99B Farley Road 304, Centre Wellington

$599,000
99B Farley Road 304

$599,000

New
18d
Condo ApartmentApartment

99B Farley Road 304, Centre Wellington

Total Monthly Obligation $3,634

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
18d
Score
18
Yield
5.7%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-X13862248
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,312 (2026)
Maintenance-$575/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-TBD
Neighbourhood-Fergus
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional 2-bedroom, 2-bathroom luxury condo, where contemporary elegance meets everyday comfort in one of the region's most desirable and convenient locations. Thoughtfully designed with a bright, open-concept layout, this beautifully appointed residence showcases spacious living and dining areas, a gourmet kitchen featuring stainless steel appliances, a walk-in pantry, and abundant cabinetry, perfect for both everyday living and effortless entertaining. The luxurious primary suite offers a generous walk-in closet and a private ensuite, while the second bedroom and full bathroom provide ideal accommodations for family, guests, or a home office. Step outside to your private balcony with sleek glass railings, creating the perfect space to relax and enjoy the surroundings. Additional highlights include ensuite laundry, underground parking, and premium finishes throughout, making this truly move-in ready. Ideally situated with easy access to Kitchener, Waterloo, and Guelph, and just minutes from major highways, shopping, dining, parks, schools, and transit, this elegant residence presents an outstanding opportunity for professionals, first-time buyers, downsizers, and investors seeking a sophisticated, low-maintenance lifestyle without compromising on luxury or convenience.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,634/mo
Mortgage $2,416
Monthly Loss $2,998
Principal$636
Interest$1,780
Property Tax$443
Condo Fees$575
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,368/yr
NOI
$16,319/yr
Net Cash Flow
-$1,056/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.4/ 100

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

Comparables

Properties near 99B Farley Road 304

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.