240 EGREMONT STREET N, Wellington North (Mount Forest)

$620,000

For sale: Detached

Detached at 240 EGREMONT STREET N, Wellington North (Mount Forest)
Property type
Detached
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X13514646
Neighbourhood
Mount Forest

Here is an exciting opportunity to purchase this nearly half acre in town property that Is Zoned R2. There is a severance that is currently in process separating the existing house from the remainder of the property which will be finalized by closing. This would allow you to build on the severed lot and live in the house while building or build on the lot and sell off the house. The possibilities are endless. The Medium-Density zoning Allows many different options such as a Duplex, Triplex, or Fourplex. Buyer/Buyer's Agent Must Do Their Own Due Diligence To Confirm What Can Be Built. This price includes both the newly severed lot and the existing house.

Sold data

Homes in Mount Forest — recent sold market

Homes in Mount Forest took a median of 56 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 102, across 79 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 99 days.

The median sale price was $564,900.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
56
Median sale price
$564,900
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 79 recorded sales in the last 1 year — 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 240 EGREMONT STREET N