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118 PRESTON Street S Unit# 104, Arthur — listed at $259,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Looking to break into home ownership or expand your investment portfolio? This bright and well-maintained 1-bedroom, 1-bath condo offers an excellent opportunity in a quiet area of Arthur. Featuring new flooring and a clean, neutral interior, this unit is move-in ready and easy to maintain. The functional kitchen comes equipped with quality refrigerator and stove appliances included, making your transition seamless whether you’re purchasing for yourself or a tenant. The comfortable bedroom with large walk in closet provides a relaxing retreat, while the open living space offers flexibility for everyday living or entertaining. With low-maintenance condo living, you can spend less time on upkeep and more time enjoying your surroundings. Ideally located just a short drive to Fergus, Guelph, and Waterloo, this property offers small-town charm with convenient access to larger centres. Whether you’re a first-time buyer, downsizer, or investor, this affordable opportunity is one you won’t want to miss. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 10'11'' x 12'0'' |
| Dining room | Main level | 10'1'' x 10'11'' |
| Kitchen | Main level | 4'11'' x 11'7'' |
| Living room | Main level | 10'11'' x 12'9'' |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes 15 spaces — Open.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $993.6, a condo/maintenance fee of $430.3/mo, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What do the condo/maintenance fees cover?+
The $430.3/mo fee covers: Landscaping, Heat, Electricity, Water, Insurance, Parking.
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