118 Preston Street, Unit 331, Wellington North, ON

$299,000
MLS#:X13537684
3 beds
1 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Added:Jul 8, 2026(52 days ago)
Updated:Aug 25, 2026(4 days ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of Arthur. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with window unit(s) central cooling and highly efficient radiant heating via gas

Description

Looking to break into homeownership without stretching your budget? This bright, well-maintained 3-bedroom, 1-bath condo offers an incredible opportunity to own your first home in the peaceful community of Arthur. Whether you're a first-time buyer, downsizing, or simply looking for an affordable place to call your own, this home checks all the right boxes. Step inside to a functional layout with comfortable living spaces, then unwind on your own private balcony surrounded by mature, leafy trees. It's the perfect place to enjoy your morning coffee, read a book, or simply take in the quiet surroundings after a long day. One of the best features? The monthly condo fees include heat, hydro, and water, helping make your monthly expenses more predictable and budget-friendly. That's one less thing to worry about as a homeowner. Located in a quiet neighbourhood, you'll enjoy the charm of small-town living while staying within easy commuting distance-just 40 minutes to Guelph and 30 minutes to Orangeville. Homeownership doesn't have to feel out of reach. Sometimes the perfect first home isn't the biggest or the fanciest-it's the one that fits your lifestyle, your goals, and your budget. If you've been waiting for the right opportunity to stop renting and start building equity, this could be the one. Let's book your private showing and see if it feels like home.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 118 Preston Street, Wellington North is currently for sale and has been available on SousaSells for 52 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 3 beds, 1 bathroom, and is 1000-1199 square feet. 118 Preston Street, Wellington North is in the Arthur neighborhood.

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Arthur, Wellington North.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Wellington North.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusPrice Change
AddedJul 8, 2026 (52 days ago)
UpdatedAug 25, 2026 (4 days ago)
Last Checked17 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleMulti-Level
ConstructionBrick
BasementNone
CountyWellington
Annual Tax$1,541

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 118 Preston Street, Unit 331, Wellington North, ON

Q.What is the asking price for 118 Preston Street, Unit 331, Wellington North, ON ?

The current listing price for 118 Preston Street, Unit 331, Wellington North, ON in Arthur, Wellington North is $299,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 1 bathroom across approximately 1000-1199 sqft.

Q.What property type and architectural style is 118 Preston Street, Unit 331, Wellington North, ON ?

118 Preston Street, Unit 331, Wellington North, ON is a Condo Apartment (Multi-Level) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Window Unit(s).

Virtual Tour & 3D Walkthrough

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Location

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118 Preston Street, Unit 331, Wellington North, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Arthur, Wellington North

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 118 Preston Street S 331, Wellington North, ON N0G 1A0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wellington North.

Configure Loan Settings

Interest Rate4.00%
Down Payment$89,700 (30.0%)
* Minimum Canadian down payment required for this price is $14,950.
Amortization Period30 Years
Estimated Monthly Payment$995Based on a loan of $209,300 over 30 years.
Purchase Price$299,000
Loan Amount$209,300
Provincial Land Transfer Tax:$2,960
Total Estimated Closing Taxes:$2,960

About Purchasing a Home in Wellington North, ON

For a property listed at $299,000 in Wellington North, the legal minimum down payment is $14,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,960 for this transaction. As this listing is in Wellington North (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,960.

Similar Listings in Arthur, Wellington North

Explore all Just Listed Homes in Wellington North →

Arthur, Wellington North Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Arthur, Wellington North.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$702,426

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Arthur, Wellington North

Elementary Schools

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Secondary Schools

No secondary schools data loaded.

Arthur, Wellington North Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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