130 St David Street S, Centre Wellington, ON N1M 2L3

$749,000
2
BD
2
BA
1,100
SqFt

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List Price
$749,000
MLS#
X14136458
Status
ACTIVE
Type
Condo
SubType
Att/Row/Townhouse
Style
2-Storey
Bedrooms
2
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
Centre Wellington
Area
Wellington
Neighborhood
Fergus
Subdivision
St Andrew Street & St David Street South

Property Description

Step into a rare creative and income-generating opportunity with this circa-1880, 3-storey semi-duplex in the heart of downtown Fergus Ontario. Rich in character and layered with history, this property offers the kind of authentic architectural canvas artists crave-paired with the fundamentals investors value.Overlooking the Grand River, the setting is as inspiring as it is desirable. Inside, exposed stone walls, high ceilings, and oversized windows create a light-filled, studio-like atmosphere full of texture and warmth. The main and lower levels-fully renovated in 2022-currently operate as a successful Airbnb, providing immediate income with strong guest appeal.The main level blends craftsmanship and nostalgia, featuring a character-rich kitchen with custom cherry wood cabinetry and vintage-style appliances, plus open living and dining areas ideal for entertaining or creative work. The lower level offers a spacious bedroom and flexible storage, perfect for a studio or extended-stay use.Upstairs, the second and third floors form a separate tenanted unit with a retro-modern aesthetic. This inviting space includes a cozy living room, charming kitchen, and sunlit breakfast area. The third-floor primary suite is a standout, with a large skylight and walk-out to a private rooftop-style terrace-an ideal retreat for relaxing or hosting.For artists, this is a live/work space full of soul and inspiration. For investors, it's a proven dual-income property with flexibility and upside. A durable metal roof, updated furnace, and thoughtful renovations mean key upgrades are already complete.A truly unique offering where heritage charm meets creative potential and strong returns. Tenant pays $1425 a month plus all utilities except water. AirBnb income approx $28,000 a year.

Additional Information

Taxes
$3,679
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Stone, Vinyl Siding
Waterfront Type
None
Garage Type
None
Pool
None
Parking Type
Other

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Listing courtesy of RE/MAX EXPERTS.