25 days on Market

498 Fairview St, Wilmot, Ontario N3A 1M7

Detached
3 + 2
4
~2000-2500 sqft
$1,494,900
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Detached
3 + 2
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$672/sqft

Est. Mortgage$6,420/mo

Tax Amount (2024)$8,479/yr

Days On Market25 days


Description

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.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size70,486 SqFt(713.79 x 98.75)
Parking Spaces9.5
MLS ®NumberX12175412
Community NameWilmot
Data SourceTRREB
Listing byPEAK REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O, Apartment

Main Floor

Bathroom

1.65 x 3.31

4 Pc Bath / Skylight

Bathroom

3.05 x 4.57

5 Pc Ensuite

Br

3.91 x 4.39

Br

4.39 x 3.31


Features

Lot size: 70,486 SqFt
Pool: Inground

Parking

Garage spaces 3.5

Garage type Attached

Other parking spaces 6

Total parking spaces 9.5


Property History

May 27, 2025
ListedActive
$1,494,900
25 days on market
history photo preview50
Listing by trreb®
Property listed by PEAK REALTY LTD., Brokerage

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Market Data - Wilmot

Geo Zone Map ThumbnailWilmot

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

21 days

2023

16 days

2022

11 days

New Listings

Past 30 days

36 listings

Compared to

2024

43 listings

2023

26 listings

2022

52 listings

Units sold

Past 30 days

20 units

Compared to

2024

34 units

2023

24 units

2022

29 units

Median Sold Price

Past 30 days

$839,000

Compared to

2024

$818,950

2023

$891,000

2022

$870,000


Population and Demographics

Overview

Total population 23854
Average household income $144,727

Age (%)

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

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