1040 Rivers Edge Drive, Woolwich, ON
Property no longer active
This property was sold on February 4, 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 Woolwich. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,500,000 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 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 285.35 x 182.63 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient carport configuration
- Notable attributes: ERV/HRV, In-Law Capability, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via ground source
Description
This a very private acre of property on the rural side of West Montroses historic covered bridge. Surrounded by towering mature trees and wooded hill embracing the back and side of the house, the neighbours are there but barely. This custom all-brick BUNGALOW has a large front and side yard, plus a back yard with two outbuildings. A lovely pond with waterfall feature contains goldfish/koi and also attracts an abundance of wildlife. Outbuildings include a garden shed, and rustic Bunkie with doors opening to a view of the pond and huge windows so guests can awaken to natures splendor. Hand-scraped hardwood floors throughout the main level, plus three plush carpeted bedrooms and tiled bathroom. Custom wood panel ceiling in the living room, and professional decorative plaster ceilings in most other rooms. The extra-large windows in the living room and dining room give ample natural light and amazing views of the property. There is a full basement with finished rec room featuring laminate floors and gas fireplace. The rest of the basement is fully drywalled with high ceilings, and has a walk-up SEPARATE ENTRANCE to the garage for IN-LAW SUITE potential. New flex pipe has been run throughout the house. Water systems include iron filter, softener, and on-demand water heater. Heating & cooling by geothermal system, with an electric back-up furnace and HRV air exchanger. Added peace of mind from a wood fireplace with insert in living room. There is also a huge double-wide garage with a natural gas heater, plus plenty of lights and hydro outlets. Outside the garage is a two-vehicle carport and an enclosed hot tub area. A path leads through the trees to yet another building with metal roof that can be used as a studio, workshop whatever your heart desires. It has hydro and a roughed-in woodstove. Consider the potential! Nearby to water activities, 45km long Kissing Bridge trail, central to K-W, Guelph, Elmira, Fergus-Elora, and just 40 mins to the 401. Book your showing!
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Property Summary
This detached home located at 1040 Rivers Edge Drive, Woolwich is currently for sale and has been available on SousaSells for 555 days. This property is listed at $1,500,000 with an estimated mortgage of $4,993* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 1040 Rivers Edge Drive, Woolwich
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Woolwich.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Woolwich.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- Greenbelt/Conservation
- River/Stream
- School Bus Route
Interior Features
- ERV/HRV
- In-Law Capability
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Water Softener
- Water Treatment
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 1040 Rivers Edge Drive, Woolwich, ON
Q.What is the asking price for 1040 Rivers Edge Drive, Woolwich, ON ?
The current listing price for 1040 Rivers Edge Drive, Woolwich, ON in Woolwich is $1,500,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 1500-2000 sqft.
Q.What property type and architectural style is 1040 Rivers Edge Drive, Woolwich, ON ?
1040 Rivers Edge Drive, Woolwich, ON is a Detached (Bungalow) featuring a Full, Partially Finished basement.
Q.What key property features does 1040 Rivers Edge Drive, Woolwich, ON offer?
Key property features include: Golf, Greenbelt/Conservation, River/Stream, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: ERV/HRV, In-Law Capability, On Demand Water Heater, Primary Bedroom - Main Floor, Water Softener, Water Treatment.
Q.What security features are installed at 1040 Rivers Edge Drive, Woolwich, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Ground Source and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 1040 Rivers Edge Drive, Woolwich, ON N0B 2V0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Woolwich, ON
For a property listed at $1,500,000 in Woolwich, the legal minimum down payment is $300,000 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 $26,475 for this transaction. As this listing is in Woolwich (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,475.
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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.