478 St Andrew Street E 306, Centre Wellington

$675,000
478 St Andrew Street E 306

$675,000

New
15d
Condo Apartment2-Storey

478 St Andrew Street E 306, Centre Wellington

Total Monthly Obligation $4,757

Beds
2
Baths
3
Park
2
Sqft
1400-1599
DOM
15d
Score
16
Yield
6.3%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-X13876426
Beds-2
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$5,105.43 (2026)
Maintenance-$1,409/mo
Locker-Owned
Parking-2 - Detached
Basement-None
Heating-Forced Air (Gas)
Brokerage-Coldwell Banker Neumann Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Stone
Roof-Metal
Foundation-Poured Concrete, Stone
Possession-Flex
Neighbourhood-Fergus
Title-Residential Condo & Other

No agent assigned

Experience the charm of exposed stone walls, dramatic wood beams, soaring ceilings, and panoramic riverviews in one of Fergus's most distinctive penthouse residences.This exceptional suite offers unobstructedviews of the Grand River. Elevated above it all, this architecturally distinctive home seamlessly blendscharacter, comfort, and sophistication in a truly unique setting.The main floor boasts an open-conceptdesign, with the kitchen flowing effortlessly into the dining and living areas. The living room is highlightedby European-style casement windows that frame stunning river views while providing exceptional naturallight and ventilation.The main level features two spacious bedrooms, including a serene primary retreatwith picturesque river views and a luxurious five-piece ensuite. The second bedroom is generously sizedand offers ample closet space.A versatile den, complete with a skylight, large closet, and built-in Murphybed, provides the flexibility to serve as a guest room, home office, or additional living space.Upstairs, theloft offers a striking blend of function and character, featuring oversized windows, custom floor-to-ceilingbookcases, a discreetly tucked-away powder room, and the added convenience of a chairlift. From here,step out onto the private rooftop patio and enjoy panoramic views and exceptional outdoor living above theriver.Additional features include in-suite laundry, abundant storage throughout, a large lower-level storagelocker, and the rare convenience of a private two-car garage.Refined yet inviting, elevated yet comfortable,this one-of-a-kind penthouse presents a rare opportunity to experience luxury riverside living in the heartof Fergus.

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

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$4,757/mo
Mortgage $2,723
Monthly Loss $4,041
Principal$716
Interest$2,006
Property Tax$425
Condo Fees$1,409
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.8%13
10-Year IRR
7.7%
Returns Index
7.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$42,360/yr
NOI
$13,711/yr
Net Cash Flow
-$1,580/mo
Cash Margin
-44.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.7/ 100

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

Comparables

Properties near 478 St Andrew Street E 306

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