516 FIFTH STREET N, Centre Wellington (Belwood)

$649,900

For sale: Detached

Detached at 516 FIFTH STREET N, Centre Wellington (Belwood)
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,500 sqft
MLS®
MLS® X13114974
Neighbourhood
Belwood

Experience the best of Lake Belwood cottage life with this stunning four-season waterfront retreat, just 1 hour from the GTA and minutes from Fergus, Elora, Guelph, Kitchener-Waterloo, and Hwy 401. Buy early and be settled in before summer arrives, so you can enjoy every warm-weather moment on the lake. This fully winterized cottage offers a turnkey alternative to Ontario's more distant cottage destinations. Belwood Lake offers calm waters, scenic shoreline, and year-round recreation, while nearby Fergus and Elora add small-town charm, dining, shopping, and a vibrant calendar of festivals, concerts, and community events. Spend your days boating, paddling, swimming, or simply relaxing by the water, with cottage-country tranquility at your doorstep. Inside, a bright open-concept living area features vaulted ceilings, whitewashed pine walls, exposed wood beam accents, luxury vinyl plank flooring, and large windows framing peaceful lake views. The Pacific Energy wood stove adds classic cottage warmth, while the updated kitchen showcases white shaker cabinetry, butcher block countertops, stainless steel appliances, and a stylish tile backsplash. Two comfortable bedrooms, a 3-piece bathroom with heated floor, and a 2023 heat pump/air conditioner complete the interior. Outside, an expansive deck with metal-roof gazebo and privacy curtains is ideal for entertaining. The slightly sloped lot provides direct waterfront access and a private dock. A detached 3-season 380 sq ft bunkie offers flexible guest space, along with a second deck, two 10x10 storage sheds, and ample parking. Walking distance to Belwood village, a restaurant, public boat launch, and the beloved Belwood Country Market - home of Wellington County's finest butter tarts. Get in before summer and spend the season making memories on the water. Discover the ultimate four-season retreat: a stunning lakeside property nestled within the Belwood Lake cottage community. An Annual Land lease of $3237 through GRCA.

Sold data

Detached homes in Centre Wellington (Belwood) — recent sold market

Detached homes in Centre Wellington (Belwood) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 55, across 95 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 47 days.

The median sale price was $874,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$874,900
Sale-to-list ratio
97.1%
Sold above asking
12%

Based on 95 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 516 FIFTH STREET N