7 Blossom Place, Unit 97, Wilmot, ON

$739,900
MLS#:X9043477
2 beds
2 baths
1400-1599 sqft
4.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Bungalow leasehold condo located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $739,900 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 1400-1599 sqft
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, ERV/HRV, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Enjoy carefree living at 7 Blossom Pl, a custom Sheffield Model in the Active Adult Lifestyle Community of Morningside! Nestled on a private, premium lot AND FULLY RENOVATED, this 2-bedroom, 2-bathroom home spans 1,435 sqft. Essential updates ensure peace of mind: roof (2021), windows (2023), high-efficiency furnace (2017) and central air (2017). Additional highlights include an updated kitchen with cherry cabinets, stone countertops, updated flooring, double car garage, composite deck, concrete driveway, aggregate walkway AND MORE. Please request a copy of our feature sheet for more details. Relax in the living room by the gas fireplace or entertain in the formal dining area. The bonus room at the back of the layout offers serene views of the rear yard and enjoy the convenience of main-floor laundry. The primary suite provides access to your rear deck and includes a spacious walk-through closet and a fully updated 3-piece ensuite with a walk-in glass shower. The multipurpose room and guest bedroom add versatility, while the main bathroom has also undergone a full renovation. The Village Centre and The Shed amenities enhance the lifestyle with an indoor swimming pool, fitness room, shuffleboard courts, woodworking shop, library, and more. Lawn maintenance, snow removal and more are included! Schedule your viewing today and discover all this wonderful community has to offer!

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Property Summary

This condo apartment located at 7 Blossom Place, Wilmot is currently for sale and has been available on SousaSells for 728 days. This property is listed at $739,900 with an estimated mortgage of $2,463* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 square feet. 7 Blossom Place, Wilmot

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 8, 2024
Sold price information is available to members only
Listed Date7/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeLeasehold Condo
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space
CountyWaterloo
Annual Tax$2,075.54

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Rec./Commun.Centre, River/Stream

Interior Features

Central Vacuum, ERV/HRV, Water Heater Owned

Security Features

Community Features

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Location

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7 Blossom Place, Unit 97, 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 7 Blossom Place, Wilmot, ON N3A 2E8

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 Rate4.00%
Down Payment$221,970 (30.0%)
* Minimum Canadian down payment required for this price is $48,990.
Amortization Period30 Years
Estimated Monthly Payment$2,463Based on a loan of $517,930 over 30 years.
Purchase Price$739,900
Loan Amount$517,930
Provincial Land Transfer Tax:$11,273
Total Estimated Closing Taxes:$11,273

About Purchasing a Home in Wilmot, ON

For a property listed at $739,900 in Wilmot, the legal minimum down payment is $48,990 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 $11,273 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 $11,273.

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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.