Semi-Detached Near Elora Cataract Trail in Fergus

Property details for 82 Prest Way, Centre Wellington

Type: Residential
Bedrooms: 3
Bathrooms: 3
Lot Size: 25.1 x 108.3 FT
Stories: 2
Basement: Unfinished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $4,094 (2025)

This 3-bed, 3-bath semi sits on a quiet street in Fergus, just a short stroll from the Elora Cataract Trail and a few minutes drive to downtown's shops and eateries. The main floor's open layout has 9-ft ceilings, wide-plank laminate, and a gas fireplace in the living room. Kitchen's got full-height cabinets, stainless appliances (fridge, stove, dishwasher), and a big island that overlooks the eating area. Sliding doors lead to a fully fenced yard, perfect for pets or kids. Upstairs, the primary bedroom has a walk-in closet and a 4-piece ensuite with a soaking tub and separate glass shower. Two more bedrooms are generously sized, and the laundry's conveniently on this level, no hauling baskets up and down. The extra-deep single garage has room for storage beyond the car, and there's a second parking spot on the driveway. Basement's unfinished but has a 3-piece rough-in, so you can add a bathroom while finishing it your way. Built with poured concrete and vinyl siding, it's low-maintenance. With 25.1 x 108.3 ft lot, you've got decent outdoor space without a huge upkeep. Property taxes run about $4,094 yearly. It's listed at $728,900, right at the median for the area, though nearby sales have gone higher, often over $950k, so it's priced to move. Schools are close, Centre Wellington District High School is 4.5 km away, and you're 3.7 km from Grand River Raceway for entertainment.

About 82 Prest Way, Centre Wellington — Property Score

Great Location Hot Market

Score: 70/100

Value

Priced 18.9% below area median of $899,000 based on 77 comparable properties nearby 98

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 more than similarly priced properties nearby 72

2,718 sqft lot - a compact lot for the area 55

Location

$112K median household income - above the Canadian average of $70K 86

84% of residents hold postsecondary credentials - a highly educated neighbourhood 92

97% homeownership rate - indicating a stable, owner-occupied community 98

68% of residents commute under 30 minutes - excellent commuter accessibility 84

25/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 51 days on market 100

+103.3% median price change over 1 month - rising prices in the area 100

57.5 months of housing supply - 115 active listings with 2 sold last month (buyer's market) 40

Features

2-car garage - area average is 6.1 spots 80

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.56% effective tax rate ($4,094/yr) - very low tax burden 83

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

36 photos provided - below the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.