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PT 3 & 4, LT 3, PL 87 Steele Street

PT 3 & 4, LT 3, PL 87 Steele Street

Centre Wellington, ON

  • Vacant Land
  • 3 days on market
$299,000

Two Lots Available: Opportunity is knocking with premium 16.5 x 26 metre (approximately 54' x 85') building lots ideally located on Steele Street - just off Sideroad 18 in Fergus. Soaring evergreens on the bordering property provide a lovely backdrop, offering the perfect blend of an established and peaceful residential setting in a wonderful community with convenient access to everything Centre Wellington has to offer. The initial planning has already been done for you with municipal services at the road and a development agreement in place including conceptual servicing/grading plans, storm water management brief, GRCA review and more. Unlike many other vacant lots in the area, this property is not subject to GRCA (Grand River Conservation Authority) regulations, significantly simplifying the planning and building process.The R1C - Residential zoning permits a detached single-family dwelling along with customary residential accessory uses, making it an ideal location for your forever home or a quality investment property. With the recent changes providing HST relief to buyers of new constructions, custom home builders may be particularly interested in the adjacent lot as well (listed separately). Whatever your vision may be, this property provides an excellent opportunity to bring it to life with added confidence and convenience. Enjoy all that Fergus & Elora have to offer, including historic downtown shops and restaurants, excellent schools, parks, walking trails, the Grand River, the Cataract Trail, and a vibrant community known for its small-town charm and easy access to Guelph, Kitchener-Waterloo, and Highway 6.

Listing Details

Listed
September 14, 2026

Price History

Property

Lot Size
54 x 85 Feet

Location & Legal

Cross Street
Steele St X Sider oad 18
Zoning
R1C
Parcel Number
00000000
Possession
Immediate
Occupancy
Vacant

Schools

Elementary

  • St Joseph - Fergus Catholic Elementary School1 km

    Catholic · Wellington CDSB · 565 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 88% met the provincial standard

  • Grand River Public School1.3 km

    Public · Upper Grand DSB

  • Victoria Terrace Public School1.7 km

    Public · Upper Grand DSB · 200 students

    Grade 3 reading: 100% met the provincial standard · Grade 6 math: 50% met the provincial standard

Secondary

  • Centre Wellington District High School3.7 km

    Public · Upper Grand DSB · 1190 students

    Grade 10 literacy: 89% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N1M

Population
18,498
Private dwellings
7,546
Median age
42.4
Average household size
2.5
Median household income
$95,000

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

Residential Freehold in Centre Wellington · last 12 months

Median sold price
$769,000
Homes sold
476
Median days on market
31
Sale-to-list price
97.4%

Based on 476 recorded sales of residential freehold properties in Centre Wellington over the last 12 months.

Listed by

M1 Real Estate Brokerage Ltd

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$59,800

Estimated Monthly Payment

$1,469

Land transfer tax

Estimated land transfer tax$2,960

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,469/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $75/mo

Estimates only. Consult a financial advisor.

R

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