704 Jacob Lane, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey 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 $720,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 31.17 x 104.88 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Softener
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 704 Jacob Lane, Waterloo, a beautifully maintained family home nestled in the highly desirable Clair Hills neighbourhood, where excellent schools, scenic walking trails, parks, shopping, and everyday conveniences are all just minutes away. Enjoy quick access to Laurel Creek Conservation Area, the St. Jacobs Farmers' Market, Costco, The Boardwalk Shopping Centre, the University of Waterloo, Wilfrid Laurier University, and Highway 85, making this an exceptional location for families, professionals, and commuters alike. Thoughtfully designed with over 2,000 sq. ft. of finished living space, this bright and inviting home offers the perfect blend of comfort and functionality. The welcoming main floor features a spacious living room filled with natural light, complemented by warm hardwood flooring and an elegant staircase. The heart of the home is the stylish kitchen, showcasing rich espresso cabinetry, stainless steel appliances, a centre island with additional prep space, ample storage, and a timeless subway tile backsplash. The open-concept dining area overlooks the backyard, creating an ideal setting for family dinners and entertaining. Upstairs, you'll find generously sized bedrooms, including a spacious primary retreat, while additional bedrooms provide plenty of room for a growing family, guests, or a home office. The finished lower level expands your living space with a large recreation room perfect for movie nights, a children's play area, home gym, or workspace. Step outside to enjoy the fully fenced backyard, an ideal space for summer BBQs, kids, pets, or simply relaxing after a long day. Located in one of Waterloo's most sought-after family communities, 704 Jacob Lane offers the perfect combination of modern living, everyday convenience, and an unbeatable location close to schools, parks, trails, shopping, transit, and some of the Region's most popular amenities.
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Pricing & Value Insights
Data-driven valuation for 704 Jacob Lane, Waterloo, ON N2V 2A7
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About Purchasing a Home in Waterloo, ON
For a property listed at $720,000 in Waterloo, the legal minimum down payment is $47,000 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 $10,875 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 $10,875.
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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.