Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium wood and brick construction, this residence presents an exceptional opportunity offered at $1,470,000 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.
Architecturally Distinct Mid-Century Bungalow in Prestigious Beechwood. A rare opportunity to own a truly unique home in one of Waterloo's most sought-after neighbourhoods. Nestled within a private wooded enclave, this architecturally significant mid-century executive bungalow offers over 2,650 sq. ft. of thoughtfully designed living space and an exceptional connection to nature. Step inside and be captivated by soaring floor-to-ceiling windows that frame private views and fill the home with natural light. The spacious main level is designed for both everyday living and entertaining, featuring expansive principal rooms, a welcoming living and dining area with a striking double-sided fireplace, and multiple spaces to gather with family and friends. The lower level offers incredible flexibility with a walkout to the backyard, a large family room, two additional bedrooms or office, a full bathroom, and direct access to the garage-ideal for multi-generational living, guests, or a future in-law setup. Outside, enjoy your own private backyard retreat surrounded by mature trees, offering peace, privacy, and endless potential to create your dream outdoor oasis. Updates include windows, roof, hot water tank and boiler, electrical service, extensive landscaping. While some cosmetic updating may be desired, the home presents an outstanding opportunity to personalize a property with exceptional character in an unbeatable location. Virtual staging has been provided to show decorating potential. Situated just minutes from the University of Waterloo, top-rated schools, parks, trails, shopping, and amenities, this is a location rarely offered and highly coveted. Bring your vision and imagination or just move in-this remarkable Beechwood property is ready to become your forever home.
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Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 294 Algonquin Drive, Waterloo, ON N2L 2S8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $1,470,000 in Waterloo, the legal minimum down payment is $294,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,875 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $25,875.
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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.