Step into refined elegance at 255 Rea Drive - a stunning 4-bedroom, 4-bathroom residence nestled in Fergus's newest upscale, family-friendly community. Surrounded by top-tier amenities including shopping, fitness centres, and fine dining, this home offers a lifestyle of both convenience and sophistication. Built by Storybook Homes and completed in August 2024, this newly built masterpiece showcases exceptional craftsmanship and modern architectural design. The open-concept main floor is thoughtfully curated with expansive living spaces, designer finishes, and a show-stopping gourmet kitchen featuring upgraded fixtures - perfect for hosting elegant gatherings or enjoying everyday luxury. Retreat upstairs to your grand primary suite, a private sanctuary designed for comfort and indulgence. Three additional spacious bedrooms provide versatility for family, guests, or a stylish home office setup. With four beautifully appointed bathrooms, including a sleek main-floor powder room, every detail in this home reflects elevated living and timeless style. Experience comfort. Welcome home.
4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $449 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 255 Rea Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Crawl Space, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Crawl Space · Unfinished
Lot & land
Lot size (sqft)
362.01
Listing & possession
Property style
2-Storey
Property class
Detached
255 Rea Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13005292$898,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 255 Rea Dr 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
$4,417
/mo
based on the purchase price of $898,999
$179,800 cash
$719,199 financed
$605,754 total interest
Principal54%$719,199
Interest46%$605,754
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Centre Wellington
Other 3–4 bed homes for sale in Centre Wellington around $899K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings213Homes for sale here right now.
Median vs prior 90 days+3.6%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 231 sales from Jul 23 – Oct 21, 2026 (122 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 255 Rea Dr
How much is 255 Rea Dr listed for?
255 Rea Dr is listed at $898,999 (MLS® X13005292). Summitly updates the price as soon as the MLS® record changes.
Is $898,999 a good price for 255 Rea Dr?
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 255 Rea Dr changed?
No — 255 Rea Dr is still listed at its original asking price of $898,999.
How many bedrooms and bathrooms does 255 Rea Dr have?
255 Rea Dr has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Centre Wellington.
How much would the monthly mortgage be on 255 Rea Dr?
About $4,417 a month — principal and interest on $898,999 with 20% down ($179,800), 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 255 Rea Dr compare with other homes in Centre Wellington?
Its asking price of $898,999 is about 15% above the median sold price in Centre Wellington over the last 90 days, $780,000, across 231 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 255 Rea Dr been sold before?
Summitly has no earlier MLS® sale or lease of 255 Rea Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 255 Rea Dr?
255 Rea Dr is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 255 Rea Dr been on the market?
188 days — 255 Rea Dr was listed on April 16, 2026.
What is the price per square foot of 255 Rea Dr?
About $360 to $449 per square foot: the asking price of $898,999 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 255 Rea Dr have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 255 Rea Dr have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Unfinished.
