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 $1,150,000 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.
Tucked into one of Waterloo's most sought-after neighbourhoods, "Colonial Acres" , this home backs onto mature forest offering exceptional privacy with an inground pool perfect for summer fun! Just steps from Conestoga mall and convenient LRT transit, the location combines peaceful surroundings with urban accessibility. Inside, you'll find high ceilings in the entryway and living room with large windows as well as a formal dining room. The spacious kitchen with ample counter space and windows overlooking the protected greenspace opens to a bright family room with multiple walkouts to the elevated multi-tiered deck. The primary suite features a walk-in closet and recently renovated ensuite with a freestanding soaker tub and curbless glass shower. The undeveloped lower level is awaiting your design ideas and includes oversized lookout windows. Make this home your own and schedule your private showing today!
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This detached home located at 580 Hallmark Drive, Waterloo is currently for sale and has been available on SousaSells for 402 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 580 Hallmark Drive, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Fenced Yard, Greenbelt/Conservation, Park, Public Transit
Auto Garage Door Remote, Water Heater, Water Softener
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 580 Hallmark Drive, Waterloo, ON N2K 3P2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $1,150,000 in Waterloo, the legal minimum down payment is $230,000 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 $19,475 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 $19,475.
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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.