586 MOUNT ANNE Drive, Waterloo, ON

$699,800
MLS#:X11821463
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 14, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,800 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 31.96 x 172.92 ft lot
  • Features a full, 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

Discover the perfect retreat with this stunning property featuring a serene backyard oasis on a 172-ft deep lot. Move-in ready, this semi-detached home offers three spacious bedrooms, two full bathrooms, finished Rec/room and a host of recent updates. The functional floor plan ensures comfortable living, while its prime location provides easy access to shopping, highways, and all essential amenities. Don't miss the opportunity to make this tranquil haven your own! Some of the updates include : Furnace 2024, AC 2024, Water Softener 2024, Driveway 2024 , Railing and carpet 2022, Deck 2024, main level flooring 2022 , Basement 2018, Fridge,Stove,Microwave 2022, Windows 2011. Roof 2009 ( 40 years shingles )..

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Property Summary

This detached home located at 586 MOUNT ANNE Drive, Waterloo is currently for sale and has been available on SousaSells for 595 days. This property is listed at $699,800 with an estimated mortgage of $2,329* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 586 MOUNT ANNE Drive, Waterloo

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 14, 2024
Sold price information is available to members only
Listed Date11/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size31.96 × 172.92 Feet
CountyWaterloo
Annual Tax$3,026.72
Legal DescriptionPT LT 18 PL 1261 CITY OF WATERLOO AS IN 1191145; S/T & T/W INTEREST IN 1516449; S/T 383148; 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

Location

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586 MOUNT ANNE 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 586 MOUNT ANNE Drive A, Waterloo, ON N2L 4W3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$209,940 (30.0%)
* Minimum Canadian down payment required for this price is $44,980.
Amortization Period30 Years
Estimated Monthly Payment$2,329Based on a loan of $489,860 over 30 years.
Purchase Price$699,800
Loan Amount$489,860
Provincial Land Transfer Tax:$10,471
Total Estimated Closing Taxes:$10,471

About Purchasing a Home in Waterloo, ON

For a property listed at $699,800 in Waterloo, the legal minimum down payment is $44,980 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 $10,471 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 $10,471.

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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$772,514

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.