$699,000
Wilmot
62 Water Street, Wilmot, Ontario, N0B2E0
This lot in Wilmot is for sale. It has been on the market 83 days, fresher than the Wilmot average of 87 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 83 days on market, against an average age of 87 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.3 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Wilmot has been listed for 83 days, which is 4 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 5.8× the local median household income of $120,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0B)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.
Check your site with PreBuildIQ →