Patio, forest/trees view for 489 Wilmot Line, Waterloo Ontario N2J 3Z4
3 days on Market

489 Wilmot Line, Waterloo, Ontario N2J 3Z4

Detached
3
4 + 1
~3960 sqft
$2,195,000
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Detached
3
4 + 1
~3960 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$554/sqft

Monthly cost

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CMA Subject Property

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+17

Properties sold*

$890K

Median sold price*

*Based on last 30 days

Description

For the first time, this hidden gem is being offered for sale! An extraordinary opportunity to own nearly 9.5 acres of rolling countryside on the line dividing Waterloo and Wilmot. Down a private treelined laneway, the property opens to a serene bungalow perched atop the land, capturing sweeping views of colourful trees, ravines, and open skies. A true private oasis where tranquility and natural beauty surround you. Once part of the historic Tamarack Ski Club, this property carries a sense of community legacy while offering endless potential. Whether you imagine horses grazing, vineyard rows, hobby farming, or simply preserving it as your retreat, the possibilities are as boundless as the views. The nearly 1,900 sq. ft. bungalow offers 3 bedrooms and 3.5 baths. Over the past decade, renowned Country Lane Builders and Homestead Woodworking have completed high-end updates to the home, enhancing both comfort and timeless style. Notable features include four fireplaces, built-in cabinetry, triple car garage, wrap-around terrace for sunsets and panoramic views. The sun-filled library could be converted back into a primary bedroom with walk-in closet and ensuite potential, ideal for future customization. The above grade lower-level features a recreational room, games area, kitchenette, four-season sunroom with fireplace, and private bedroom quarters. An elevator provides accessibility, while main-floor laundry and a separate mudroom off the garage, add practicality. Outdoors, the terrace extends your living space into nature, and the circular driveway offers convenience for guests. Overlooking Schneider’s Bush Trail Head, enjoy direct access to one of the region’s most beloved natural areas for hiking and cross-country skiing. This location delivers the best of both worlds: a rural retreat just minutes from Waterloo’s Boardwalk shopping. With its natural beauty, history, and unbeatable location, this once-in-a-lifetime offering must be seen to be appreciated.


Property Details

StyleBungaloft
ViewForest, Hills, Meadow, Panoramic, Trees/Woods, Valley
Age of property1970
SqFt~3960 SqFt
Lot Size-
Parking Spaces13
MLS ®Number40775811
Community NameWilmot
Data SourceITSO
Listing byChestnut Park Realty Southwestern Ontario Ltd., Brokerage

Features

Heating: Fireplace-Propane, Oil Hot Water
Cooling: Ductless, Wall Unit(s)
Basement: Separate Entrance, Walk-Out Access, Full, Finished

Second Floor

Bathroom

2-Piece

Bathroom

4-Piece

Family Room

5.38 x 3.91

Library

7.34 x 3.81


Features

Septic Tank

Parking

Garage spaces 3

Garage type -

Other parking spaces 10

Total parking spaces 13


Property History

Oct 13, 2025
ListedActive
$2,195,000
3 days on market
history photo preview49
Listing by itso®

Market Data - Wilmot

Geo Zone Map ThumbnailWilmot

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

40 days

2023

21 days

2022

35 days

New Listings

Past 30 days

29 listings

Compared to

2024

34 listings

2023

45 listings

2022

28 listings

Units sold

Past 30 days

13 units

Compared to

2024

17 units

2023

28 units

2022

14 units

Median Sold Price

Past 30 days

$870,000

Compared to

2024

$890,000

2023

$935,000

2022

$815,000


Population and Demographics

Overview

Total population 23854
Average household income $144,727

Age (%)

0 to 19
26%
20 to 34
15%
35 to 49
20%
50 to 64
19%
65 and plus
20%

Household composition (%)

Single family
80%
Single person
18%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
90%
Others
7%
German
2%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget