1 FERRIS Drive, Wellesley, ON
Property no longer active
This property was sold on November 29, 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 Wellesley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 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 with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft
- Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater, Sump Pump, Air Exchanger
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
WALKOUT BUNGALOW WITH IN-LAW SUITE. Located in the heart of Wellesley, this meticulously maintained raised bungalow offers 4 bedrooms, 3 bathrooms, and a walkout basement, seamlessly blending rural tranquility with modern convenience through impressive upgrades. Step onto the inviting covered front porch and enter an open concept space featuring engineered hardwood floors, 9 ft ceilings, and a seamless flow from the living room to the dining area and kitchen. The kitchen showcases new backsplash, quartz countertops, stainless steel appliances, and a spacious island perfect for entertaining or everyday cooking. Next to the dining area, step outside onto an expansive deck extending the living space outdoors, ideal for relaxation and gatherings. The main floor also features a versatile den, a convenient laundry/mud room off the garage, a 4-piece bathroom, and a bedroom with a built-in Murphy bed and ample storage. The welcoming primary suite offers a generously-sized walk-in closet and a luxurious 5-piece ensuite with a private water closet. Descending to the lower level, discover an in-law suite featuring two bedrooms, a stylish modern kitchen and living area with a gas fireplace, and walkout access to a sunken patio in the landscaped backyard. Additional features on this level include a 4-piece bathroom, separate laundry, a cold room, and abundant storage space. Outside, extensive landscaping enhancements include a new fence, stone steps, armor stone, and patio stones leading to the backyard oasis with a garden shed and lovely gardens. Experience the perfect blend of comfort and sophistication in this Wellesley gem. Schedule your showing today and envision your future in this remarkable home.
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Property Summary
This detached home located at 1 FERRIS Drive, Wellesley is currently for sale and has been available on SousaSells for 694 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 1 FERRIS Drive, Wellesley
* 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
Interior Features
Water Heater, Sump Pump, Air Exchanger, Water Softener
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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 1 FERRIS Drive, Wellesley, ON N0B 2T0
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 Wellesley, ON
For a property listed at $1,150,000 in Wellesley, the legal minimum down payment is $230,000 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 $19,475 for this transaction. As this listing is in Wellesley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,475.
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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.