Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick veneer and wood construction, this residence presents an exceptional opportunity offered at $724,900 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.
Welcome to 401 Forest Hill Drive, Kitchener, a well-maintained four-level sidesplit situated on a large, private lot in the sought-after Forest Hill neighbourhood. Offering four bedrooms, two bathrooms, and a functional multi-level layout, this home presents an excellent opportunity for families, first-time buyers, or those looking to personalize a home in a mature, established community.The main floor features a bright living and dining area with large windows, maple hardwood flooring, and a kitchen with stainless steel appliances. Upstairs are three bedrooms and a four-piece bathroom.A few steps down from the main level, you'll find a fourth bedroom or home office, a two-piece bathroom, and a comfortable rec room with a gas fireplace and walkout to the covered patio and backyard. The basement offers laundry, utility and storage space, a cold cellar, and additional room for a workshop, home gym, or hobby area.Outside, enjoy a spacious backyard with mature gardens, a covered patio, a deck off the dining area, and partial fencing. An attached one-car garage and driveway parking for four vehicles provide plenty of space for family and guests.Ideally located in Kitchener's desirable Forest Hill neighbourhood, you'll enjoy mature tree-lined streets, nearby parks and trails, excellent schools, shopping, restaurants, and convenient access to the Expressway. Just minutes from Uptown Waterloo and Downtown Kitchener, this established neighbourhood continues to be one of the city's most desirable places to call home.
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Data-driven valuation for 401 Forest Hill Drive, Waterloo, ON N2M 4H3
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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 $724,900 in Waterloo, the legal minimum down payment is $47,490 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 $10,973 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 $10,973.
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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.