940 St David Street N 51, Centre Wellington

$449,500
940 St David Street N 51

$449,500

New
21d
Condo Townhouse2-Storey

940 St David Street N 51, Centre Wellington

Total Monthly Obligation $2,242

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
21d
Score
23
Yield
5.4%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.4%
Property Type-Condo Townhouse
MLS® Number-X13855680
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Maintenance-$229/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Flat
Foundation-Concrete
Possession-Flexible
Neighbourhood-Fergus
Title-Residential Condo & Other

No agent assigned

Welcome to this brand new 2 bedroom, 2 bathroom upper unit stacked townhouse in Fergus, offering low-maintenance living in a convenient location. Step inside to find a bright, open-concept layout with quality finishes throughout. The contemporary kitchen is sure to impress, featuring quartz countertops, stainless steel appliances, and ample storage, making it a great space for everyday cooking and entertaining. With two bedrooms and two full bathrooms, there's room for everyone, whether you're a first-time buyer, downsizer, or investor. One parking spot is included. Enjoy everyday convenience with FreshCo, Walmart, and a variety of restaurants just minutes away, plus nearby trails for walking and exploring. You're only 5 minutes to downtown Fergus and 10 minutes to Elora, with their shops, dining, and riverside charm. Brand new, well located, and ready for its first owners to make it home.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,600
Land Transfer Taxes$5,465
Legal Fees (Est.)
$
Total cash required for closing$96,865

Total Monthly Obligation

$2,242/mo
Mortgage $1,813
Monthly Loss $1,765
Principal$477
Interest$1,336
Condo Fees$229
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.1%2
5-Year IRR
11.6%47
10-Year IRR
11.8%
Returns Index
24.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,432/yr
NOI
$16,841/yr
Net Cash Flow
-$410/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
34.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 940 St David Street N 51

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.