8961 Wellington Road 16
Rural Wellington North, Wellington North, N0G 2E0
FOR SALE
$969,900
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Property Description
3,072 Total Square Feet of Living Space - 25 Minutes to Fergus or Mount Forest, 45 Minutes to Guelph, Less than 1 hour to Kitchener / Waterloo, 30 Minutes to Orangeville or Shelburne, 1 hour to Brampton, 1.5 Hours to Barrie & Toronto! Built in 2016, this 3+1 bedroom, 3 bathroom raised bungalow is ready for it's new owner! You can peacefully enjoy the privacy that country living has to offer with no building allowed to the one side. Open concept kitchen, dining & living room area with plenty of natural light. Kitchen offers plenty of counter and cupboard space, center island and handy pantry area. Primary bedroom has a view of the backyard, walk-in closet and 3 piece ensuite. 2 other good sized bedrooms and laundry room area complete the main level of the home. Walk-out to large back deck area off the laundry room. Garage offers access to the home as well as access to the backyard. Lower Level offers 9' ceilings and plenty of natural light through the large windows - being a raised bungalow you do not feel like you are in a basement! Additional bedroom and washroom area completed on the lower level with the rest of the lower level studded and ready for your finishing touches (room for a large recreation room, additional bedroom and plenty of storage space).... That's right.... Storage Storage Storage - this home offers plenty of storage between all the closets, cupboards, lower level storage rooms, garage, coverall in the backyard... Hop on your ATV and ride over to or walk over to the Damascus Lake for a nice picnic with a view of the water or for some fishing (ATV not included). Luthers Marsh Wildlife Area near by offering plenty of walking trails for you to explore!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-02 | 2025-01-20 | 49 | $979,900 | - | Terminated |
| 2024-09-09 | 2024-11-30 | 82 | $979,900 | - | Expired |
| 2024-07-19 | 2024-09-08 | 51 | $979,900 | - | Terminated |
Property Features
Lake/Pond
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
110' x 200'
Fronting
East
Taxes
$4,395 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Abv Grnd
Parking Spaces
8
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.39' x 18.21' | O/Looks Backyard, Centre Island, Pantry |
| Living | Main | 20.01' x 13.09' | O/Looks Frontyard, Pot Lights, Fireplace |
| Prim Bdrm | Main | 10.10' x 13.12' | 3 Pc Ensuite, W/I Closet, O/Looks Backyard |
| 2nd Br | Main | 11.61' x 12.40' | Closet, O/Looks Frontyard |
| 3rd Br | Main | 9.81' x 12.40' | Closet, O/Looks Frontyard |
| 4th Br | Lower | 13.81' x 12.89' | Large Window |
| Bathroom | Lower | 8.79' x 12.89' | 3 Pc Bath |
| Rec | Lower | 41.01' x 12.11' | Large Window |
| Other | Lower | 11.61' x 13.19' | |
| Other | Lower | 12.20' x 13.19' |
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Wellington North Market Statistics
Wellington North Price Trend
8961 Wellington Road 16 is a 3-bedroom 3-bathroom home listed for sale at $969,900, which is $415,525 (75.0%) higher than the average sold price of $554,375 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Wellington North increased by $114,375 (26.0%) compared to the previous 30 day period (December 22 - January 20) and up $120,925 (27.9%) from the same time one year ago.Inventory Change
There were 4 3-bedroom homes listed in Wellington North over the last 30 days (January 21 - February 19), which is down 60.0% compared with the previous 30 day period (December 22 - January 20) and down 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Wellington North typically sold ($19,124) (3.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $15,876 increase compared to the previous 30 day period (December 22 - January 20) and ($3,950) less 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 (January 21 - February 19) stood at 100.0%, up from 10.0% over the previous 30 days (December 22 - January 20) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Wellington North stood at 37 days when successfully sold over the last 30 days (January 21 - February 19), compared to 269 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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