Skip to main content
62 Water Street

62 Water Street

Wilmot, ON

  • Vacant Land
  • 38 days on market
$699,000

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.

Listing Details

Taxes (2025)
$3,467
Listed
August 13, 2026

Price History

Property

Lot Size
102.02 x 120.7 Feet

Utilities

Sewer
Septic

Location & Legal

Cross Street
Queen St and Bridge St
Parcel Number
222070069
Possession
Flexible
Occupancy
Vacant

Waterfront

Water Body
Alder Lake
Shoreline
Unknown
Docking
Private

Schools

Elementary

  • New Dundee Public School0.5 km

    Public · Waterloo Region DSB · 165 students

    Grade 3 reading: 95% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • John Sweeney Catholic Elementary School4.8 km

    Catholic · Waterloo CDSB · 720 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 72% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0B

Population
86,919
Private dwellings
31,269
Median age
42.8
Average household size
2.9
Median household income
$120,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Wilmot · last 12 months

Median sold price
$870,000
Homes sold
173
Median days on market
25
Sale-to-list price
98.7%

Based on 173 recorded sales of residential freehold properties in Wilmot over the last 12 months.

Listed by

CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$139,800

Estimated Monthly Payment

$3,434

Land transfer tax

Estimated land transfer tax$10,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,434/mo (20% down, 5.5%)

Taxes: $289/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences