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240 EGREMONT STREET N, Wellington North (Mount Forest) — listed at $620,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Here is an exciting opportunity to purchase this nearly half acre in town property that Is Zoned R2. There is a severance that is currently in process separating the existing house from the remainder of the property which will be finalized by closing. This would allow you to build on the severed lot and live in the house while building or build on the lot and sell off the house. The possibilities are endless. The Medium-Density zoning Allows many different options such as a Duplex, Triplex, or Fourplex. Buyer/Buyer's Agent Must Do Their Own Due Diligence To Confirm What Can Be Built. This price includes both the newly severed lot and the existing house. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.56 x 4.24 meters |
| Kitchen | Main level | 4.55 x 3.82 meters |
| Dining room | Main level | 3.01 x 2.28 meters |
| Bedroom | Main level | 3.78 x 2.53 meters |
| Mud room | Main level | 1.2 x 1.18 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,419, heating is baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Who is 240 EGREMONT STREET N best suited for?+
With 1 bedroom and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
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.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 2 spaces — No Garage.
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