2 Riverview Place, Wilmot, ON

$550,000
MLS#:X12761638
2 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $550,000 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 1100-1500 sqft on a spacious lot (Feet)
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 2 Riverview Place, quietly nestled within the Morningside Active Lifestyle Retirement Community in the charming town of New Hamburg. This Sheffield Model accessible bungalow offers over 1,400 sq. ft. of thoughtfully designed living space, ideal for those looking to downsize without compromising on comfort. This home features two bedrooms and two bathrooms, with a well-appointed main floor that includes a spacious kitchen with dinette, an open-concept dining and living area, and a bright four-season sunroom perfect for year-round enjoyment. A four-piece bathroom is conveniently located near the secondary bedroom, while the generous primary suite offers its own ensuite bath and attached laundry for everyday ease. Direct access to the single-wide garage makes grocery trips and winter months especially convenient. Morningside Village is a picturesque and welcoming 50+ community, offering serene, country-style living across 120 acres of beautifully maintained green space. Residents enjoy access to a recreation centre with a wide range of leisure activities, social clubs, and community events. The Shed-one of two facility buildings-features a library, poker room, office, and spaces available for private family gatherings. Life at Morningside is about more than scenic surroundings and thoughtful amenities-it's the warmth, friendliness, and strong sense of community that truly make it feel like home

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Property Summary

This detached home located at 2 Riverview Place, Wilmot is currently for sale and has been available on SousaSells for 161 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 2 Riverview Place, Wilmot

* 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
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 25, 2026
Sold price information is available to members only
Listed Date2/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementNone
CountyWaterloo
Annual Tax$0
Legal DescriptionLot 74- 2 Riverview Place, New Hamburg ON, N3A 2E8

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Place Of Worship, Library, Park

Interior Features

Primary Bedroom - Main Floor, Water Softener

Security Features

Community Features

Location

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2 Riverview Place, Wilmot, 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 2 Riverview Place, Wilmot, ON N3A 2E8

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 Wilmot.

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Wilmot, ON

For a property listed at $550,000 in Wilmot, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,146,376

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

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Secondary Schools

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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.