226 Wellington Main St
Wellington, Prince Edward County, K0K 1G0
FOR SALE
$425,000
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BEDROOMS1
BATHROOMS1
KITCHENS5 + 4
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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 sits. The glass enclosed front porch gives a perfect opportunity to sit back and appreciate all this incredible location has to offer. The Seller would consider holding a small, short term Vendor Take-back Mortgage.
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Extras
Updated Electrical & Panel
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Property Details
Street
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.73' x 13.25' | |
| Dining | Main | 9.78' x 12.86' | |
| Kitchen | Main | 8.96' x 12.86' | |
| Sunroom | Main | 7.41' x 17.81' | |
| Other | Main | 8.33' x 17.81' | |
| Prim Bdrm | 2nd | 11.61' x 13.75' | |
| 2nd Br | 2nd | 8.66' x 11.15' | |
| 3rd Br | 2nd | 7.64' x 12.89' | |
| Bathroom | 2nd | 7.09' x 7.32' |
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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 $425,000, which is $290,080 (40.6%) lower than the average sold price of $715,080 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Prince Edward County declined by $39,812 (5.3%) compared to the previous 30 day period (September 21 - October 20) and down $78,171 (9.9%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Prince Edward County over the last 30 days (October 21 - November 19), which is down 24.2% compared with the previous 30 day period (September 21 - October 20) and down 7.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Prince Edward County typically sold ($46,529) (6.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $17,884 decrease compared to the previous 30 day period (September 21 - October 20) and ($52,508) more 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 (October 21 - November 19) stood at 120.0%, up from 42.4% over the previous 30 days (September 21 - October 20) and up from 40.7% 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 77 days when successfully sold over the last 30 days (October 21 - November 19), compared to 107 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Service Real Estate Inc.
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