Homula Realty Brokerage
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187 POVEY Road, Centre Wellington, ON N1M 0J7

4+1 beds · 3 baths · 1 kitchen · 7 rooms · 2 parking spaces · 1500-2000 sq ft · Laundry on the upper level level · Semi-Detached
$750,000
Property tax
$3,503 / year

Welcome to this beautifully maintained home located in one of Fergus's growing residential communities. This spacious and thoughtfully designed home offers a functional layout with modern finishes and everyday convenience. The main floor features a dedicated home office, ideal for today's work-from-home lifestyle, along with durable laminate flooring and an inviting open-concept living space. The well-appointed kitchen features stainless steel Samsung appliances, including a French-door refrigerator with water and ice dispenser and an over-the-range microwave. Convenient second-floor laundry adds to the practicality of the home.Enjoy the appeal of a growing Fergus community with access to parks, walking trails, schools, shopping, restaurants and recreational amenities nearby. Fergus offers a welcoming small-town setting with convenient access to Guelph and surrounding communities, making this an excellent opportunity for families, first-time buyers and investors alike.

MLS number
X13778084
Type
Semi-Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
N1M 0J7
Photos
22
Laundry
Upper Level level
1days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Grand River Public School
Upper Grand DSB
Elementary673 mNot reported
Elora Public School
Upper Grand DSB
Elementary2.2 km8.2 / 10
82% met the standard
St Joseph - Fergus Catholic Elementary School
Wellington CDSB
Elementary2.0 km8.6 / 10
86% met the standard
St Mary - Elora Catholic Elementary School
Wellington CDSB
Elementary2.4 km8.2 / 10
82% met the standard
James McQueen Public School
Upper Grand DSB
Elementary2.2 km4.3 / 10
43% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,171 people.

$136,000Median household income
96%Own their home
86.8%Detached houses
37.2Median age
19.2%Born outside Canada
27.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35230293 — the few blocks around this address, home to 1,171 people. It describes the area, not this property.

1,171Population
38Average age
3.1Household size
$164,000Average household income
$136,000Median household income
96%Own their home
4%Rent
8%Condominiums
19%Born outside Canada
27%University degree
$1,012,000Average home value
3%Low income
31%Not in the labour force
21%Never married
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9991%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over41%
$100,000 to $124,9997%
$125,000 to $149,9999%
$150,000 to $199,99913%
$200,000 and over13%

Percentages are of the 635 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$150,000 · minimum here is $50,000
$3,320.84per month
Borrowed before insurance$600,000
Total borrowed$600,000
Interest over 25 years at 4.5%$396,251

If you rented it out

-$3,612.75per month out of pocket
Rent$0.00
Everything it costs to hold$3,612.75
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by KIC REALTY. Listing data provided by the Toronto Regional Real Estate Board.