40 Riverside Drive, Wilmot, ON
Property no longer active
This property was sold on December 29, 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 Wilmot. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $875,000 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 63.02 x 130.07 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled on a quiet, highly sought-after street overlooking New Hamburg, this beautifully updated bungalow offers rare western exposure with serene views of the Nith River and the fairgrounds. Ideal for commuters, the home provides quick and easy access to Highway 8, making travel to Kitchener-Waterloo or Stratford effortless while still enjoying the charm of small-town living. This 3-bedroom, 2-bath home has been thoughtfully modernized throughout and sits on a stunning, entertainer's dream property. The backyard is truly exceptional - featuring a sparkling pool, landscaped green space, multiple seating areas, and breathtaking vistas. The detached garage is a standout, complete with its own bathroom for poolside convenience, in-floor heating powered by a high-efficiency Viessmann boiler, a heat pump for year-round comfort, and a top-of-the-line workshop perfect for hobbyists or large projects. Major updates include the backyard and garage construction (2015), new windows and entry doors (2016), roof (2018), solid wood interior doors (2018), basement beam installation and finishing (2019), a gas stove (2023), office completion (2024), and a new water softener and filtration system (2025). Additional highlights include an owned water heater (2018) and a Viessmann boiler that also heats the pool in the summer. This is a rare opportunity to own a move-in-ready home with an incredible setting, unmatched outdoor living, and a prime location for both convenience and lifestyle.
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Property Summary
This detached home located at 40 Riverside Drive, Wilmot is currently for sale and has been available on SousaSells for 227 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 40 Riverside Drive, Wilmot
* 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
Interior Features
Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage, Water Heater, Water Softener
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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 Riverside Drive, Wilmot, ON N3A 2H6
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 Wilmot, ON
For a property listed at $875,000 in Wilmot, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.
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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.