296 Conservation Drive, Waterloo, ON

$799,000
MLS#:X12194370
3 beds
3 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 45.01 x 111.55 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this pristine 3 bedroom, 3 bath home located in the desirable Lakeshore North neighborhood of Waterloo. Meticulously updated inside and out, this charming property offers a perfect blend of modern convenience and comfortable living. Situated close to the serene Laurel Creek Conservation Area, vibrant St. Jacobs Farmers Market, convenient highway access, shopping centers, schools, parks, and more, this location boasts convenience and natural beauty. The house sits on a spacious lot measuring 45 feet by 111 feet, offering ample space for outdoor activities and relaxation. A double-wide driveway leads to a single-car garage, providing convenient parking options for residents and guests. Don't miss the opportunity to make this beautiful property your new home sweet home. Schedule a viewing with your agent today and immerse yourself in the serene surroundings and modern comforts that this Lakeshore North gem has to offer. Updates to the home- Roof was replaced in 2017, new furnace in 2018, new water softener in 2021, Main floor and upstairs bathroom in 2021, windows in 2022, siding/soffit/gutters 2023 (siding has 1.5" of insulation), blown insulation in 2023

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Property Summary

This detached home located at 296 Conservation Drive, Waterloo is currently for sale and has been available on SousaSells for 404 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 296 Conservation Drive, Waterloo

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

Key Features

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

Additional Details

StatusSold
Sold DateJune 12, 2025
Sold price information is available to members only
Listed Date6/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size45.01 × 111.55 Feet
CountyWaterloo
Annual Tax$4,072
Legal DescriptionLT 35 PL 1573 CITY OF WATERLOO; S/T 814435; WATERLOO

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

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Location

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296 Conservation 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 296 Conservation Drive, Waterloo, ON N2V 1V5

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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Waterloo, ON

For a property listed at $799,000 in Waterloo, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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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.