324 - 118 Preston Street S, Wellington North, ON N0G 1A0
Arthur, Wellington North · Near Smith Street · View map
About this home
Looking for an affordable way into homeownership or a low-maintenance investment? This bright one bedroom, one bathroom condo offers a practical layout in the heart of Arthur. The galley style kitchen flows into a combined dining and living space, with sliding doors leading out to your own private balcony surrounded by mature trees. One of the biggest perks of condo living here are your monthly fees cover water, sewer, hydro and heat, making budgeting simple and predictable. Adequate on site parking is also included. Whether you are a first time buyer looking to stop renting, an investor searching for a turnkey rental or a retiree ready to downsize and simplify, this unit checks a lot of boxes. Situated in the friendly community of Arthur, you are just minutes away from local shops, parks and downtown amenities. Schedule your viewing today to see the potential this great property has to offer!
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 500-599 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- West
- Level
- Third
- Balcony
- Open
- Laundry
- Coin Operated
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $430.30/mo
- Fee includes
- Heat, Water, Parking, Building Insurance
- Complex
- WCP 2
- Property management
- Wellington Condo Corporation
- Pets
- Allowed, with restrictions
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Total parking
- 2
- Parking features
- Surface
Taxes & other
- Property taxes
- $994/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- flexible
- Cross street
- Smith Street
- Neighbourhood
- Arthur
More
- Price per sq ft
- ~$500 (at 550 sq ft)
- MLS® number
- X13787942
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The home and its surroundings
- Primary Bedroom - Main Floor
- Library
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
Included in the maintenance fee
- Heat
- Water
- Parking
- Building Insurance
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
118 Preston Street, Wellington North, ON N0G 1A0
Arthur, Wellington North · Near Smith Street
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Listing history for 118 Preston Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 324 - 118 Preston Street S
Answers come straight from this home’s MLS® listing.
How much is 324 - 118 Preston Street S listed for, and what would it cost each month?
324 - 118 Preston Street S is listed for $275,000. With 20% down ($55,000), the mortgage payment would be roughly $1,109 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $1,622 a month, all in. That figure is an illustration, not a quote.
Is 324 - 118 Preston Street S freehold or a condo, and is there a monthly fee?
324 - 118 Preston Street S is a condo apartment in Arthur, Wellington North. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $430.30 a month. The listing says it covers heat, water, parking, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 324 - 118 Preston Street S have?
324 - 118 Preston Street S has 1 bedroom and 1 bathroom.
Does 324 - 118 Preston Street S have a garage and parking?
The listing does not show a garage. In total the listing counts 2 parking spaces.
Does 324 - 118 Preston Street S have a finished basement?
No. The listing shows no basement for this home.
What style of home is 324 - 118 Preston Street S?
324 - 118 Preston Street S is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 324 - 118 Preston Street S?
The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 324 - 118 Preston Street S heated and cooled?
Heating is baseboard (gas). The listing does not show air conditioning.
What are the property taxes for 324 - 118 Preston Street S?
Property taxes are $994 a year (2025), or about $83 a month.
Are pets allowed at 324 - 118 Preston Street S?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 324 - 118 Preston Street S?
324 - 118 Preston Street S is in the Arthur community of Wellington North. The nearest main intersection is Smith Street. The postal code is N0G 1A0.
Is 324 - 118 Preston Street S still for sale?
Yes. It is an active listing (MLS® X13787942). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 324 - 118 Preston Street S asking?
Similar condos for sale nearby right now include 331 - 118 Preston Street S at $299,000 (3 bed), Unit 102 - 118 Preston Street at $285,000 (2 bed) and 105 - 497 Birmingham Street W at $319,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 118 Preston Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 324 - 118 Preston Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Arthur, picked by style, size and price.
Condo apartment$299,000331 - 118 Preston Street S, Wellington North3 bed · 1 bath · ArthurCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →
Condo apartment$285,000Unit 102 - 118 Preston Street, Wellington North2 bed · 1 bath · ArthurCourtesy of: Royal LePage RCR RealtyView home →
Condo apartment$319,900105 - 497 Birmingham Street W, Wellington North2 bed · 1 bath · Mount ForestCourtesy of: Royal LePage RCR RealtyView home →Courtesy of: Royal LePage RCR Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.