216 Northlake Drive, Waterloo, ON

$759,900
MLS#:X12718112
4 beds
3 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised 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 $759,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 119.75 x 65.62 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This bright and spacious 3+1 bedroom, 3 bathroom raised bungalow in family friendly Lakeshore North might be the one you've been looking for. Boasting 2,010 finished square feet and outfitted with a multitude of wheelchair accessibility features including an enclosed porch lift, extra-wide main bathroom with 36" door, ceiling track systems in several rooms (easily removed if not needed), and an extra wide hallway on the main floor, this home is a unique offering. On the main level you'll find a large living room with tons of natural light, and next up is the beautifully updated (2023) eat-in kitchen offering quartz countertops, slow-close cupboards, backsplash, and sliders to the backyard deck. There's 3 bedrooms up here including the large primary, as well as a den which would also work perfectly as a home office. The aforementioned 4-piece wheelchair accessible bathroom with new flooring (2025) as well as a handy 2-piece complete this upper level. Other highlights include California shutters and pot lights. The basement offers a 4th bedroom, a bright rec-room courtesy of large windows with more California shutters, a 3-piece bathroom, and a storage room with a walk-out to the driveway. The tandem garage offers parking for two cars or an abundance of additional storage. The huge, fully fenced backyard offers tons of space for kids and the family dog, plus a shed for outdoor storage.This great location offers a plethora of amenities within walking distance including grocery stores, restaurants and transit, while the St. Jacobs farmer's market is only a two minute drive. Staples like Conestoga Mall and Highway 7-8 access are also in close proximity. If you're looking for a great family home with numerous wheelchair accessibility features without having to take on the renovations yourself, you'll want to take a closer look at 216 Northlake.

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Property Summary

This detached home located at 216 Northlake Drive, Waterloo is currently for sale and has been available on SousaSells for 175 days. This property is listed at $759,900 with an estimated mortgage of $2,529* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 216 Northlake Drive, Waterloo

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 20, 2026
Sold price information is available to members only
Listed Date1/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size119.75 × 65.62 Feet
CountyWaterloo
Annual Tax$3,841.23
Legal DescriptionLT 44 PL 1428 CITY OF WATERLOO; S/T 600868, 6014294; WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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216 Northlake Drive, 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 216 Northlake Drive, Waterloo, ON N2V 1A8

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.

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Interest Rate4.00%
Down Payment$227,970 (30.0%)
* Minimum Canadian down payment required for this price is $50,990.
Amortization Period30 Years
Estimated Monthly Payment$2,529Based on a loan of $531,930 over 30 years.
Purchase Price$759,900
Loan Amount$531,930
Provincial Land Transfer Tax:$11,673
Total Estimated Closing Taxes:$11,673

About Purchasing a Home in Waterloo, ON

For a property listed at $759,900 in Waterloo, the legal minimum down payment is $50,990 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 $11,673 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 $11,673.

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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$772,635

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.