2-Bed ICF Bungalow with Walk-Out Basement Near Merrickville Shops

Property details for 212 Wellington Street W, Merrickville Wolford

Type: Residential
Style: Bungalow
Bedrooms: 2
Bathrooms: 2
Lot Size: 50 x 100 FT
Stories: 1
Basement: Finished, Walk out, N/A
Parking: No Garage
Heating: Heat Pump, Natural gas
Ownership: Freehold
Annual Taxes: $4,058

This 2-bed, 2-bath bungalow on a 50x100 lot is all about smart space. ICF construction and a ductless heat pump keep it comfy year-round, and the metal roof means you can forget maintenance for decades. Inside, the main floor is open concept with hardwood floors, a main bedroom with French doors to a sunroom, a walk-in closet, and an ensuite with a clawfoot tub. The finished walk-out basement adds a second bedroom, full bath, a big rec room, and a family room with direct backyard access. That's where you'll find the laundry and utility rooms too. The front porch is a proper hangout spot, overlooking a perennial garden that'll give you color every season. You're a 2-minute stroll to the shops, cafes, and restaurants on Merrickville's main strip. At $545,000, it's priced a bit above the $465k median nearby, but the ICF, the walk-out, and the low-maintenance roof are worth it. Five active listings in the area, so you've got competition, but this one's a rare find.

About 212 Wellington Street W, Merrickville Wolford — Property Score

Well Priced Great Location

Score: 61/100

Value

Priced 30.3% below area median of $782,000 based on 16 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

5,000 sqft lot - a standard lot for the area 65

Location

$55K median household income - below the Canadian average of $70K 58

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

70% homeownership rate - indicating a stable, owner-occupied community 79

49% of residents commute under 30 minutes - good commuting convenience 69

1,001/km² population density - a well-balanced suburban area 80

Market

Just listed - area average is 244 days on market 100

-54.2% median price change over 1 month - declining prices in the area 1

21 months of housing supply - 21 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 7.1 spots 80

Finished, Walk out, N/A basement - adds valuable living space 85

Heat Pump, Natural gas 60

No cooling system listed - common in cooler climate areas 30

No premium extras like pool, waterfront, or view 50

Investment

0.74% effective tax rate ($4,058/yr) - below the Canadian average of ~1% 78

-73.1% area price change year-over-year - significant price correction in Merrickville Wolford 1

30% renter population - primarily owner-occupied area 66

Quality

Condition

Listing

38 photos provided - 3% more than the area average of 37 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.