Welcome to Unit 305, a spacious riverside condo offering the perfect blend of comfort, convenience and tranquility in the heart of historic Fergus. This beautifully maintained 2 bedroom, 2 bathroom suite features 1,213 sq ft of thoughtfully designed living space, making it an ideal choice for those looking to downsize or enjoy a carefree, maintenance free lifestyle. The bridge, open layout offers generous living and dining areas, while the primary bedroom features a private 3 piece ensuite for added comfort and privacy. The second bedroom provides the flexibility to serve as a guest room, home office or hobby space. One of this homes most desirable features is its location overlooking the Grand River. Enjoy peaceful mornings on your private balcony with a coffee in hand as you take in the calming river views and the sounds of nature. Located just steps from downtown Fergus, you'll enjoy easy walking access to boutique shopping, local cafes, restaurants, pharmacies, parks and the many festivals and community events that make Fergus such a wonderful place to call home. Recent Updates include, Gas Furnace (2022) Central Air (2022) Windows and Patio door (2022). Monthly fees of 634.66, include, common elements, parking, building insurance and water/sewer. If you've been searching for a relaxed lifestyle in one of Centre Wellington's most sought after locations, Unit 305 offers the perfect opportunity to enjoy the best of riverside living.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $400 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 245 Queen St W #305
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Common Element Condo
245 Queen St W #305 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14099958$399,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 245 Queen St W #305 Compares to the Centre Wellington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,965
/mo
based on the purchase price of $399,900
$79,980 cash
$319,920 financed
$269,457 total interest
Principal54%$319,920
Interest46%$269,457
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 245 Queen St W #305
Homes for sale in Centre Wellington
Every active Centre Wellington MLS® listing, updated all day.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings209Homes for sale here right now.
Median vs prior 90 days+2.3%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 227 sales from Jul 24 – Oct 22, 2026 (124 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 245 Queen St W #305
How much is 245 Queen St W #305 listed for?
245 Queen St W #305 is listed at $399,900 (MLS® X14099958). Summitly updates the price as soon as the MLS® record changes.
Is $399,900 a good price for 245 Queen St W #305?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Centre Wellington. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 245 Queen St W #305 changed?
No — 245 Queen St W #305 is still listed at its original asking price of $399,900.
How many bedrooms and bathrooms does 245 Queen St W #305 have?
245 Queen St W #305 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Centre Wellington.
How much would the monthly mortgage be on 245 Queen St W #305?
About $1,965 a month — principal and interest on $399,900 with 20% down ($79,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 245 Queen St W #305 compare with other homes in Centre Wellington?
Its asking price of $399,900 is about 49% below the median sold price in Centre Wellington over the last 90 days, $779,900, across 227 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 245 Queen St W #305 been sold before?
Summitly has no earlier MLS® sale or lease of 245 Queen St W #305 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 245 Queen St W #305?
245 Queen St W #305 is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 245 Queen St W #305 been on the market?
2 days — 245 Queen St W #305 was listed on October 20, 2026.
What is the price per square foot of 245 Queen St W #305?
About $334 to $400 per square foot: the asking price of $399,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 245 Queen St W #305 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 245 Queen St W #305 have a basement, and is it finished?
The listing says 245 Queen St W #305 has no basement.
