324 - 118 Preston Street
Wellington North, ON
- 1 bed
- 1 bath
- approx. 500-599 sqft
- Condo Apartment
- 4 days on market
Looking for an affordable way into homeownership or a low-maintenance investment? This bright one bedroom, one bathroom condo offers a practical layout in the heart of Arthur. The galley style kitchen flows into a combined dining and living space, with sliding doors leading out to your own private balcony surrounded by mature trees. One of the biggest perks of condo living here are your monthly fees cover water, sewer, hydro and heat, making budgeting simple and predictable. Adequate on site parking is also included. Whether you are a first time buyer looking to stop renting, an investor searching for a turnkey rental or a retiree ready to downsize and simplify, this unit checks a lot of boxes. Situated in the friendly community of Arthur, you are just minutes away from local shops, parks and downtown amenities. Schedule your viewing today to see the potential this great property has to offer!
Listing Details
- Taxes (2025)
- $994
- Listed
- September 14, 2026
Price History
Property
- Style
- Apartment
- Construction
- Brick
- Interior
- Primary Bedroom - Main Floor
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Smith Street
- Parcel Number
- 719970024
- Possession
- 1-29 days
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $430/month
- Fee Includes
- Heat Included, Water Included, Parking Included, Building Insurance Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
Included
- Inclusions
- fridge, stove in 'as is' condition
Schools
Elementary
- Arthur Public School0.5 km
Public · Upper Grand DSB · 435 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 43% met the provincial standard
- St John Catholic School, Arthur School1.3 km
Catholic · Wellington CDSB · 240 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 35% 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 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
Residential Condo & Other in Wellington North · last 12 months
- Median sold price
- $558,500
- Homes sold
- 188
- Median days on market
- 46
- Sale-to-list price
- 96.0%
Based on 188 recorded sales of residential condo & other properties in Wellington North over the last 12 months.
Listed by
Royal LePage RCR Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$55,000
Estimated Monthly Payment
$1,351
Land transfer tax
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: $1,351/mo (20% down, 5.5%)
Taxes: $83/mo · Insurance: $69/mo
Maint: $430/mo
Estimates only. Consult a financial advisor.
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