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 $959,900 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.
Beautiful and Lovingly maintained Ron Stroh custom built all brick bungalow in a sought after area in the community of Wellesley. This CAPTIVATING home boasts an attractive open concept floor plan featuring NEW luxury vinyl plank floors throughout, a beautiful stained maple custom kitchen with granite counter tops, glass tile backsplash, stainless steel appliances. There is lots of storage and workspace and huge island open to the gracious great room with California shutters, large windows flanking the cozy gas fireplace with stone surround. Garden Doors lead to a large covered composite deck overlooking the fully fenced yard. Enjoy summer evenings visiting with friends on the deck or the spacious pavestone patio with built in firepit...quiet and serene setting. You'll appreciate the convenience of the main floor laundry accessible off garage. The second main floor bedroom with spacious closet could also serve as a home office/den. Relax and unwind in the tranquil primary bedroom retreat with walk-in closet with custom built-ins, with patio door to rear covered deck and inviting 5 pc ensuite bath with double sinks and tub/shower with surround, maple cabinetry along with updated mirrors, fixtures, lighting and hardware. Be comfy-cozy by the rustic fireplace with brick surround in the spacious rec room designed for informal gatherings with space for a pool table/quilting table, games area etc. The basement also features (2) additional roomy bedrooms with windows and closets as well as laminate flooring, a full 4 pc bath, additional storage, cold room and utility room as well as a walk up/staircase to an insulated double garage with both inside access to the home and man door to the East side of the property! Desirably located close to scenic walking trails, and the meandering Nith River. Within walking distance to the school, park and community centre. All located within an easy commute of Waterloo.
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This detached home located at 98 Gerber Meadows Drive, Wellesley is currently for sale and has been available on SousaSells for 414 days. This property is listed at $959,900 with an estimated mortgage of $3,195* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 98 Gerber Meadows Drive, Wellesley
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Auto Garage Door Remote, ERV/HRV, Sump Pump, Water Heater, Water Softener
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Data-driven valuation for 98 Gerber Meadows Drive, Wellesley, ON N0B 2T0
Based on 0 recent similar sales in the pocket.
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 $959,900 in Wellesley, the legal minimum down payment is $70,990 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 $15,673 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 $15,673.
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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.