360 Queen Street E 2C, Centre Wellington

$539,900
360 Queen Street E 2C

$539,900

New
16d
Condo Apartment2-Storey

360 Queen Street E 2C, Centre Wellington

Total Monthly Obligation $3,061

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
16d
Score
30
Yield
7.8%
Cash on Cash
6.3%
Cap Rate
5.9%
5Y IRR
20.6%
10Y IRR
18.8%
Property Type-Condo Apartment
MLS® Number-X13874104
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-0-5
Taxes-$3,353 (2025)
Maintenance-$403.94/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Century 21 Excalibur Realty Inc
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Metal
Foundation-Concrete Block
Possession-Immediate
Neighbourhood-Fergus
Title-Residential Condo & Other

No agent assigned

Welcome to 360 Queen Street, Unit 2C - a rare 3 bed and spacious 1,549 sq. ft. condo built in 2022, offering modern, low-maintenance living with an impressive amount of space. The bright open-concept living area brings together the kitchen, dining, and living room, creating a comfortable space for everyday living and entertaining. The modern kitchen features quartz countertops and plenty of workspace, while two large balconies, including one covered, extend your living space outdoors. There is room for family, guests, or a home office. The generous primary bedroom features a large walk-in closet and plenty of room to unwind. Additional conveniences include in-suite laundry, an owned water heater and water softener, and an efficient heat pump air conditioning. Built in 2022 and ready to simply move in and enjoy, all within easy reach of shopping, everyday amenities, the Grand River, and its extensive trail network.

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

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$3,061/mo
Mortgage $2,178
Monthly Loss $2,488
Principal$573
Interest$1,605
Property Tax$279
Condo Fees$404
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.1%38
Cash-on-Cash
1.0%10
5-Year IRR
16.6%80
10-Year IRR
15.9%
Returns Index
43.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$42,120/yr
NOI
$27,308/yr
Net Cash Flow
$98/mo
Cash Margin
2.8%8
Cash Flow Index
8.0/ 100
Risk Profile
Weight: 20%
DSCR
1.0431
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
33.5/ 100

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

Comparables

Properties near 360 Queen Street E 2C

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.