362 Fairview Street, Unit 109, Wilmot, ON

$899,999
MLS#:X12166530
2 beds
4 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $899,999 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 4 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Garburator
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WALK OUT UNIT BACKING ONTO THE NITH RIVER. Welcome to this stunning, custom-built luxury townhome, offering 2,367 sq ft of refined living space across three fully finished levels, all backing directly onto the tranquil Nith River. Designed with sophistication and comfort in mind, this home features two expansive bedroom suiteseach with private ensuites boasting soaker tubs, walk-in showers, and custom walk-in closets. Enjoy 9-ft ceilings on every floor, solid wood flooring, oak railings, and upscale finishes like Italian marble countertops. An elevator provides seamless access to all levels, including a gourmet kitchen with high-end appliances and a wet pantryperfect for entertaining. The open-concept main floor extends to a patio with panoramic river views, while the walk-out lower level offers a covered terrace and hot tub for relaxing year-round. A cozy rec room with a gas fireplace, two powder rooms, upper-level laundry, and energy-efficient ICF construction round out this exceptional home, which rarely requires heating or A/C. The attached garage fits a compact car, with the option to remove the pantry for full-size vehicle access. Whether its the incredible fishing, peaceful natural surroundings, or luxurious upgrades throughout, this riverfront gem delivers an unparalleled lifestyle. Book your private showing todayopportunities like this are rare!

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Property Summary

This townhouse located at 362 Fairview Street, Wilmot is currently for sale and has been available on SousaSells for 420 days. This property is listed at $899,999 with an estimated mortgage of $2,996* per month. It has 2 beds, 4 bathrooms, and is 1600-1799 square feet. 362 Fairview Street, Wilmot

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

Key Features

Bedrooms
2
Bathrooms
4
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 29, 2025
Sold price information is available to members only
Listed Date5/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
CountyWaterloo
Annual Tax$3,488

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, Garburator, Sump Pump, Upgraded Insulation, Water Heater Owned, Water Softener

Security Features

Community Features

Location

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362 Fairview Street, Unit 109, 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 362 Fairview Street 109, Wilmot, ON N3A 1M2

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$270,000 (30.0%)
* Minimum Canadian down payment required for this price is $65,000.
Amortization Period30 Years
Estimated Monthly Payment$2,996Based on a loan of $629,999 over 30 years.
Purchase Price$899,999
Loan Amount$629,999
Provincial Land Transfer Tax:$14,475
Total Estimated Closing Taxes:$14,475

About Purchasing a Home in Wilmot, ON

For a property listed at $899,999 in Wilmot, the legal minimum down payment is $65,000 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 $14,475 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 $14,475.

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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.