+ 24 photosFor Sale · Detached
516 Fifth Street N, Centre Wellington, ON N0B 1J0
Centre Wellington · Belwood
127 days on market
2
Beds
1
Baths
3
Parking
1100-1500
Sq ft
31-50 yrs
Built
The honest picture
List price
$649,900
★ Renavu Estimate
$629,000
Lower confidence
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales — not an appraisal. The area price benchmark for this neighbourhood is still being prepared.
About this home
- 2 bedrooms, 1 bathroom, 3 parking spaces; 1100-1500 sq ft main cottage
- Waterfront property on Belwood Lake with direct water access and private dock
- Open-concept living area with vaulted ceilings, whitewashed pine walls, exposed wood beams, and large windows
- Kitchen with white shaker cabinetry, butcher block countertops, stainless steel appliances, and tile backsplash
- Wood stove, 2023 heat pump/air conditioner, heated bathroom floor
- Detached 380 sq ft bunkie (3-season guest space), two storage sheds, expansive deck with gazebo
- Annual land lease of $3,237 through GRCA; located 1 hour from GTA, near Fergus, Elora, and Guelph
Key points summarised from the listing description.
Property details
Listed on
May 12, 2026
Days on market
127 days
Property tax
$1,701.01 (2025)
Style
Bungalow
Heating
Heat Pump
Cooling
Other
MLS®
X13114974
Full details
Parking
GarageNone
Driveway3
Total parking3
Parking featuresPrivate Triple
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 12, 2026 | — | $649,900 ▼ | Price cut | X13114974 |
| May 12, 2026 | — | $699,900 | Listed | X13114974 |
🔒
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Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.2% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$9,473
Legal · title · inspection$2,800
Closing costs$12,273
Down payment$129,980
Total cash to close$142,253
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
