226 Wellington Main St

FOR SALE
$430,000
226 Wellington Main St, Prince Edward County
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
226 Wellington Main St
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
X9233092
MLSID
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Property Description
An incredible investment opportunity in the heart of Wellington! Located on the Main Street and perfectly nestled between downtown and the beach, this 3 bedroom century home has a lot to offer. Hardwood flooring, stained glass windows, original decorative staircase, and I have been told that a tin ceiling exists above the tiles in the living room! A convenient laneway provides access to the back of this home where a single car garage (in much need of attention) sits. Consider replacing the garage with a detached Tiny Home for the ultimate rental property, or enjoy this as a classic and beautiful home.
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
29' x 128'
Acreage
< .50
Fronting
North
Taxes
$1,176 (2023)
Basement
Part Bsmt, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain12.73' x 13.25'
DiningMain9.78' x 12.86'
KitchenMain8.96' x 12.86'
SunroomMain7.41' x 17.81'
OtherMain8.33' x 17.81'
Prim Bdrm2nd11.61' x 13.75'
2nd Br2nd8.66' x 11.15'
3rd Br2nd7.64' x 12.89'
Bathroom2nd7.09' x 7.32'
Prince Edward County Market Statistics
Prince Edward County Price Trend
226 Wellington Main St is a 3-bedroom 1-bathroom home listed for sale at $430,000, which is $860,300 (66.7%) lower than the average sold price of $1,290,300 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County increased by $546,090 (73.4%) compared to the previous 30 day period (July 20 - August 18) and up $476,780 (58.6%) from the same time one year ago.
Inventory Change
There were 44 3-bedroom homes listed in Prince Edward County over the last 30 days (August 19 - September 17), which is up 25.7% compared with the previous 30 day period (July 20 - August 18) and up 18.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($62,240) (4.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $35,604 decrease compared to the previous 30 day period (July 20 - August 18) and ($24,204) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Prince Edward County over the last 30 days (August 19 - September 17) stood at 22.7%, down from 54.3% over the previous 30 days (July 20 - August 18) and down from 267.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Prince Edward County stood at 56 days when successfully sold over the last 30 days (August 19 - September 17), compared to 120 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Service Real Estate Inc.
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