40 Wade Road, West Lincoln, ON
Property no longer active
This property was sold on October 27, 2025. 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 057 - Smithville. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 64.96 x 131.23 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Sump Pump, Water Heater, Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Opportunity knocks! Welcome to this 3-bedroom bungalow located just a short walk to several schools and Smithville's quaint downtown core. If you're a first time buyer, investor, downsizer, or young family looking to build instant sweat equity, this property is full of promise! Set on a mature 65 x 131 lot with a large 19 x 17 deck and gas BBQ hookup, plus a paved driveway with parking for two vehicles. The main floor is flooded with natural light, enhanced by a brand new front window (2024) and back patio door (2024) with a 25 year transferable warranty. On the main floor are three sizable bedrooms and a large 4-piece bathroom. Downstairs, the poured concrete foundation with high basement ceilings is ideal for a spacious rec room and has great potential to add additional bedrooms or a home office. Additional updates include new furnace (2024) and heat pump (2024), and shingles replaced approx. 2017. With over 1,600 square feet of finished living space, this solid home is full of potential and located in a family friendly neighbourhood!
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Property Summary
This detached home located at 40 Wade Road, West Lincoln is currently for sale and has been available on SousaSells for 346 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 40 Wade Road, West Lincoln is in the 057 - Smithville neighborhood.
* 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
Campground, Golf, Hospital, Library, Park, Place Of Worship
Interior Features
Sump Pump, Water Heater, Water Meter
Security Features
Smoke Detector
Community Features
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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 40 Wade Road, West Lincoln, ON L0R 2A0
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 West Lincoln, ON
For a property listed at $549,900 in West Lincoln, the legal minimum down payment is $29,990 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 $7,473 for this transaction. As this listing is in West Lincoln (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,473.
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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.