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.
Welcome to 497 Forfar Street East, a well-cared-for raised bungalow offering a total of 2,113 sq ft of flexible living space, thoughtful updates and a mature corner setting in Fergus. The main level offers approximately 1,096 sq. ft. with three bedrooms and a bright, comfortable layout. An updated kitchen and bathroom, hardwood flooring and fresh paint give the home a welcoming, move-in-ready feel while still leaving opportunities for a new owner to make it their own. What really sets this home apart is the versatility of the lower level. Fully above grade kitchen with direct access to back yard, engineered flooring, additional bedroom and bathroom, this space is ideally suited to extended family, multigenerational living, older children or simply creating more room for everyday life. Outside, the mature corner lot offers established landscaping and a sense of privacy that can be difficult to replicate in newer neighbourhoods. The park behind and access the the Elora/Cataract trail are a bonus. An attached single-car garage, driveway parking for approximately four vehicles and a storage shed add everyday convenience. With three bedrooms on the main level, flexible lower-level living space, an attached garage and a mature setting, 497 Forfar Street East offers a combination of features that can appeal to buyers looking for both comfortable everyday living and room to adapt as their needs change. A wonderful opportunity to make your next move in Fergus.
Property Details
Listing
MLS® number
X13855238
Status
For Sale
Listed
Oct 1, 2026
Last updated
Oct 28, 2026
Possession
Immediate
Building
Type
Detached
Style
Bungalow-Raised
Approx. age
31-50
Approx. size
1,100–1,500 ft²
Basement
Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Lot
Frontage
51.00 ft
Depth
130.00 ft
Lot area
≈ 6,630 ft² (calculated)
View
North
Community
Fergus
Parking & utilities
Garage
Attached, Garage, 1 space
Driveway
Private Double, 4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,069 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
Keller Williams Home Group Realty
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 1
Kitchens: 1 above grade · 1 below grade
Basement: Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Heating: Forced Air
Cooling: Central Air
Exterior
Waterfront features: None
Pool features: None
Property features: Hospital, School, Rec./Commun.Centre, Park, Library, Place Of Worship
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$3,238/mo
Mortgage (principal + interest)$2,899
Property taxFrom listing: $4,069/yr$339
Minimum $52,500 down for this price; the slider moves in whole percent, starting at 7%. 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$155,000
Ontario land transfer taxProvincial brackets, no first-time refund$11,975
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$169,775
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.
