59 Pine Ridge Rd is a 2-bedroom, 2-bathroom home in Centre Wellington, listed for $505,999. It has 1400-1599 sq ft of living space.
1The private backyard offers a peaceful retreat, surrounded by a beautiful mix of mature trees.
2The heart of the home is the open-concept kitchen, dining, and family room.
3Five large Family Room windows create a warm, cheerful space where you can enjoy everyday living, entertain family and friends, or simply take in the backyard views.
Visit REALTOR website for additional information. This is an Elora "A" Model with approx. 1547 sqft. Pine Meadows is an active adult lifestyle community located east of Fergus. It is a Land Lease community of 195 bungalow style homes. Welcome to this efficient, low maintenance two-bedroom bungalow designed for comfort, convenience, and easy living. The private backyard offers a peaceful retreat, surrounded by a beautiful mix of mature trees. Step inside to a warm and cozy living room with a large front south facing window. The primary bedroom features a 4-piece ensuite, while a second bedroom is conveniently located near with a 3-piece bathroom - ideal for overnight guests. The heart of the home is the open-concept kitchen, dining, and family room. Five large Family Room windows create a warm, cheerful space where you can enjoy everyday living, entertain family and friends, or simply take in the backyard views. Main-floor living is completed with side-by-side laundry, a practical mudroom area, and direct access to the attached 1-car garage-making daily routines easy in every season. The basement offers excellent flexibility, with a finished office and a third bathroom already in place. The remaining space is framed and ready for your personal touch. Access is enhanced with an installed chair lift, providing added ease and accessibility. This thoughtfully designed home offers the comfort, functionality, and peace of mind that make it an excellent choice for those seeking to simplify without compromising on space or lifestyle. Land lease-$699.98 Maintenance-$612.60 Taxes(2025)-$2769.10. New Heat Pump, new main floor paint and some photos have been digitally staged.
2 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $361 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 59 Pine Ridge Rd
Every detail from the listing, in one place.
Style
Bungalow
Living space
1400-1599 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Other
59 Pine Ridge Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,486
/mo
based on the purchase price of $505,999
$101,200 cash
$404,799 financed
$340,947 total interest
Principal54%$404,799
Interest46%$340,947
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.
Similar homes for sale nearby in Centre Wellington
Other 2-bed homes for sale in Centre Wellington around $506K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings202Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 5 – Aug 3, 2026: prices up.
Based on 218 sales from Aug 3 – Nov 1, 2026 (134 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 59 Pine Ridge Rd
How much is 59 Pine Ridge Rd listed for?
59 Pine Ridge Rd is listed at $505,999 (MLS® X13038576). Summitly updates the price as soon as the MLS® record changes.
Is $505,999 a good price for 59 Pine Ridge Rd?
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 59 Pine Ridge Rd changed?
Yes — it was first listed at $524,999 and is now $505,999, a drop of $19,000 (3.6%).
How many bedrooms and bathrooms does 59 Pine Ridge Rd have?
59 Pine Ridge Rd has 2 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a home in Centre Wellington.
How much would the monthly mortgage be on 59 Pine Ridge Rd?
About $2,486 a month — principal and interest on $505,999 with 20% down ($101,200), 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 59 Pine Ridge Rd compare with other homes in Centre Wellington?
Its asking price of $505,999 is about 35% below the median sold price in Centre Wellington over the last 90 days, $777,450, across 218 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 59 Pine Ridge Rd been sold before?
Summitly has no earlier MLS® sale or lease of 59 Pine Ridge Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 59 Pine Ridge Rd?
59 Pine Ridge Rd is in Centre Wellington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 59 Pine Ridge Rd been on the market?
192 days — 59 Pine Ridge Rd was listed on April 23, 2026.
What is the price per square foot of 59 Pine Ridge Rd?
About $316 to $361 per square foot: the asking price of $505,999 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 59 Pine Ridge Rd have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 59 Pine Ridge Rd have a basement, and is it finished?
The listing describes the basement as: Full, Partially Finished.