135 Elgin Street N

Mount Forest, Wellington North · MLS® X13884702

415

House · Single Family · 14 days on market

listed by KEVIN THOMPSON, RE/MAX PRIME PROPERTIES - UNIQUE GROUP

realtor's description

OPPORTUNITY FOR ANYONE LOOKING FOR THEIR NEXT PROJECT! LOCATED IN MOUNT FOREST, THIS PROPERTY OFFERS A GENEROUS 46.53' X 234' LOT WITH MATURE TREES, A DETACHED GARAGE AND ADDITIONAL OUTBUILDINGS. THE EXISTING 2 STOREY, 4 BEDROOM HOME HAS BEEN VACANT FOR SEVERAL YEARS AND IS IN SIGNIFICANT DISREPAIR, REQUIRING EXTENSIVE CLEANUP, REPAIRS AND RESTORATION. WHETHER CONSIDERING A MAJOR RENOVATION OR EXPLORING REDEVELOPMENT POSSIBILITIES, THE PROPERTY OFFERS AN OPPORTUNITY FOR THOSE PREPARED TO TAKE ON A SUBSTANTIAL PROJECT. HYDRO AND WATER SERVICES ARE CURRENTLY DISCONNECTED. THIS IS AN ESTATE SALE AND THE PROPERTY IS BEING SOLD STRICTLY "AS IS, WHERE IS", WITH NO REPRESENTATIONS OR WARRANTIES REGARDING ITS CONDITION.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 1
parking: 5
property tax: $2,448 / yr
days on market: 14
MLS®: X13884702

monthly cost

$1,511/mo

Mortgage $1,307 · Tax $204

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,307/ monthly

loan $239,920

25-year amortization

down payment20% · $59,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $152,071
cash to close: $59,980; down payment; transfer tax and fees not included
total paid: $391,991

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.