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
- Square footage
- 500-599 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Floor
- Third
- Exposure
- West
- Balcony
- Open
- Laundry
- Coin Operated
Building & fees
- Maintenance fee
- $430.30/mo
- Fee includes
- Heat, Water, Parking, Building Insurance
- Condo corporation
- WCP 2
- Property management
- Wellington Condo Corporation
- Pets
- Allowed, with restrictions
- Locker
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
- Fireplace
- No
Parking
- Parking spaces
- 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)
- Listed
- Sep 15, 2026 · 24 days ago
- MLS® number
- X13787942
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Included in the maintenance fee
- Heat
- Water
- Parking
- Building Insurance
The unit and its surroundings
- Primary Bedroom - Main Floor
- Library
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
- 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 unit and others in the building were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every condo.
Frequently asked questions about 324 - 118 Preston Street S
Answers come straight from this condo’s MLS® listing.
How much is 324 - 118 Preston Street S listed for?
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, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 324 - 118 Preston Street S have?
324 - 118 Preston Street S has 1 bedroom and 1 bathroom.
How big is 324 - 118 Preston Street S?
The listing puts the unit between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 324 - 118 Preston Street S?
324 - 118 Preston Street S is a condo apartment in Arthur, Wellington North. It faces west.
What are the maintenance fees at 324 - 118 Preston Street S, and what do they cover?
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.
Does 324 - 118 Preston Street S come with parking and a locker?
The listing includes 2 parking spaces. There is no locker with the unit.
Are pets allowed at 324 - 118 Preston Street S?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
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.
What neighbourhood is 324 - 118 Preston Street S in?
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. 324 - 118 Preston Street S is an active listing (MLS® X13787942), on the market since September 15, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 118 Preston Street sold for?
Recent sales, leases and expired listings for this unit and the rest of the building 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 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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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.