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$975,000Asking Price

470 Elora Street, Centre Wellington, ON N1M 1Y8

Fergus, Centre Wellington

Duplex
5
Bedrooms
3
Baths
4
Parking
Days on Market

Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Quality built duplexed home (single family dwelling with legal accessory apartment), with upper 3 bedroom unit and main level 2 bedroom unit. Designed so both units are above grade. Completely separate mechanicals and separately metered. Be sure to check out the floorplans. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Close to all amenities. Main level has been intentionally left vacant for prospective buyer to be able to move in immediately - or investor will be able to lease out at current market rent. Book your showing today.

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Tour this home:

Great opportunity here to live in one unit and have the other unit as a fantastic mortgage helper ! Perfect option for those wanting to downsize but don't want a condo. And the strong rental income will improve affordability for many home purchasers while building equity in home ownership. Quality built duplexed home (single family dwelling with legal accessory apartment), with upper 3 bedroom unit and main level 2 bedroom unit. Designed so both units are above grade. Completely separate mechanicals and separately metered. Be sure to check out the floorplans. Attached two car garage, one for each resident. Separately fenced backyards for each unit. Multi-unit homes like this do not come to market often. Investors will want to look at this one too. Close to all amenities. Main level has been intentionally left vacant for prospective buyer to be able to move in immediately - or investor will be able to lease out at current market rent. Book your showing today.

Key Info

  • 2-Storey Duplex
  • 4 Parking
  • Attached Garage
  • Elora St & Tower St S
  • 2500-3000 Approximate Sq Feet
  • 6-15 Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,990 in 2025
  • Possession: Flexible

Details

  • Vinyl Siding/Brick Exterior
  • No Fireplace
  • 2 Kitchens
  • Designation: Other
  •  
  • MLS #X12388768
  • Royal LePage Royal City Realty

Extras

Room Floor Dimensions Details
1 Kitchen Main 11.06' x 5.09'
2 Bathroom Main 10.56' x 7.97' 4-PieceBath
3 Laundry Main 11.06' x 5.09'
Washroom1 4-Piece Bathroom
Washroom2 5-Piece Bathrooms

Who lives here?

Fergus, Centre Wellington is a west GTA neighbourhood notable for its singles, renters, education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 9 and adults aged 25 to 54.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Centre Wellington  (1.0)

Singles

38% of residents are
single and loving it.

38% singles

Centre Wellington (36%)

Renters

24% of residents
are renters.

24% renters

Centre Wellington (18%)

Education

23% of residents are
university grads.

23% university grads

Centre Wellington (26%)

Income

Average Household Income

$107K

is the average household
income in the neighbourhood.

Centre Wellington  ($118K)

Professions

Professions

Sales 14%
Trades 11%
Business 9%
Government 9%
Management 6%

Immigrants

10% of residents were
born outside of Canada.

10% immigrants

Centre Wellington (10%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Netherlands 0.8%
USA 0.7%
India 0.6%
Philippines 0.4%

3.6% from UK
All-time

Birthplace - Recent

India was once home to 0.4% of immigrants.
UK 0.3%
Romania 0.2%
USA 0.1%
Philippines 0.1%

0.4% from India
Recent

Foreign Languages

Foreign Languages

German 1%
Dutch 1%
French 1%

Religions

Religions

Christian 70%