2990 Lobsinger Line, Woolwich

$549,900
2990 Lobsinger Line

$549,900

New
25d
Detached1 1/2 Storey

2990 Lobsinger Line, Woolwich

Total Monthly Obligation $2,865

Beds
2
Baths
1
Park
2
Sqft
1100-1500
DOM
25d
Yield
6.6%
Cash on Cash
4.5%
Cap Rate
5.5%
5Y IRR
19.1%
10Y IRR
17.5%
Property Type-Detached
MLS® Number-X13836110
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-44.46 × 127.5 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,264 (2026)
Parking-3 - Detached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-Red And White Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Septic
Possession-Flexible, prefer 90+
Title-Residential Freehold

No agent assigned

Full of character and possibility, this 1.5-storey century home is located in the desirable village of Heidelberg, just minutes from St. Jacobs and Waterloo. The upper level currently offers two bedrooms, with the original 3 bedroom layout partially opened into one a larger space between two bedrooms that could be enclosed again. A main-floor den (previously used as a bedroom), adds even more flexibility. The large open concept kitchen and dining room are the perfect place for holiday dinners or gathering after school or work. The sunken living room is bright and sunny, leading outside to a fenced yard with a deck and an oversized detached garage (with separate panel in 2021) offering abundant space for storage, woodworking, a home gym or hobbies. With the roof already replaced (2024/2026), plumping updated and plenty of opportunity for further updates (some newer windows, furnace/AC 2019, Water Softener 2021, some newer windows 2019) to add your own finishing touches, this is a wonderful chance to personalize a character home in a sought-after location close to lots of amenities while still keeping that small town feel.

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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,865/mo
Mortgage $2,218
Monthly Loss $2,281
Principal$584
Interest$1,634
Property Tax$272
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2990 Lobsinger Line

Time

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