281 WATERLOO Street, Wilmot, ON

$650,000
MLS#:X10780355
3 beds
3 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $650,000 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 3 Bathrooms
  • Generous living space spanning 700-1100 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned, Sump Pump, Air Exchanger
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your new home—a 3 Bedroom, 3 Bathroom Solid Brick semi-detached Bungalow that beautifully combines comfort and convenience. This inviting residence features a double wide concrete driveway leading to an attached single-car garage, ensuring ample parking for you and your guests. Step inside to a wide foyer complete with a closet. The eat-in kitchen has stainless steel appliance included, while the open dining and living room area boasts a see-through gas fireplace, creating a warm and cozy ambiance for gatherings. Retreat to the master bedroom, which features a private 3-piece ensuite bathroom for your convenience. The second main floor bedroom is equally impressive with a 4-piece cheater ensuite bathroom, making it ideal for family or guests. Enjoy the ease of main floor laundry, adding to the home’s practicality. The finished basement expands your living space with a spacious rec room equipped with a gas fireplace—perfect for movie nights or entertaining. You'll also find a private office, an additional bedroom, and a 3-piece bathroom, offering flexibility for guests or a growing family. The utility room provides extra storage for all your needs, and the hot water tank and water softener are owned for your peace of mind. Step outside to a large partially fenced backyard, featuring a storage shed and mature trees, providing a tranquil oasis for outdoor relaxation. Located conveniently close to parks, schools, and grocery stores. Don’t miss out on this fantastic opportunity—schedule your showing today and make this charming Bungalow your new home!

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Property Summary

This detached home located at 281 WATERLOO Street, Wilmot is currently for sale and has been available on SousaSells for 651 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 3 beds, 3 bathrooms, and is 700-1100 square feet. 281 WATERLOO Street, Wilmot

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementFinished, Full
CountyWaterloo
Annual Tax$3,411
Legal DescriptionPT LOT 167 & PT LANE PLAN 532A BEING PT 1 ON 58R-14046; WILMOT

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Fenced Yard

Interior Features

Water Heater Owned, Sump Pump, Air Exchanger, Water Softener, Central Vacuum

Security Features

Community Features

Location

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281 WATERLOO Street, 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 281 WATERLOO Street, Wilmot, ON N3A 1S5

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$195,000 (30.0%)
* Minimum Canadian down payment required for this price is $40,000.
Amortization Period30 Years
Estimated Monthly Payment$2,164Based on a loan of $455,000 over 30 years.
Purchase Price$650,000
Loan Amount$455,000
Provincial Land Transfer Tax:$9,475
Total Estimated Closing Taxes:$9,475

About Purchasing a Home in Wilmot, ON

For a property listed at $650,000 in Wilmot, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.

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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.