130 ST DAVID Street South

Centre Wellington, ONTownhouse
$749,000
MLS® X13088558
Townhouse2 beds2 baths0 total
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About This Property

Step into a rare creative and income-generating opportunity with this circa-1880, 3-storey semi-duplex in the heart of downtown Fergus Ontario. Rich in character and layered with history, this property offers the kind of authentic architectural canvas artists crave-paired with the fundamentals investors value.Overlooking the Grand River, the setting is as inspiring as it is desirable. Inside, exposed stone walls, high ceilings, and oversized windows create a light-filled, studio-like atmosphere full of texture and warmth. The main and lower levels-fully renovated in 2022-currently operate as a successful Airbnb, providing immediate income with strong guest appeal.The main level blends craftsmanship and nostalgia, featuring a character-rich kitchen with custom cherry wood cabinetry and vintage-style appliances, plus open living and dining areas ideal for entertaining or creative work. The lower level offers a spacious bedroom and flexible storage, perfect for a studio or extended-stay use.Upstairs, the second and third floors form a separate tenanted unit with a retro-modern aesthetic. This inviting space includes a cozy living room, charming kitchen, and sunlit breakfast area. The third-floor primary suite is a standout, with a large skylight and walk-out to a private rooftop-style terrace-an ideal retreat for relaxing or hosting.For artists, this is a live/work space full of soul and inspiration. For investors, it's a proven dual-income property with flexibility and upside. A durable metal roof, updated furnace, and thoughtful renovations mean key upgrades are already complete.A truly unique offering where heritage charm meets creative potential and strong returns. Tenant pays $1425 a month plus all utilities except water. AirBnb income approx $28,000 a year. (id:63604)

Key Facts

Type
Townhouse
Beds
2
Baths
2
Size
1,100 sqft
Lot
22 x 33 Acre
Parking
0 total
Property Details 15 details
Bedrooms
2 bedrooms
1 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
0 parking spaces
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Freehold · Attached
Property subtype
Single Family
Structure type
Row / Townhouse
Ownership
Freehold
Attached status
Attached
Storeys
2
Basement
Separate entrance, Walk-up
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
22 x 33 Acre
Taxes
$3,679.56
Zoning
Comm/Res
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

StoneVinyl siding
Rooms 8 rooms
Level
Room
Dimensions
Main level
Dining room
2.58 m x 2.12 m
Main level
Kitchen
1.85 m x 2.58 m
Main level
Living room
2.58 m x 5.15 m
Second level
Eating area
3.77 m x 2.15 m
Second level
Living room
3.77 m x 2.74 m
Second level
Kitchen
2.61 m x 4.36 m
Third level
Primary Bedroom
3.91 m x 6.81 m
Basement
Bedroom
3.68 m x 5.16 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$749,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Fergus
City
Centre Wellington
Postal code
N1M 2L3
Nearby
Cross Streets: St Andrew St. ** Directions: St Andrew Street & St David Street South.