88 Gibson Street, Unit 407, North Dumfries, ON

$494,900
MLS#:X12702818
1 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North Dumfries. Expertly crafted featuring premium brick and concrete poured construction, this residence presents an exceptional opportunity offered at $494,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Intercom
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to condo living in Ayr at Piper's Grove! This modern mid-rise community offers an ideal opportunity for first-time buyers, downsizers, or savvy investors looking for a low-maintenance lifestyle in a growing, well-connected town. This bright and spacious suite features 1 bedroom plus a versatile den, 1 bathroom, and 885 sq ft of thoughtfully designed living space, along with a private 84 sq ft balcony - perfect for enjoying your morning coffee or unwinding at the end of the day. The open-concept kitchen, dining, and living area is flooded with natural light and showcases contemporary finishes throughout. The kitchen is both stylish and functional, featuring sleek white cabinetry extending to the ceiling, a neutral backsplash, quartz countertops and a striking designer lighting over the dining area. The primary bedroom offers convenient access to the 4-piece bathroom, creating a comfortable and efficient layout. Additional highlights include luxury vinyl plank flooring throughout and in-suite laundry for everyday convenience. Residents enjoy a secure building entrance with intercom system, as well as a welcoming main-level amenity room complete with a kitchenette and washroom - ideal for gatherings or entertaining. One parking space is included. Located at the end of Gibson Street in downtown Ayr, Piper's Grove is just steps from parks and walking trails and offers easy access to Cambridge, Kitchener, Paris, Brantford, and Woodstock. Combining modern finishes, smart design, and a friendly community atmosphere, this is condo living at its best.

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Property Summary

This condo apartment located at 88 Gibson Street, North Dumfries is currently for sale and has been available on SousaSells for 180 days. This property is listed at $494,900 with an estimated mortgage of $1,647* per month. It has 1 bed, 1 bathroom, and is 800-899 square feet. 88 Gibson Street, North Dumfries

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

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date1/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete Poured
BasementNone
CountyWaterloo
Annual Tax$3,118.33

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Intercom

Security Features

Community Features

Virtual Tours

Location

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88 Gibson Street, Unit 407, 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 88 Gibson Street 307, 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$148,470 (30.0%)
* Minimum Canadian down payment required for this price is $24,745.
Amortization Period30 Years
Estimated Monthly Payment$1,647Based on a loan of $346,430 over 30 years.
Purchase Price$494,900
Loan Amount$346,430
Provincial Land Transfer Tax:$6,373
Total Estimated Closing Taxes:$6,373

About Purchasing a Home in North Dumfries, ON

For a property listed at $494,900 in North Dumfries, the legal minimum down payment is $24,745 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 $6,373 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 $6,373.

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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$1,196,173

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.