50 Gibson Street, Unit 301, North Dumfries, ON

$389,900
MLS#:X12359445
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of North Dumfries. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $389,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Welcome to 50 Gibson Street Unit #301 Bright, Updated 2-Bedroom Condo in a Prime Location! Step into this beautifully maintained 2-bedroom, 1.5-bathroom condo offering a perfect blend of comfort, convenience, and location. Situated on the third floor of a quiet, well-managed building, this unit is ideal for first-time buyers, downsizers, or investors. Enjoy modern upgrades throughout: new kitchen and laundry appliances (2022), kitchen refresh in 2022, and updated bathroom countertops completed at the same time. The open-concept layout features a spacious living/dining area, two well-sized bedrooms, a full bath plus a convenient ensuite powder room, and in-suite laundry. An AC unit is included for added comfort, and the private balcony offers a peaceful place to unwind. Location is everything and this unit delivers. Just steps to Centennial Park and the scenic Campbell Trail, and a short walk to downtown shops, restaurants, and local amenities, you'll love the vibrant lifestyle this home provides. Dont miss your chance to own a move-in ready gem in one of the areas most sought-after locations!

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Property Summary

This condo apartment located at 50 Gibson Street, North Dumfries is currently for sale and has been available on SousaSells for 335 days. This property is listed at $389,900 with an estimated mortgage of $1,298* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 50 Gibson Street, North Dumfries

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date8/17/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyWaterloo
Annual Tax$1,468

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

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Location

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50 Gibson Street, Unit 301, North Dumfries, ON

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 50 Gibson Street 301, North Dumfries, ON N0B 1E0

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.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in North Dumfries.

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Interest Rate4.00%
Down Payment$116,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,495.
Amortization Period30 Years
Estimated Monthly Payment$1,298Based on a loan of $272,930 over 30 years.
Purchase Price$389,900
Loan Amount$272,930
Provincial Land Transfer Tax:$4,324
Total Estimated Closing Taxes:$4,324

About Purchasing a Home in North Dumfries, ON

For a property listed at $389,900 in North Dumfries, the legal minimum down payment is $19,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,324 for this transaction. As this listing is in North Dumfries (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,324.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North Dumfries.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,195,002

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.