228 The Lions Gate, Waterloo, ON

$3,890/mo
MLS#:X13636368
5 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $3,890 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 54.98 x 118.11 ft lot
  • Features a full, finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare opportunity to lease an impressive custom-built executive bungalow in Waterloo's highly desirable Beechwood neighborhood. Offering approximately 3,439 sq. ft. of finished living space, this beautifully maintained 2+3 bedroom, 3-full bathroom home features a bright, open-concept layout with vaulted ceilings and abundant natural light. The main floor offers a spacious primary bedroom with a walk-in closet and spa-inspired 5-piece ensuite, a second bedroom ideal for a home office or guest room, an additional full bathroom, and convenient main-floor laundry. The updated kitchen features quartz countertops and overlooks the inviting living and dining areas. The fully finished walkout lower level with a mini kitchen, provides exceptional additional living space, including three bedrooms, a full bathroom, heated flooring, and a large recreation and entertainment area with direct access to the private, fully fenced backyard and hot tub. Additional features include central air conditioning, central vacuum, a double attached garage, parking for up to six vehicles, and a mature, private setting. Conveniently located near universities, the LRT, public transit, schools, shopping, parks, and trails. An exceptional home offering space, comfort, privacy, and versatility in one of Waterloo's most sought-after communities.

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Property Summary

This detached home located at 228 The Lions Gate, Waterloo is currently for sale and has been available on SousaSells for 8 days. This property is listed at $3,890 with an estimated mortgage of $13* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 228 The Lions Gate, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Waterloo.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Waterloo.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/4/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Stone
BasementFull, Finished, Walk-Out
Lot Size54.98 × 118.11 Feet
CountyWaterloo

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 228 The Lions Gate, Waterloo, ON

Q.What is the asking price for 228 The Lions Gate, Waterloo, ON ?

The current listing price for 228 The Lions Gate, Waterloo, ON in Waterloo is $3,890.

Q.How many bedrooms and bathrooms does this property have?

This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 228 The Lions Gate, Waterloo, ON ?

228 The Lions Gate, Waterloo, ON is a Detached (Bungalow) featuring a Full, Finished, Walk-Out basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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228 The Lions Gate, Waterloo, ON

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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 228 The Lions Gate, Waterloo, ON N2L 6M5

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$1,167 (30.0%)
* Minimum Canadian down payment required for this price is $195.
Amortization Period30 Years
Estimated Monthly Payment$13Based on a loan of $2,723 over 30 years.
Purchase Price$3,890
Loan Amount$2,723
Provincial Land Transfer Tax:$19
Total Estimated Closing Taxes:$19

About Purchasing a Home in Waterloo, ON

For a property listed at $3,890 in Waterloo, the legal minimum down payment is $195 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 $19 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 $19.

Waterloo 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$786,194

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%

Best Schools in Waterloo

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
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Empire
Public83 Empire Street, Waterloo, Ontario, N2L 2M1
6.3
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

Waterloo Demographic Home information

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.