62 Water Street, Wilmot, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Wilmot. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 102.02 x 120.7 ft lot size
Description
Build your dream home on one of Waterloo Region's most exceptional lakefront properties. Nestled in the peaceful community of New Dundee, this rare offering features over 100 feet of pristine shoreline on beautiful Alder Lake, providing the perfect setting for a custom waterfront retreat just 20 minutes from Uptown Waterloo. Now fully cleared and ready for construction, this spectacular lot offers a blank canvas to create the home you've always envisioned. Whether you're dreaming of a year-round residence or a peaceful getaway with cottage-like charm, the possibilities are endless. Wake up to tranquil lake views, enjoy kayaking or paddleboarding from your own backyard, and experience the serenity of waterfront living without sacrificing convenience. Ideally situated near Dundee Country Club and just around the corner from New Dundee Public School, and just minutes from shopping, dining, and everyday amenities this property combines an unbeatable location with an extraordinary lifestyle. Opportunities like this are incredibly rare. Secure your piece of Waterloo Region's waterfront and bring your dream home to life on the shores of Alder Lake.
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Property Summary
This vacant land located at 62 Water Street, Wilmot is currently for sale and has been available on SousaSells for 0 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 62 Water Street, Wilmot
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wilmot.
- •Desirable Vacant Land architecture in Wilmot
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake/Pond
- Place Of Worship
- School
- Rec./Commun.Centre
- Park
- Lake Access
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 62 Water Street, Wilmot, ON
Q.What is the asking price for 62 Water Street, Wilmot, ON ?
The current listing price for 62 Water Street, Wilmot, ON in Wilmot is $699,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 62 Water Street, Wilmot, ON ?
62 Water Street, Wilmot, ON is a Vacant Land () featuring a basement.
Q.What key property features does 62 Water Street, Wilmot, ON offer?
Key property features include: Lake/Pond, Place Of Worship, School, Rec./Commun.Centre, Park, Lake Access.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 62 Water Street, Wilmot, ON N0B 2E0
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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 $699,000 in Wilmot, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.