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 $999,000 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.
Welcome to this stunning executive bungalow located in the quaint town of Wellesley, just 20 minutes from Waterloo. Step inside to a welcoming foyer with soaring 10' ceilings. The open-concept layout features a bright kitchen, dining room, living room, and dinette, all adorned with beautiful ceramic and hardwood floors. The dinette offers a walkout to a covered deck overlooking the partially fenced backyardperfect for relaxing or entertaining. The kitchen is a showstopper, featuring plenty of space for culinary creations. Conveniently located off the garage entrance, the laundry room adds everyday ease. The main floor also includes two spacious bedrooms and two bathrooms, including a luxurious primary suite with his and hers closets and private ensuite. The finished basement offers an expansive rec-room with a gorgeous gas fireplace, an additional bedroom, a workshop, a 3-piece bathroom, and a walkout to the backyard! This could easily be transformed into an in-law suite. A double car garage with mezzanine storage provides plenty of room for vehicles and hobbies. Located in a vibrant community known for the beloved Apple Butter Festival, this property offers the perfect blend of small-town charm and modern comfort. Dont miss your chance to call this beautiful home yours!
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This detached home located at 139 Gerber Meadows Drive, Wellesley is currently for sale and has been available on SousaSells for 442 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 139 Gerber Meadows Drive, Wellesley
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Auto Garage Door Remote, Water Heater
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Data-driven valuation for 139 Gerber Meadows Drive, Wellesley, ON N0B 2T0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wellesley.
About Purchasing a Home in Wellesley, ON
For a property listed at $999,000 in Wellesley, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.
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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.