489 Northlake Drive, Waterloo, ON

$749,900
MLS#:X12962948
3 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 4"] detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 111 ft lot
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Your search is over, your next home awaits in Desirable Lakeshore North! Welcome to 489 Northlake Drive - a spacious 4-level backsplit nestled in one of Waterloo's most sought-after, family-friendly neighborhoods. Offering over 2,000 sq/ft of finished living space, this home combines comfort, functionality, and incredible opportunity. Featuring 4 bedrooms, 2 full bathrooms, a double-car garage, and parking for 2 additional vehicles, this home is perfect for growing families or anyone looking for flexible living space. Step inside to a bright and inviting main floor, where a sun-filled living room with a large bay window creates a warm and welcoming atmosphere. The adjoining dining area is ideal for family meals and entertaining. The eat-in kitchen offers ample cabinet and counter space, along with a walkout to a large deck complete with a hot tub - perfect for summer BBQs, relaxing evenings, and outdoor gatherings. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom. The lower level features a spacious yet cozy family room with a gas fireplace, along with a convenient 3-piece bathroom. The basement adds even more versatility with a rec room, a fourth bedroom, and plenty of storage space. With just a few cosmetic updates this property offers a fantastic opportunity to customize and truly make it your forever home. Ideally located near top-rated schools, parks, walking trails, shopping, universities, public transit, the Farmers Market and Laurel Creek Conservation Area, all the amenities that make Lakeshore North one of the most sought-after communities in the area including easy access to major highways. Don't miss your chance to own a great family home in a highly desirable community - book your private showing today!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 30, 2026
Sold price information is available to members only
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size50 × 111 Feet
CountyWaterloo
Annual Tax$4,973
Legal DescriptionLT 40 PL 1631 CITY OF WATERLOO; S/T 885978; WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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489 Northlake Drive, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 489 Northlake Drive, Waterloo, ON N2V 1V5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$599,920
Monthly Mortgage$3,486
Property Tax (Est.)$414
Utilities & Maint.$350
Total Monthly Cost$4,250

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,795

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.