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Investment signal

$699,900

130 FORFAR STREET E

Beds

3

Baths

2

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Bungalow with legal accessory apartment! Ideally located on the north side of Fergus, within walking distance to parks, the Cataract Trail, schools, churches, shopping, Historic Downtown Fergus, and the scenic Grand River. Easy commute to KW, Guelph, Milton, and Hwy 401. Perfect for investors or first-time buyers. The main floor offers an open-concept living and dining area connected to a spacious kitchen with ample cabinetry and counter space. The generous primary bedroom features large windows and plenty of closet space. A versatile office or family room walks out to an expansive rear deck overlooking the fenced backyard. Separate side entrance leads to a fully finished lower level, legal accessory apartment. Excellent as a mortgage helper or in-law suite, complete with kitchen, large living area, 3-piece bath, and oversized bedroom with walk-in closet. Shared laundry and additional storage add to the home's functionality. A great opportunity to invest or offset living costs with rental income, book your private showing today! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Fergus
Common interest
Freehold
Lot dimensions
56.1 x 89.3 FT
Bedrooms
3 above grade
Parking
4 total
Stories
1
On market
Mar 20, 2026
Status changed
Apr 13, 2026
Annual tax
$3,830.26 (2026)
Zoning
R1B
Photos
39
MLS#
X12905072
Area
CENTRE_WELLINGTON_(FERGUS)

Features and systems

Parking

No Garage

Basement

FinishedFullApartment in basementSeparate entranceWalk-upN/AN/AN/AN/A

Appliances

Water softener

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Block

Community

Community Centre
Negative cash flow ~$1,386/mo at these assumptions

Cash on cash

-11.88%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,959

Financing

Down payment$139,980
Loan amount$559,920
Mortgage$3,435/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321
Insurance$80
Maintenance$583
CapEx reserve$292
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Centre Wellington (Fergus). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,435/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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