76 Gerber Drive, Perth East, ON

$825,000
MLS#:X12237968
3 beds
3 baths
1500-2000 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Milverton. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $825,000 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 59.97 x 105.47 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the perfect blend of space, comfort, and style in this incredibly spacious 2017 bungalow offering over 2700 sq ft of finished living space. Set on a nicely manicured lot, this home features an open-concept layout ideal for entertaining and everyday living. The heart of the home is the expansive living room with cathedral ceilings and wooden beams to elevate the space. The cherry kitchen, complete with a wet bar and adjacent dining area, flows seamlessly into the grand living room with cozy gas fireplace. Windows flood the space with natural light and frame the view of the expansive two-tier wraparound deck.The spacious primary suite offers a private retreat with a walk-in closet and a luxurious 4-piece ensuite featuring a large walk-in shower and a relaxing Jacuzzi tub. Convenient main floor laundry adds to the home's practicality.The fully finished walk-out basement boasts two additional bedrooms, a large rec room, and direct access to the backyard, perfect for extended family, guests, or entertaining. A unique half-garage addition provides extra storage for tools, toys, or hobby space. Located between Stratford and Listowel and just 35 minutes to the Kitchener-Waterloo Region, this home offers both small-town charm and easy access to urban amenities.

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Property Summary

This detached home located at 76 Gerber Drive, Perth East is currently for sale and has been available on SousaSells for 390 days. This property is listed at $825,000 with an estimated mortgage of $2,746* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 76 Gerber Drive, Perth East is in the Milverton neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateAugust 15, 2025
Sold price information is available to members only
Listed Date6/21/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFinished with Walk-Out
Lot Size59.97 × 105.47 Feet
CountyPerth
Annual Tax$3,973
Legal DescriptionLOT 5, PLAN 44M53 SUBJECT TO AN EASEMENT IN GROSS OVER PT 1 PL 44R5296 AS IN PC134923 SUBJECT TO AN EASEMENT FOR ENTRY AS IN PC152111 TOWNSHIP OF PERTH EAST

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Ravine, Park, Library

Interior Features

Sump Pump

Security Features

Smoke Detector

Community Features

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Location

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76 Gerber Drive, Perth East, ON
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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 76 Gerber Drive, Perth East, ON N0K 1M0

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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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$247,500 (30.0%)
* Minimum Canadian down payment required for this price is $57,500.
Amortization Period30 Years
Estimated Monthly Payment$2,746Based on a loan of $577,500 over 30 years.
Purchase Price$825,000
Loan Amount$577,500
Provincial Land Transfer Tax:$12,975
Total Estimated Closing Taxes:$12,975

About Purchasing a Home in Perth East, ON

For a property listed at $825,000 in Perth East, the legal minimum down payment is $57,500 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 $12,975 for this transaction. As this listing is in Perth East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Milverton, Perth East.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$795,821

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.