
| Other | Basement | — |
| Utility room | Basement | — |
| Bathroom | Main level | — |
| Utility room | Basement | — |
| Primary Bedroom | Main level | — |
Description
Set on a very private 1.5-acre property on the edge of Elora and Fergus, this large bungalow offers 3445 total square feet of the perfect combination of space, privacy and convenience. A covered front porch welcomes you into a spacious main floor featuring three bedrooms, a 4-piece bathroom and a convenient 2-piece bath. The spacious eat-in kitchen offers plenty of room for everyday living, complemented by a separate dining room and inviting living room ideal for entertaining and relaxing. The bright sunroom provides a peaceful spot to relax and enjoy views of the property. The finished basement features a one bedroom apartment with a separate entrance through the garage, full bathroom, kitchen, living area and its own laundry. An ideal setup for extended family, guests or potential rental income. Outside, enjoy privacy and a back deck overlooking the open yard, shed with hydro and beautiful farm fields beyond. All this in the perfect location, just minutes from town, offering the opportunity to enjoy country privacy and easy access to town. (id:63161)
Listing Information
- MLS®
- X13693162
- Tax assessment year
- 2025
- Data last synced
- October 26, 2026
Royal LePage Royal City Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Royal City Realty
MLS® Number: X13693162
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: 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
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,850) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$798,800.00
Periodic payment — Principal & Interest (monthly)$5,153.59
Additional monthly expenses (condo fees, tax, utilities, etc.)$562.61
Total monthly cost$5,716.20
Interest paid over 5-yr term$228,938.38
Balance at end of term$718,523.18
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$74,850
Stress test qualifying rate8.19%
Payment you must qualify for$7,161.74
Cash Needed at Closing
Minimum down payment$74,850
Estimated Land Transfer Tax (LTT)$16,445
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,795
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.
