565 Balsam Poplar Street, Waterloo, ON
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
- 6 Bedrooms and 5 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 36.15 x 98.59 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Meter, Water Softener
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Client RemarksThis stunning 3,000+ sqft home offers the potential for an elevator and features a spacious double-car garage with a separate entrance to the finished basement. Large basement windows and also has the option to add a legal basement apartment. The garage itself is exceptionally large, providing ample storage and parking space. The house has 4 generously sized bedrooms, including two luxurious master suites, plus a dedicated home office perfect for remote work or study. The home boasts 4.5 bathrooms, ensuring comfort and privacy for the whole family. Designed for modern efficiency and comfort, this home is equipped with a dual-fuel furnace, air-source heat pump, and an ERV system, promoting superior air quality and energy savings. High-end finishes include 9-ft ceilings on both the main and second floors, and elegant hardwood flooring throughout the second floor. Conveniently located near shopping plazas, Costco, Highway 85, and the famous St. Jacobs Market, this home offers both luxury and accessibility in a prime location.
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Water Meter, Water Softener
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 565 Balsam Poplar Street, Waterloo, ON N2V 0H8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $1,199,000 in Waterloo, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.