OVER 3,500 SQ. FT. OF Finished living space! Discover exceptional space, quality and versatility in this beautifully finished bungalow in the desirable community of Wellesley. Offering approximately 1,871 sq. ft. above grade plus 1,689 sq. ft. of finished lower-level living space, this home is ideal for those seeking generous one-level living with outstanding multigenerational or in-law potential.The bright and spacious main floor features 10-ft ceilings, hardwood flooring, a beautifully appointed kitchen with granite counters and abundant cabinetry, and inviting living and dining spaces designed for both everyday comfort and entertaining. The primary suite offers a private retreat with ensuite bath, while a second bedroom, additional bath and convenient main-floor laundry complete the level.The impressive walkout lower level dramatically expands the possibilities. Featuring full-size windows, a separate entrance, wet bar, 4-piece bathroom, second laundry area and a huge open recreation/living space, it offers excellent flexibility for extended family, guests, entertaining, home office or potential in-law accommodation. Walk directly out to the covered patio and backyard.With approximately 3,560 sq. ft. of finished living space, an attached garage, quality finishes and a versatile layout rarely found in a bungalow, this home offers exceptional value for buyers who need room to live, work and gather-all in the welcoming community of Wellesley.A bungalow that lives much larger than it looks-come experience the space and possibilities for yourself!
2 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $693 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 119 Gerber Meadows Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Development Potential, Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Development Potential · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
119 Gerber Meadows Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13739134$1,039,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 119 Gerber Meadows Dr Compares to the Wellesley Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,104
/mo
based on the purchase price of $1,039,000
$207,800 cash
$831,200 financed
$700,089 total interest
Principal54%$831,200
Interest46%$700,089
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Wellesley
Other 2–4 bed homes for sale in Wellesley around $1.0M.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio99.0%On average, homes sold below asking.
Active listings20Homes for sale here right now.
Median vs prior 90 days+18.2%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 24 sales from Jul 25 – Oct 23, 2026 (12 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 119 Gerber Meadows Dr
How much is 119 Gerber Meadows Dr listed for?
119 Gerber Meadows Dr is listed at $1,039,000 (MLS® X13739134). Summitly updates the price as soon as the MLS® record changes.
Is $1,039,000 a good price for 119 Gerber Meadows Dr?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Wellesley. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 119 Gerber Meadows Dr changed?
No — 119 Gerber Meadows Dr is still listed at its original asking price of $1,039,000.
How many bedrooms and bathrooms does 119 Gerber Meadows Dr have?
119 Gerber Meadows Dr has 2 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Wellesley.
How much would the monthly mortgage be on 119 Gerber Meadows Dr?
About $5,104 a month — principal and interest on $1,039,000 with 20% down ($207,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 119 Gerber Meadows Dr compare with other homes in Wellesley?
Its asking price of $1,039,000 is about 13% above the median sold price in Wellesley over the last 90 days, $917,500, across 24 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 119 Gerber Meadows Dr been sold before?
Summitly has no earlier MLS® sale or lease of 119 Gerber Meadows Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 119 Gerber Meadows Dr?
119 Gerber Meadows Dr is in Wellesley, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 119 Gerber Meadows Dr been on the market?
51 days — 119 Gerber Meadows Dr was listed on September 2, 2026.
What is the price per square foot of 119 Gerber Meadows Dr?
About $520 to $693 per square foot: the asking price of $1,039,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 119 Gerber Meadows Dr have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 119 Gerber Meadows Dr have a basement, and is it finished?
The listing describes the basement as: Development Potential, Finished with Walk-Out.
