88 Gerber Drive, Perth East, ON
Property no longer active
This property was sold on August 13, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Milverton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $925,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 60 x 125 ft lot
- Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Sump Pump, Ventilation System
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 88 Gerber Dr., a charming move-in ready bungalow with a walkout basement! Step into this stunning, modern home located in the heart of Milverton, where comfort meets elegance. Built in 2020, this home combines modern amenities with the charm of a quiet, family-friendly neighbourhood.Upon entering, you'll be greeted by engineered hardwood flooring and contemporary millwork on the windows and doors. The open-concept layout is perfect for today's lifestyle, featuring a spacious living room with a cozy gas fireplace framed by two large windows. The sleek white kitchen boasts granite countertops, stainless steel appliances, pot lights throughout, and ample space for meal prep and storage. The bright and inviting dining area opens onto a private deck, ideal for outdoor dining and relaxation.The main level has three generously-sized bedrooms, a beautiful laundry room, and a 4-piece bathroom, ensuring convenience for both family and guests. The large primary bedroom offers a walk-in closet and an ensuite bathroom with an upgraded tile glass shower and double vanity.The lower level feels nothing like a typical basement, thanks to large windows that flood the space with natural light and full-height ceilings. This area includes a spacious rec room with another stylish gas fireplace, a fourth bedroom with a walk-in closet, and a four-piece bathroom. The full glass door walkout leads to a covered patio, perfect for relaxing with friends and family on warm summer evenings.Additionally, there's a salon setup that could easily be converted into a kitchen, providing fantastic in-law suite potential. The basement also has a convenient walk-up to the garage, creating the possibility for an additional separate entrance.The exterior of the home is beautifully landscaped and fully fenced, offering privacy and space for outdoor activities. The extra-high garage doors are perfect for larger vehicles.
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Property Summary
This detached home located at 88 Gerber Drive, Perth East is currently for sale and has been available on SousaSells for 757 days. This property is listed at $925,000 with an estimated mortgage of $3,079* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 88 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Place Of Worship, Park, School
Interior Features
In-Law Capability, Sump Pump, Ventilation System, Water Heater Owned, Water Softener, Auto Garage Door Remote
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 Gerber Drive, Perth East, ON N0K 1M0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Perth East, ON
For a property listed at $925,000 in Perth East, the legal minimum down payment is $67,500 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 $14,975 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 $14,975.
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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.