8 Shirefield Lane, Unit 45, Wilmot, ON

$1,069,900
MLS#:X9237447
4 beds
3 baths
1400-1599 sqft
4.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on August 8, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow common element condo located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,069,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a finished with walk-out, separate entrance 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: Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 8 Shirefield Ln, a Woodsmuir model in the desirable Stonecroft community! This carpet free property features an open concept design with a basement walkout, heated and insulated four seasons room, elevated deck and metal roof. The main floor boasts Brazilian cherry floors with two bright bedrooms and bathrooms, with the primary suite offering an ensuite, walk-in closet, and rear yard views. The spacious kitchen includes a built-in oven, plenty of counter space, and ample cabinetry with pull out drawers. This level is complemented by the gas fireplace in the living room and convenient main floor laundry room featuring a large pantry. The fully finished walkout basement provides two multipurpose rooms with full-sized egress windows, a large recreation room, and a 3-piece bathroom, adding versatility to the living space. Stonecroft provides an impressive array of amenities including a 18,000 sq. ft. recreation center with an indoor pool, fitness room, games and media rooms, library, party room, billiards, two outdoor tennis courts, and 5 km of picturesque walking trails. Designed for an adult lifestyle with quality homes and extraordinary green spaces, you won't want to miss the chance to join this fantastic community. Come live the lifestyle at Stonecroft!

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Property Summary

This condo apartment located at 8 Shirefield Lane, Wilmot is currently for sale and has been available on SousaSells for 714 days. This property is listed at $1,069,900 with an estimated mortgage of $3,561* per month. It has 4 beds, 3 bathrooms, and is 1400-1599 square feet. 8 Shirefield Lane, Wilmot

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

Key Features

Bedrooms
4
Bathrooms
3
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 Date8/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleBungalow
ConstructionBrick Front
BasementFinished with Walk-Out, Separate Entrance
CountyWaterloo
Annual Tax$5,034

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, Place Of Worship, Rec./Commun.Centre, Wooded/Treed, Golf, Library

Interior Features

Sump Pump

Security Features

Community Features

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Location

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8 Shirefield Lane, Unit 45, 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 8 Shirefield Lane 45, Wilmot, ON N3A 4L9

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$320,970 (30.0%)
* Minimum Canadian down payment required for this price is $213,980.
Amortization Period30 Years
Estimated Monthly Payment$3,561Based on a loan of $748,930 over 30 years.
Purchase Price$1,069,900
Loan Amount$748,930
Provincial Land Transfer Tax:$17,873
Total Estimated Closing Taxes:$17,873

About Purchasing a Home in Wilmot, ON

For a property listed at $1,069,900 in Wilmot, the legal minimum down payment is $213,980 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 $17,873 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 $17,873.

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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.