565 Waterloo St

FOR SALE
$510,000
565 Waterloo St, Wellington North
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
565 Waterloo St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
3
ROOMS
X10406302
MLSID
Contact Us
Property Description
ATTENTION Priced to sell! At only $510,000. This property is perfect for first time home buyers, investors or down sizers. Don't miss out on this fantastic bungalow that is full of potential. This home offers a large eat in kitchen that merges into a spacious living room furnishing a beautiful bay window. The bay window offers the perfect view to the mature family friendly neighbourhood. This home features three bedrooms, two baths, laundry room and a new gas furnace with a transferable warranty to the lucky new owner. All appliances inclusive (AS IS). Plenty of outdoor storage and a finished walkout basement. The basement walkout welcomes you to a fully fenced backyard that boasts mature trees, gardens, interlocking patio and a natural flagstone fire pit. The backyard is perfect for young ones and pets. Located in the charming community of Mount Forest close to community center, river, streams, playground, sports fields, ball diamond and skate park. Mount Forest is situated in Wellington County, Ontario, Canada. Nestled at the junction of Highways 6 and 89, it serves as a gateway to the picturesque landscapes of southwestern Ontario. Known for its friendly atmosphere and rich history, Mount Forest offers a blend of small-town charm with modern conveniences. The town is home to a variety of local shops, restaurants, and community events, making it a vibrant place for residents and visitors alike. One of it's most notable events is the Mount Forest Fireworks Festival, which draws crowds every summer with its spectacular displays and family-friendly activities. With its welcoming community spirit and scenic surroundings, Mount Forest is a delightful destination for anyone seeking a taste of rural Ontario life.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-02-09 2022-02-14 5 $575,000 $630,000 Sold
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 120'
Fronting
North
Taxes
$2,509 (2023)
Basement
Fin W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain13.16' x 14.67'B/I Appliances, Tile Floor, Ceiling Fan
LivingMain16.24' x 12.01'Laminate, Bay Window
BrMain10.17' x 14.50'Broadloom, Ceiling Fan
2nd BrMain10.07' x 11.84'Broadloom, Ceiling Fan
3rd BrMain10.17' x 9.84'
RecBsmt25.82' x 14.93'Laminate, Walk-Out
LaundryBsmt6.17' x 12.07'
UtilityBsmt20.57' x 9.15'
WorkshopBsmt12.01' x 14.50'
Wellington North Market Statistics
Wellington North Price Trend
565 Waterloo St is a 3-bedroom 2-bathroom home listed for sale at $510,000, which is $188,587 (27.0%) lower than the average sold price of $698,587 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 3 bedroom home in Wellington North declined by $64,213 (8.4%) compared to the previous 30 day period (September 14 - October 13) and up $18,699 (2.8%) from the same time one year ago.
Inventory Change
There were 3 3-bedroom homes listed in Wellington North over the last 30 days (October 14 - November 12), which is down 66.7% compared with the previous 30 day period (September 14 - October 13) and down 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Wellington North typically sold ($14,712) (2.1%) below asking price over the last 30 days (October 14 - November 12), which represents a $35,668 increase compared to the previous 30 day period (September 14 - October 13) and ($20,566) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Wellington North over the last 30 days (October 14 - November 12) stood at 100.0%, up from 55.6% over the previous 30 days (September 14 - October 13) and down from 180.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Wellington North stood at 56 days when successfully sold over the last 30 days (October 14 - November 12), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Rcr Realty
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