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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 23 days

    98 Rea Drive

    Fergus·Centre Wellington, ON·N1M 0J8·Near Elliot

    • 5 beds
    Centre Wellington real estate›X13241918
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to this grand 5-bedroom, 5-bathroom family home in the heart of Fergus-an exceptional residence that blends luxury, comfort, and modern functionality. Step into a bright, sun-filled living area framed by soaring 10 ft ceilings that create an open, inviting atmosphere perfect for family living and entertaining. The upgraded kitchen features granite countertops, quality cabinetry, a range exhaust fan, and high-end stainless steel appliances that will impress any home chef.Two expansive levels plus an upgraded, sun-filled loft provide generous space, while the beautifully landscaped ravine lot with over 105 ft of frontage adds privacy, natural beauty, and curb appeal. An attached double-car garage and driveway parking for up to four vehicles offer convenient parking, and the fully functional walkout basement with a cold cellar room provides excellent storage and endless possibilities for future customization. Located in a highly sought-after neighbourhood, you're just moments from the hospital, scenic parks and trails, places of worship, and top-rated public, Catholic, and private schools-delivering both everyday convenience and an exceptional lifestyle.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara

    Roomy 5-bedroom layout — comfortable for a family or work-from-home pair, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 4, 2026ListedCurrentFor sale$1,199,000 —X13241918This page
    Apr 3, 2026Previously listedSus$1,349,000 —X12955708View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 98 Rea Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    • Park
    • Library
    • Place Of Worship
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,890
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $675
    0.68% mill rate · ON
    The market

    How this home sits in the Centre Wellington market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Centre Wellington market right now

    Average sold price, days on market, and closed-transaction count for Centre Wellington — sourced from MLS®.

    • Avg sold price
      $863,171
      Last 30 days
    • Median sold price
      $767,500
      Middle of the market
    • Days on market
      49 d
      Avg from list to close
    • Closed last 30d
      128
      MLS® transactions
    Full Centre Wellington market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 98 Rea Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 98 Rea Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 98 Rea Drive listed for?

      98 Rea Drive is listed at $1,199,000 on the MLS® (listing X13241918). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 98 Rea Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 5 baths
  2. 3500-5000 sqft
  3. Detached
  4. Built 0-5
  5. Asking
    $1,199,000
    $0 / sqft · MLS® X13241918
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,173,913
    $1,080,000Confidence range$1,267,826
    Asking vs estimate
    ≈in-line
    +$25,087
    (+2.1%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Centre Wellington sell in about 49 days — this one has been listed 23 days.

    Avg sold price
    $863,171
    Median sold
    $767,500
    Avg days on market
    49
    Recently sold
    128
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    Private Double
  8. Interior

    6
    Basement
    Walk-Out, Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
    Laundry level
    Upper Level
    Elevator
    N
  9. Exterior & construction

    5
    Exterior
    Brick, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Park/Greenbelt
    Pool
    None
  10. Lot & land

    1
    Year built
    0-5
  11. Listing & possession

    3
    Occupancy
    60/90/FLEXIBLE
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 2 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    2 rooms
    • Breakfast
      13.5 × 10.0 ft
    • Great Room
      gas fireplace · broadloom
      13.5 × 10.0 ft
  13. Ravine
  14. Arts Centre
  15. Combined estimate
    $6,565
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,890
    /mo
    based on the purchase price of $1,199,000
    $239,800 cash
    $959,200 financed
    $807,898 total interest
    Monthly payment$5,890/ month
    Principal54%$959,200
    Interest46%$807,898

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Centre Wellington

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 124 GIBBONS Drive
      Sold
      Sign in for price
      124 GIBBONS Drive
      Detached
    • 6220 Fifth Line
      Sold
      Sign in for price
      6220 Fifth Line
      Detached
    • 79 Spencer Drive
      Sold
      Sign in for price
      79 Spencer Drive
      Detached
    • 255 Provost Lane
      Sold
      Sign in for price
      255 Provost Lane
      Detached
    • 63 Spencer Drive
      Sold
      Sign in for price
      63 Spencer Drive
      Detached
    • 14 Braeside Street
      Sold
      Sign in for price
      14 Braeside Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    98 Rea DriveThis home5 / 535,005,000$1,199,000ask———
    124 GIBBONS Drive4 / 42,000—
    6220 Fifth Line5 / 22,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Centre Wellington

    Active listings within ±20% of this asking price.

    • 108 Haylock Avenue
      $1,419,000
      108 Haylock Avenue
      Detached 4 4
    • 31 Conlin Court
      $1,099,000
      31 Conlin Court
      Detached 4 3
    • 203 Elizabeth Crescent
      $1,050,000
      203 Elizabeth Crescent
      Detached 4 4
    • 79 Imrie Road
      $1,391,990
      79 Imrie Road
      Detached 4 4
    • 11 AITKEN Court
      $1,299,900
      11 AITKEN Court
      Detached 4 5
    • 155 Rea Drive
      $999,000
      155 Rea Drive
      Detached 4 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of EXP REALTY · displayed on Summitly per MLS® data-share rules

    98 Rea Drive is a 5-bedroom, 5-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 98 Rea Drive built?

    98 Rea Drive was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 98 Rea Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 98 Rea Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 98 Rea Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,199,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 98 Rea Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 98 Rea Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 98 Rea Drive in?

    98 Rea Drive is in Fergus, Centre Wellington. The 'Neighbourhood' section below links to the live Centre Wellington real estate hub with average sold price, days on market, and current inventory.

  25. Is Centre Wellington a good place to live?

    Centre Wellington is one of ON's actively-tracked Summitly markets. The full Centre Wellington real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 79 Spencer Drive
    4 / 3
    1,100
    —
    255 Provost Lane6 / 11,500—
    63 Spencer Drive4 / 31,100—
    14 Braeside Street4 / 21,100—