498 Fairview Street, Wilmot, ON

$1,399,900
MLS#:X12175412
5 beds
4 baths
2000-2500 sqft
9.5 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Wilmot. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 98.75 x 713.79 ft lot
  • Features a ["finished with walk-out", "apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.5 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Air Exchanger, Auto Garage Door Remote
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 498 Fairview Street in New Hamburg a rare opportunity to own 1.59 acres backing onto the Nith River, where seasonal docks and boating are allowed. Lovingly maintained by the original owners, this spacious walkout bungalow and in-law suite offers over 3,900 sq ft of finished living space ideal for multigenerational living. Enjoy summer in the 18 x 36 inground pool with new liner (2022) and heater (2024), surrounded by a stamped concrete patio and lush gardens. With over 700 feet of depth, the property offers exceptional privacy and river access. The main floor features a bright living room with gas fireplace and stunning backyard views, plus a functional kitchen with gas stove, stainless steel appliances, walk-in pantry, and generous storage. The primary suite includes a 5-piece ensuite, walk-in closet, and updated engineered hardwood flooring. Two more bedrooms, a 4-piece bath, laundry and a versatile loft space perfect as a fourth bedroom, office, or rec room complete the main floor layout. An oversized double car garage and parking serve the main home, while a section of driveway leads to the in-law suite garage with additional parking. The walkout basement doesn't feel like a basement at all with 9 ceilings, large windows, and multiple access points. The 2-bedroom in-law suite is bright and welcoming including its own eat-in kitchen, 4-piece bathroom with walk-in shower, fireplace, private single-car garage, and multiple points of egress. Separate to the in-law suite is an additional rec room and bathroom, perfectly located for poolside use. Located minutes to downtown New Hamburg, restaurants, schools, parks, and more this is a rare multigenerational property with space, functionality, and scenic living by the river.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 6, 2025
Sold price information is available to members only
Listed Date5/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size98.75 × 713.79 Feet
CountyWaterloo
Annual Tax$8,479.15
Legal DescriptionPT LT 24 CON S OF BLEAM'S RD WILMOT PT 2, 58R7662; WILMOT

Parking & Garage

Parking Spaces9.5
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

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

Community Features

Location

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498 Fairview Street, 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 498 Fairview Street, Wilmot, ON N3A 1M7

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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Financial Audit

Estimated Costs

Loan Amount$1,119,920
Monthly Mortgage$6,507
Property Tax (Est.)$707
Utilities & Maint.$350
Total Monthly Cost$7,564

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Wilmot.

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$1,054,122

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

Sir Adam Beck
Public1140 Snyder's Road West, Wilmot, Ontario, N3A 0A8
6.0
Baden
Public155 Livingston Boulevard, Wilmot, Ontario, N3A 4M6
6.5
Forest Glen New
Public437 Waterloo Street, Wilmot, Ontario, N3A 1S9
6.7
Holy Family New
Public313 Huron Street, Wilmot, Ontario, N3A 1K3
5.9
Grandview New
PublicGrandview Avenue, Wilmot, Ontario, N3A 1K4
8.4

Secondary Schools

Waterloo
Public1206 Snyder's Road West, Wilmot, Ontario, N3A 1A4
6.2
Waterloo-Oxford
Public1206 Snyder's Road West, Wilmot, Ontario, N3A 1A4
5.9

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.