187 Jacob Street, Wilmot, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $549,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 40.92 x 165 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in a quiet, highly desirable neighborhood in the charming town of New Hamburg, this solid two-story home features three bedrooms upstairs and two full bathrooms. Affordable and well-kept, this property is close to Highway 7/8 for an easy commute to Kitchener-Waterloo, and sits within easy walking distance to downtown grocery stores, banks, shopping, and restaurants. Inside, you'll find a functional layout with a cozy living space with a decorative ethanol fireplace. The home is packed with excellent mechanical and structural upgrades, including a new dishwasher (2022), a new water softener (2022), new eavestroughs (2025), and a 2019 roof featuring 50-year shingles. Complete with an owned on-demand water heater, central vac, a fully fenced yard, and a garden shed equipped with electricity, this property offers incredible value.
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Pricing & Value Insights
Data-driven valuation for 187 Jacob Street, Wilmot, ON N3A 1C5
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About Purchasing a Home in Wilmot, ON
For a property listed at $549,000 in Wilmot, the legal minimum down payment is $29,900 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 $7,455 for this transaction. As this listing is in Wilmot (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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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.