5 Spruce Lane, Wilmot, ON

$625,000
MLS#:X12888500
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 vinyl siding construction, this residence presents an exceptional opportunity offered at $625,000 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)
  • Features a crawl space 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: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 5 Spruce Lane in Morningside Village - a secure, vibrant adult community combining small-town charm with city convenience. This well-maintained Devonshire model offers an ideal floor plan for everyday living and entertaining! The kitchen has plenty of storage and a center island, the living room is open to the dining area, and there is a cozy sunroom with a gas fireplace and California Shutters that is a perfect spot to relax. The large primary bedroom includes a 4-piece ensuite and walk-in closet; there is a second bedroom with generous closet space, a 3-piece bathroom, and main-floor laundry. Enjoy bird watching and extended living space in the gazebo on the back deck during the warmer months. An enclosed porch provides convenient entry to the garage as well as easy access to the huge basement can be found in the back of the garage. There is ample parking in the double driveway as well as Visitors parking throughout the community. Minutes to Hwy 8 for easy commuting to Kitchener-Waterloo and Stratford. Community Amenities include: Indoor pool, fitness room, woodworking shop, library, clubhouse, many clubs, shuffleboard, pickleball, social events, a community garden, walking/bike trails and more! Enjoy as many or as few amenities as you like - contact your agent for a private showing.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 27, 2026
Sold price information is available to members only
Listed Date3/16/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space
CountyWaterloo
Annual Tax$0
Legal DescriptionMorningside Community (River Meadow Homes Inc) Site Lot

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, River/Stream, Rec./Commun.Centre, Golf

Interior Features

Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Sump Pump, Water Treatment, Water Softener

Security Features

Community Features

Location

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5 Spruce Lane, 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 5 Spruce Lane, Wilmot, ON N3A 2G6

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.

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Interest Rate5.25%
Down Payment$37,500 (6.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period25 Years
Estimated Monthly Payment$3,501Based on a loan of $587,500 over 25 years.
Purchase Price$625,000
Loan Amount$587,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Wilmot, ON

For a property listed at $625,000 in Wilmot, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

Nearby Listings

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No current listings found in Wilmot.

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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$1,260,787

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.