152-168 ST ANDREW STREET W, Centre Wellington (Fergus)
$1,799,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13660952
- Neighbourhood
- Fergus
Prime Downtown Fergus Investment & Development Opportunity - 152-168 St. Andrew Street W, Fergus Exceptional opportunity to own a landmark mixed-use commercial property in the heart of historic Downtown Fergus. This prominent investment property features a strong lineup of established retail and food-service tenants, providing excellent exposure, consistent foot traffic, and reliable income in one of Centre Wellington's most desirable commercial districts. Current tenants include String Theory, Upholstery, Butcher Shop, La Boutique, and Underground Roti Kitchen, offering a diverse mix of successful local businesses that serve both residents and visitors year-round. Beyond its current income, this property presents an outstanding future redevelopment opportunity, with potential for a mixed-use residential and commercial development, subject to municipal approvals. Investors and developers can capitalize on Fergus's continued population growth, increasing housing demand, and the municipality's vision for a vibrant downtown core. Ideally located within walking distance of shops, restaurants, parks, the Grand River, and community amenities, this rare offering combines stable rental income today with exceptional long-term redevelopment potential-making it an outstanding addition to any investment portfolio.
Sold data
Homes in Centre Wellington (Fergus) — recent sold market
Homes in Centre Wellington (Fergus) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 64, across 150 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $771,250.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 35
- Median sale price
- $771,250
- Sale-to-list ratio
- 97.3%
- Sold above asking
- 10%
Based on 150 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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