1040 Rivers Edge Drive, Woolwich, ON

$1,500,000
MLS#:X11943679
3 beds
1 baths
1500-2000 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Woolwich. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 285.35 x 182.63 ft lot
  • Features a ["full", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: ERV/HRV, In-Law Capability, On Demand Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via ground source

This a very private acre of property on the rural side of West Montroses historic covered bridge. Surrounded by towering mature trees and wooded hill embracing the back and side of the house, the neighbours are there but barely. This custom all-brick BUNGALOW has a large front and side yard, plus a back yard with two outbuildings. A lovely pond with waterfall feature contains goldfish/koi and also attracts an abundance of wildlife. Outbuildings include a garden shed, and rustic Bunkie with doors opening to a view of the pond and huge windows so guests can awaken to natures splendor. Hand-scraped hardwood floors throughout the main level, plus three plush carpeted bedrooms and tiled bathroom. Custom wood panel ceiling in the living room, and professional decorative plaster ceilings in most other rooms. The extra-large windows in the living room and dining room give ample natural light and amazing views of the property. There is a full basement with finished rec room featuring laminate floors and gas fireplace. The rest of the basement is fully drywalled with high ceilings, and has a walk-up SEPARATE ENTRANCE to the garage for IN-LAW SUITE potential. New flex pipe has been run throughout the house. Water systems include iron filter, softener, and on-demand water heater. Heating & cooling by geothermal system, with an electric back-up furnace and HRV air exchanger. Added peace of mind from a wood fireplace with insert in living room. There is also a huge double-wide garage with a natural gas heater, plus plenty of lights and hydro outlets. Outside the garage is a two-vehicle carport and an enclosed hot tub area. A path leads through the trees to yet another building with metal roof that can be used as a studio, workshop whatever your heart desires. It has hydro and a roughed-in woodstove. Consider the potential! Nearby to water activities, 45km long Kissing Bridge trail, central to K-W, Guelph, Elmira, Fergus-Elora, and just 40 mins to the 401. Book your showing!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 4, 2025
Sold price information is available to members only
Listed Date1/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size285.35 × 182.63 Feet
CountyWaterloo
Annual Tax$6,057
Legal DescriptionPT LT 74 GERMAN COMPANY TRACT WOOLWICH AS IN 267724; WOOLWICH

Parking & Garage

Parking Spaces9.0
Garage Spaces7
Garage TypeCarport

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Golf, Greenbelt/Conservation, River/Stream, School Bus Route

Community Features

Location

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1040 Rivers Edge Drive, Woolwich, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Woolwich.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,102,039

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Conestogo
Public1948 Sawmill Road, Woolwich, Ontario, N0B 1N0
5.7
St Jacobs St.
CatholicIsabella Street, Woolwich, Ontario, N0B 2N0
6.0
Millen Woods
Public640 New Hampshire Street, Waterloo, Ontario, N2K 0A5
8.9
St Luke
Public550 Chesapeake Drive, Waterloo, Ontario, N2K 4G5
6.7
Lester B Pearson
Public520 Chesapeake Drive, Waterloo, Ontario, N2K 4G5
6.8

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1040 Rivers Edge Drive, Woolwich, ON N0B 2V0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,200,000
Monthly Mortgage$6,972
Property Tax (Est.)$505
Utilities & Maint.$350
Total Monthly Cost$7,827

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Woolwich.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.