370 Foster Street

Wellington North, ON

4 bed • 1 bath • 1,400 sqft • Industrial • 338 days on market

$795,000Price reduced 6%

Rare opportunity to own a unique M1 multi-use property in a prime location just off Hwy 6 in Mount Forest! This is the perfect live-work solution, combining a charming, updated home with a high-powered industrial shop, all on a private, fully-fenced 0.254-acre lot. For the entrepreneur, tradesperson, or car enthusiast, the real magic lies at the rear of the property. Behind a secure gate and driveway, you'll find a car lover's dream: a 32' x 44' insulated and heated shop built to professional standards. Constructed by a previous owner as a full machinist's shop, this incredible space boasts 500-amp hydro service, a metal roof, and both overhead and man doors for easy access. This M1-zoned space is ready to bring your business to the next level or make your hobby dreams a reality. The cozy, two-bedroom, one-bathroom main floor residence offers comfortable living with modern updates including new windows and a durable metal roof. The partially finished basement allows you to double the home's square footage, with drywall already hung and a layout ready for your personal touches. Imagine a lovely new space with a laundry room, potential kitchenette, two additional bedrooms, a full bathroom, and tons of storage. Serviced by town water and sewer and has its own 100-amp hydro service for the home. Step outside and be greeted by your own private oasis. The beautifully landscaped and fully fenced yard is a true sanctuary, complete with mature trees, gardens, a clothesline, and a serene goldfish pond. Enjoy your morning coffee or evening drink on the front and rear decks, taking in the peaceful surroundings. Don't miss out on this one-of-a-kind property that perfectly blends residential comfort with industrial capability. It's more than a home; it's a launchpad for your future. Ready to grow your business or make your hobby dreams come true? This is your chance!

Listing Details

Taxes (2025): $2,376
Originally Listed: $850,000
Listed: September 19, 2025

Price History

Listing history

Property

Lot Size: 70 x 158 Feet

Location & Legal

Cross Street: Sligo Rd W, Durham St W
Zoning: M1
Parcel Number: 710690014
Possession: 30-59 days

Commercial

Occupancy: Owner
Office / Apartment Area: 960 Sq Ft

Included

Inclusions: Fridge, stove, microwave, dishwasher, front load washer and dryer, 8'x12' shed at back of lot
Exclusions: All personal belongings, tools, equipment, hoists, cars, motorcycles, and parts.
Rental Items: N.Gas hot water tank

Community

Postal area N0G

Population: 86,935
Private dwellings: 35,896
Median age: 40.8
Average household size: 2.6
Median household income: $83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Wellington North · last 12 months

Median sold price: $563,725
Homes sold: 194
Median days on market: 44
Sale-to-list price: 96.1%

Based on 194 recorded sales of commercial properties in Wellington North over the last 12 months.

Listed by

Wilfred McIntee & Co Limited

Location

Commercial figures

Building area: 1,400 sq ft
Price per sq ft: $567.86
Annual property tax: $2,376
Tax per sq ft: $1.70

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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