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Investment signal

$799,900

568 BLACK Street

Save this home

Beds

2

Baths

1

Sqft

Year

1970

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Welcome to this inviting 2-bedroom, 1-bathroom detached home nestled on a generous 1.7-acre wooded lot with a serene pond, offering privacy and natural beauty just minutes from downtown Fergus. Surrounded by mature trees and peaceful outdoor space, this property provides a true retreat without sacrificing convenience. Inside, the cozy, cottage-inspired living areas are filled with natural light and offer comfortable spaces to relax and enjoy the views. The thoughtful layout creates a welcoming home environment that complements the tranquil setting. Perfect lifestyle property with endless opportunity to be creative and make it your own. Located in a community with excellent schools, extensive trails, and nearby amenities, this property delivers small-town charm and accessibility to everyday conveniences. Fergus is known for its scenic landscapes, community events, and vibrant downtown with shops, dining, and local culture. This unique offering is ideal for those seeking a peaceful full-time residence, weekend getaway, or investment opportunity - a rare find in a serene, nature-filled setting. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
53 - Fergus
Common interest
Freehold
Living area
1,090 square feet
Bedrooms
2 above grade, 0 below grade
Parking
12 total
Stories
1
On market
Apr 23, 2026
Status changed
Apr 25, 2026
Annual tax
$2,908.48
Zoning
EP
Photos
43
MLS#
40823633
Area
FERGUS

Features and systems

Basement

None

Heating

Heat Pump

Cooling

Wall unit

Exterior

Brick

Lot

Conservation/green belt

Community

School BusCommunity Centre

View

Direct Water View
Negative cash flow ~$889/mo at these assumptions

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980
Loan amount$639,920
Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367
Insurance$80
Maintenance$667
CapEx reserve$333
Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $3,242/mo at 4.5% with 20% down, 30-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 25, 2026.

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