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Unit 314 at Pierpoint Place

Sold

245 Scotland Street 314, Centre Wellington, ON N1M 0B5

MLS #X8360358

$520,000

Sold on July 24, 2024

July 24, 2024

Originally listed at $525,000 29 days on market

About This Property

Welcome to Pierpoint Place conveniently located within walking distance to the Grand River, historic Fergus's restaurants, pubs, and shops. This stylish one-bedroom plus den condo offers the perfect blend of space and functionality for modern living. Step inside to the foyer and den; a versatile space ideal for a home office, cozy reading nook or guest space. The well-appointed kitchen boasts sleek countertops, modern appliances, and ample cabinetry for all your cooking needs and overlooks the living and dining area bathed in natural light, thanks to a large window. Enjoy your morning coffee or evening sunsets from the balcony overlooking a private park. A large primary bedroom is a tranquil retreat, featuring a generous closet and ensuite privileges. Enjoy the convenience of in-suite laundry, and take advantage of the building's amenities such as a party room, fitness center and rooftop terrace.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($450/mo) and property tax ($2,957/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$553/sqft
Fergus
$299/sqft+85%
Centre Wellington
$550/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 950 sqft.

Property Details

Bedrooms

1

Bathrooms

1

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeReserved/Assigned
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryYes
Corp #TSCC-199
MLS Size900-999
Listed OnMay 20, 2024
Maintenance Fees$450/month
Property Tax$2,957/year

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Unit 314 History

Complete transaction history for this unit

Sold

Sold: Jul 24, 2024

$520,000

-$5,000 (-1.0%)

Listed: $525,00029 days on marketSale
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Transaction History Available

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Price History

Original List Price

$525,000

Listed on May 20, 2024

Sold Price

$520,000

Sold on Jul 24, 2024

-$5,000

-1.0%

29 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePierpoint Place
Address245 Scotland Street, Centre Wellington
Parking TypeReserved/AssignedSurface

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About Unit 314 at Pierpoint Place

Unit 314 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 900-999 square feet located at Pierpoint Place, 245 Scotland Street, Centre Wellington. This unit is currently sold (sold for $520K).

About Pierpoint Place

Pierpoint Place is located at 245 Scotland Street, Centre Wellington. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Fergus Neighbourhood

This unit is located in Fergus, part of Centre Wellington in the Wellington area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Pierpoint Place, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 314 Pierpoint Place Centre Wellington

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