Open New Doors Real Estate
1 of 38
$749,000

130 St David Street S

Centre Wellington (Fergus), N1M2L3

2 bd2 baTownhouseListed 6 months ago

Listed by RE/MAX Experts · MLS® X13088558

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About this home

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.

Details

Storeys
2
Lot
22 x 33 Acre
Taxes
$3,680
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Separate entrance, Walk-up, N/A, N/A
Exterior
Stone, Vinyl siding
Water
Municipal water
Sewer
Sanitary sewer
Ownership
Freehold

Rooms

LevelRoomSize
Main levelDining room
Main levelKitchen
Main levelLiving room
Second levelEating area
Second levelLiving room
Second levelKitchen
Third levelPrimary Bedroom
BasementBedroom

Location

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