314 Wellington Street E, Wellington North

$539,900
314 Wellington Street E

$539,900

New
23d
DetachedBungalow

314 Wellington Street E, Wellington North

Total Monthly Obligation $2,794

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
23d
Yield
4.4%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13845478
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 93.06 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,891.27 (2026)
Parking-5 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker WIN Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mount Forest
Title-Residential Freehold

No agent assigned

Looking for an affordable and updated home? This 4 bedroom, 2 bathroom bungalow is move-in ready. The interior was extensively remodeled in 2021, including the kitchen, main floor bath, flooring, furnace, A/C, water softener and hot water heater. The renovated kitchen sits at the center of the home and flows nicely into both the living room and dining room. The living room opens onto a large rear deck and an incredibly private backyard. There are two bedrooms and a 4-piece bathroom located on the main floor. The basement is finished with a rec room, two additional bedrooms, and a 2-piece bathroom. Out back the detached single car garage adds to the appeal. The house roof was replaced in 2021 and the garage roof in 2026. Conveniently there is no neighbour on one side, just open green space with a splash pad, walking track, sports fields and the community garden. Your kids can play, your dog can walk, and you never have to leave the neighbourhood to do it. Come see it for yourself!

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Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$2,794/mo
Mortgage $2,178
Monthly Loss $2,221
Principal$573
Interest$1,605
Property Tax$241
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 314 Wellington Street E

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