47 GERBER MEADOWS Drive, Wellesley, ON

$1,289,000
MLS#:X9043955
5 beds
4 baths
6.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on November 12, 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 $1,289,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Premium 62.11 x 128.61 ft lot size
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

EXPERIENCE THE EPITOME OF LUXURY LIVING IN THIS EXQUISITE "RON STROH" BUILT BUNGALOW LOCATED IN WELLESLEY. ENJOY THE PRESIGIOUS LOCATION, A 3 - CAR GARAGE, AND A FENCED YARD FOR PRIVACY IN THIS CHARMING CITY. INSIDE DISCOVER A DESIGNER KITCHEN WITH A CUSTOM GRANITE - TOPPED ISLAND, BOSCH APPLIANCES, A FAMILY ROOM WITH 11 FT CEILINGS AND A COZY GAS FIREPLACE. THE REST OF THE MAIN FLOOR FEATURES 9 FT CEILINGS, 3 BEDROOMS INCLUDING A SPACIOUS PRIMARY SUITE WITH A 4 - PIENCE ENSUITE AND WALK - IN CLOSET. THIS HOME ALSO FEATURES A DINING ROOM PERFECT FOR HOSTING GRAND GATHERINGS. THE BASEMENT BOASTS 4 SPACIOUS ROOMS, A 4 - PIECE BATHROOM, AND A WALK - UP TO THE BEAUTIFUL GARAGE THAT INCLUDES SEPARATE HEATING AND COLLING, EXPOXY FLOORS, BUILT - IN CABINETS, AND A BUILT IN POWER WASH SYSTEM FOR ADDED CONVENIENCE. OUTSIDE, INDULGE IN THE UPGRADED LANDSCAPING WITH EXPOSED AGGREGATE WALKWAYS, A COVERED PATIO, AND AN IRRIGATION SYSTEM TO ENSURE A LUSH AND MANICURED LAWN. DON'T MISS THIS IDEAL HOME!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 47 GERBER MEADOWS Drive, Wellesley is currently for sale and has been available on SousaSells for 729 days. This property is listed at $1,289,000 with an estimated mortgage of $4,291* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 47 GERBER MEADOWS Drive, Wellesley

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 12, 2024
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Walk-Up
Lot Size62.11 × 128.61 Feet
CountyWaterloo
Annual Tax$8,164.08
Legal DescriptionLOT 36, PLAN 58M557 SUBJECT TO AN EASEMENT FOR ENTRY AS IN WR904416 TOWNSHIP OF WELLESLEY

Parking & Garage

Parking Spaces6.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School

Interior Features

Other

Security Features

Community Features

Virtual Tours

Location

Initializing map...
47 GERBER MEADOWS Drive, 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 47 GERBER MEADOWS Drive, Wellesley, ON N0B 2T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$386,700 (30.0%)
* Minimum Canadian down payment required for this price is $257,800.
Amortization Period30 Years
Estimated Monthly Payment$4,291Based on a loan of $902,300 over 30 years.
Purchase Price$1,289,000
Loan Amount$902,300
Provincial Land Transfer Tax:$22,255
Total Estimated Closing Taxes:$22,255

About Purchasing a Home in Wellesley, ON

For a property listed at $1,289,000 in Wellesley, the legal minimum down payment is $257,800 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 $22,255 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 $22,255.

Similar Listings Nearby

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.