488 Colt Street, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $659,000 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 22.87 x 102 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Softener, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Bright, impeccably maintained freehold townhouse nestled in Waterloo's highly desirable Lexington neighbourhood. Designed for modern living, the open-concept main floor offers a spacious kitchen complete with stainless steel appliances, a well-appointed dining area, and an inviting great room that seamlessly connects to the outdoors. Step out to the expansive deck, perfect for summer entertaining, morning coffee, or simply relaxing in your private backyard setting, backing onto only one neighbouring property. The carpet-free main floor adds both style and practicality. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and the convenience of second-floor laundry. Ideally located close to shopping, schools, parks, public transit, and everyday amenities, this move-in-ready home offers the perfect blend of comfort, privacy, and convenience. Some photos virtually staged. Roof '23, AC '22
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Pricing & Value Insights
Data-driven valuation for 488 Colt Street, Waterloo, ON N2K 4N9
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About Purchasing a Home in Waterloo, ON
For a property listed at $659,000 in Waterloo, the legal minimum down payment is $40,900 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 $9,655 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 $9,655.
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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.