For Sale - 475 FORFAR Street, Centre Wellington, Ontario

Est payment $3,788/mo
Views   1
Time on Jump  38 day
  • Two self-contained units with separate hydro meters for rental income.
  • Previously earning $4,900/month, great for offsetting mortgage costs.
  • Bright upper unit with 3 bedrooms, large windows, and skylights.
  • Lower unit features modern kitchen, spa bathroom, and independent entrance.
  • Premium location near Elora Trail and Forfar Park with ample parking.



2 self-contained units, separate hydro meters, the potential for strong rental income. Previously generating $2,800/month for the upper unit & $2,100/month for the lower unit. Whether you're looking to offset your mortgage, accommodate multi-generational living or just make $4,900 per month! Situated on a 50' x 130' lot with no sidewalk, this property enjoys a premium location facing a tranquil tree-lined and backing directly onto the elora trail & forfar park. The bright and spacious upper unit features 3 bedrooms and 1 full bathroom, complemented by large windows and skylights that fill the home with natural light. The expansive kitchen offers abundant counter space, newer appliances, in-suite laundry, and convenient access to the fully insulated garage. Step outside to the walkout deck overlooking the private backyard-perfect for relaxing or entertaining. The professionally finished lower level has been converted into a separate self-contained unit with its own walkout entrance to the backyard. Designed with comfort and style in mind, it features oversized windows, a full-size kitchen with stone countertops and a modern backsplash, a spa-inspired bathroom, & a spacious bedroom large enough to accommodate a king-size bed. Baseboard heating provides independent temperature control for added comfort during the winter months. Additional features include no carpet throughout, ample driveway parking, & the option to divide the backyard into separate outdoor spaces for each unit. For buyers seeking a single-family layout, the home can easily be converted back by removing one interior wall, allowing access between the upper and lower levels. An outstanding investment opportunity with proven rental history, previously generating $2,100/month for the lower unit.
Listing IDX13851480
Address475 FORFAR Street
CityCentre Wellington, Ontario
Price$788,800
Bed / Bath4 / 2 Full
Style2-Storey, Detached
ConstructionVinyl Siding, Brick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Central VacuumAmenities Fenced YardOwnership FreeholdWaterfront NoneBasement Separate Entrance, Partially FinishedFoundation Poured ConcreteHeating / Cooling BaseboardHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Brokerage: CENTURY 21 RED STAR REALTY INC.

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475 Forfar Street
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