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Property Type: Detached HouseOwnership: Freehold
246 JACOB STREET
Wilmot, ON N3A1B9
MLS® X13785474
$537,500
3 bed2.5 bath2 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 37.7 x 112.4 FT
- Frontage
- 37.8 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,040 (2025)
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Description
Charming 3 bedroom yellow brick home on a nice street close to the downtown core. Priced for action, this 1,700 square foot home would benefit your sweat equity. Built in 1910, a lot of the original woodwork is still present and in good condition. Owned by the current family since 1973 and now available for you to make it your own. Enjoy the great sized private backyard surrounded by great neighbours. The home is not in the GRCA flood zone. Mutual laneway with private section at the back. (id:63159)
Listing Information
- MLS®
- X13785474
- Tax assessment year
- 2025
- Data last synced
- September 15, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X13785474
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Location Insights
Weather
Nearest station: Stratford
8°C
Fog
Humidity 100%
Wind ESE 4 km/h
Today
18°
Tonight
6°
Friday
11°
Friday night
0°
Saturday
15°
Saturday night
5°
Source: Environment and Climate Change Canada.
Population
22,398
(2021 Census)
+3.9% since 2016
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Mortgage & Ownership Cost Calculator
Minimum required: 5.3% ($28,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$430,000.00
Periodic payment — Principal & Interest (monthly)$2,774.21
Additional monthly expenses (condo fees, tax, utilities, etc.)$253.33
Total monthly cost$3,027.55
Interest paid over 5-yr term$123,239.24
Balance at end of term$386,786.39
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$28,750
Stress test qualifying rate8.19%
Payment you must qualify for$3,944.72
Cash Needed at Closing
Minimum down payment$28,750
Estimated Land Transfer Tax (LTT)$7,225
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,475
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
