523 Beechwood Drive, Waterloo, ON

$599,000
MLS#:X8397982
4 beds
3 baths
1600-1799 sqft
4.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Summer is nearly here, and it's POOL season! This expansive end-unit townhouse in coveted Beechwood offers over 2,000 sq ft of living space, a rare double-car garage, double driveway, and extra-large decks on both levels. Inside, the home features crown molding, a welcoming foyer, a serene living room with built-in bookcases and a gas fireplace, and a spacious dining room ideal for family meals and dinner parties. The kitchen boasts built-in cupboards, banquette seating, and a custom table. Sliding doors open to the upper deck with a tranquil, tree-lined view. Upstairs, find two generous bedrooms and an oversized primary bedroom with an ensuite and full-sized laundry. The fully finished basement includes a versatile room for an extra bedroom, office, or playroom, plus a rec room with built-in storage and a projection screen. Sliding doors lead to the second deck. The double-car garage has ample shelving. Enjoy the community pool just steps from your door.

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Property Summary

This townhouse located at 523 Beechwood Drive, Waterloo is currently for sale and has been available on SousaSells for 770 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 4 beds, 3 bathrooms, and is 1600-1799 square feet. 523 Beechwood 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
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 13, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished with Walk-Out
CountyWaterloo
Annual Tax$3,456

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Park, School, Wooded/Treed

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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523 Beechwood 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 523 Beechwood Drive 6, Waterloo, ON N2T 2G7

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.

Market Trend
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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$179,700 (30.0%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period30 Years
Estimated Monthly Payment$1,994Based on a loan of $419,300 over 30 years.
Purchase Price$599,000
Loan Amount$419,300
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Waterloo, ON

For a property listed at $599,000 in Waterloo, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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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.