The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Bring the family and live by the Lake! Welcome to 12 Second Ave: your permanent stay-cation, where every day can feel like a holiday! Located on one of the best streets in the park, Second Ave is in the sought-after year-round, FAMILY section, on a huge 50x100 fully fenced lot (perfect for kids and furry friends). This home features over 1200 sq ft of space, ready for your family to start making memories. The layout offers plenty of options for any age range or lifestyle, featuring 2-plus bedrooms (currently set up as 3), one full 3pc bath and a handy additional 2pc for added convenience, open concept eat-in kitchen and living room with (new) large Bay window overlooking greenspace across the street. Recent years have seen many updates, including new front addition, all new plumbing, new windows and front door, 2pc bath, bedroom carpet, new furnace in 2019 and the entire underside spray-foam insulated in 2017. The park itself is consistently rated one of the best in Ontario, featuring two Rec Centers, hosting a variety of activities year-round (Dances, Darts, Shuffle Board, Pickle Ball etc). as well as an indoor salt-water swimming pool and hot tub. Outside, there is an additional outdoor swimming pool, playground, baseball diamond and sports field, trails, playground, horseshoe pits, dog park, and even seasonal take-out restaurant. All of this is aset on the shores of beautiful Belwood Lake, and members have access to boat launch, beach and docks. Only a few minutes from the village of Belwood, short drive to historic town of Fergus, and easy commute to Guelph, KW, GTA. This beautiful community even has school-bus pick-up, offering an affordable alternative opportunity for family home ownership. LOW fees; taxes only $457 a YEAR, monthly lot fee $372 is cheaper than most condos! Come and see why so many people choose to call this this popular community home!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,571/mo
Mortgage (principal + interest)$1,533
Property taxFrom listing: $456/yr$38
Minimum $20,495 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$81,980
Ontario land transfer taxProvincial brackets, no first-time refund$4,673
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$89,453
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Centre Wellington has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
