31 Pond View Drive, Unit 31, Wellesley, ON

$595,000
MLS#:X12045721
2 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow semi-detached condo located in the coveted neighborhood of Wellesley. Expertly crafted featuring premium brick veneer and vinyl siding construction, this residence presents an exceptional opportunity offered at $595,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Auto Garage Door Remote, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

READY TO RETIRE AND RELAX? COME HOME TO THE QUIET LIFE in tranquil Wellesley at the highly sought-after Pond View Retirement Village! This spacious semi-detached condo has been lovingly maintained by the original owners and boasts a single garage and welcoming front porch for warm summer evening chats. It features an airy and open-concept layout with an inviting dining area large enough to host family gatherings, and a gorgeous white kitchen with a convenient island for casual breakfasts, ample storage and counter space and 2 pantries. You'll appreciate the large comfortable living room leading to sliders and a welcoming deck with a retractable awning. Enjoy the spacious primary bedroom with a large walk-in closet and ensuite bath with linen closet and laundry. Also featured is a second bright bedroom/den and and a full guest bath. The family-sized rec room downstairs is perfect for a pool table, parties, movie nights and hobbies and has lots of storage space. Condo fees include access to the Clubhouse. CAREFREE LIVING!

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Property Summary

This detached home located at 31 Pond View Drive, Wellesley is currently for sale and has been available on SousaSells for 477 days. This property is listed at $595,000 with an estimated mortgage of $1,981* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 31 Pond View Drive, Wellesley

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date3/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached Condo
Architectural StyleBungalow
ConstructionBrick Veneer, Vinyl Siding
BasementPartially Finished, Full
CountyWaterloo
Annual Tax$3,175

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor, Auto Garage Door Remote, Water Heater Owned

Security Features

Community Features

Location

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31 Pond View Drive, Unit 31, Wellesley, 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 31 Pond View Drive, Wellesley, ON N0B 2T0

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 Wellesley.

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Interest Rate4.00%
Down Payment$178,500 (30.0%)
* Minimum Canadian down payment required for this price is $34,500.
Amortization Period30 Years
Estimated Monthly Payment$1,981Based on a loan of $416,500 over 30 years.
Purchase Price$595,000
Loan Amount$416,500
Provincial Land Transfer Tax:$8,375
Total Estimated Closing Taxes:$8,375

About Purchasing a Home in Wellesley, ON

For a property listed at $595,000 in Wellesley, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wellesley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,207,928

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

Wellesley
Public1059 Queen's Bush Road, Wellesley, Ontario, N0B 2T0
6.5

Secondary Schools

No secondary schools data loaded.

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.