116 Waterloo Street, Waterloo, ON

$630,000
MLS#:X12765006
3 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $630,000 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 700-1100 sqft on a premium 40 x 112 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

** SOLD . AWAITING DEPOSIT** Welcome to this charming 1 1/2 storey home, full of warmth, character, and thoughtful updates - the kind of place that instantly feels like home. Built in 1927 and beautifully refreshed, this 3-bedroom, 2-bath gem blends timeless charm with modern comfort.Fresh paint throughout, new front, patio and back doors, updated electrical and plumbing, and newer windows offer peace of mind. Cozy living spaces invite you to slow down and settle in. The fiberglass tub keeps baths warmer longer - perfect for relaxing evenings after a busy day. Step outside and you'll fall in love with the lifestyle as much as the house. Here you'll discover a backyard made for enjoying every season. A deck just off the dining room is perfect for morning coffee or summer BBQs, while a second, more private deck tucked further into the yard offers a quiet retreat - ideal for reading, entertaining, or simply soaking up the outdoors. The yard backs directly onto the Spur Line Trail, giving you instant access to walking and cycling, and in the warmer months you can stroll down the street to the beloved weekend market.With the hospital, shopping, and everyday amenities close by, this location offers both convenience and community.Full of charm inside and out, this is a home where life feels just a little slower and a lot sweeter.

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Property Summary

This detached home located at 116 Waterloo Street, Waterloo is currently for sale and has been available on SousaSells for 157 days. This property is listed at $630,000 with an estimated mortgage of $2,097* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 116 Waterloo Street, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 4, 2026
Sold price information is available to members only
Listed Date2/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementFull, Partially Finished
Lot Size40 × 112 Feet
CountyWaterloo
Annual Tax$3,796.16
Legal DescriptionLT 17 PL 196 CITY OF WATERLOO; WATERLOO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Park, Public Transit

Interior Features

Auto Garage Door Remote, Carpet Free, Water Softener

Security Features

Community Features

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Location

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116 Waterloo Street, 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 116 Waterloo Street, Waterloo, ON N2J 1X9

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

Configure Loan Settings

Interest Rate4.00%
Down Payment$189,000 (30.0%)
* Minimum Canadian down payment required for this price is $38,000.
Amortization Period30 Years
Estimated Monthly Payment$2,097Based on a loan of $441,000 over 30 years.
Purchase Price$630,000
Loan Amount$441,000
Provincial Land Transfer Tax:$9,075
Total Estimated Closing Taxes:$9,075

About Purchasing a Home in Waterloo, ON

For a property listed at $630,000 in Waterloo, the legal minimum down payment is $38,000 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 $9,075 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 $9,075.

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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$773,586

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

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

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
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.