$1,049,000
123 Rea Drive, Centre Wellington, ON N1M 0J8
4 Beds
4 Baths
4 Parking
Welcome to refined living in one of Fergus's most coveted neighbourhoods. This impressive 3,000+ sq ft two-storey home blends luxury finishes, intelligent design, and exceptional functionality within minutes of major educational and transit hubs. Located less than 30 minutes from University of Guelph, 35 minutes from University of Waterloo, and 25 minutes to Guelph Central GO Station, this address offers unbeatable accessibility for students, commuters, and professionals. Step through the covered porch into a grand foyer with soaring ceilings and elegant staircase. The expansive main floor features a designer kitchen with premium cabinetry, centre island, and spacious family room with gas fireplace, seamlessly flowing to a generous deck via oversized walkout sliders. Completed by powder room, mudroom/laundry, and garage access. Upstairs offers four generously proportioned bedrooms-three with private ensuite bathrooms. The primary bedroom is a sanctuary featuring a spa-inspired five-piece ensuite and his and her walk-in closets. The walkout basement with separate entrance presents exceptional multi-generational and rental potential. Rough-in plumbing is ready for a full bathroom, and the open layout with large windows maximizes flexibility. Whether you're a growing family, professional, or investor seeking multi-unit potential, this home serves today's needs while accommodating tomorrow's possibilities. Impeccable finishes, intelligent planning, and strategic location create a truly impressive opportunity.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Approximate Age New
Bedrooms Above Grade 4
Bathrooms 4
Kitchens 1
Basement Walk-Out, Full, Unfinished
Exposure South

Building

Building Type Detached
Square Footage 3000-3500
Exterior Brick, Brick Front
Foundation Poured Concrete
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 50 x 110
Lot Size Units Feet
Frontage 50
Depth 110
Total Living Area 3000-3500

Land

Address 123 Rea Drive, Centre Wellington, ON N1M 0J8
City Centre Wellington
Community Fergus
County / Area Wellington
Cross Street Beatty Line N to Farley Rd, right on Rea Dr
Sewer Sewer
Pool None
Parcel Number 714040879

Parking and Garage

Total Parking 4
Garage Spaces 2
Garage Type Attached
Parking Features Private Double

Taxes and Listing Info

List Price $1,049,000
Annual Taxes $7,304
Tax Year 2025
Status Active
Listing Date 2026-05-23T22:22:21Z
Updated 2026-05-23T22:22:21Z
MLS Number X13166904
Local Market Insight

What Buyers Should Know About 123 Rea Drive, Centre Wellington, ON N1M 0J8

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

123 Rea Drive, Centre Wellington, ON N1M 0J8 is positioned in Fergus, a part of Centre Wellington where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Beatty Line N to Farley Rd, right on Rea Dr, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,049,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 4 bedrooms, 4 bathrooms, basement details marked as Walk-Out, Full, Unfinished, and a lot size of 50 x 110, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Centre Wellington, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Fergus. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 123 Rea Drive, Centre Wellington, ON N1M 0J8, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.