642 Red Pine Drive, Waterloo, ON

$1,199,980
MLS#:X12269722
5 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,980 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.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 62.74 x 149.57 ft lot
  • Features a apartment, 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 attached configuration
  • Notable attributes: Carpet Free, Water Heater, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This One-Of-A-Kind, Modern Home With A Vintage Backyard, Originally Built As A Bungalow With A Walk-Out-Basement, Has Been Upgraded And Totally Renovated In 2022 To One And A Half Story Exquisite Five Bedroom Gem Featuring Over 3000 Square Feet Of Living Space, 1867 Sq/F Above-Grade, Multipurpose Addition Above The Garage Currently Utilized As Primary Bedroom, Or Effortlessly Converted Into A Spacious Family Room Or Separate Dwelling With An Independent HVAC, Or Unique Space Of Your Liking. With Professional Renovations And Addition Above The Garage Valued At Approximately $400,000, Totally Redesigned Kitchens, Bathrooms And Hardwood Flooring Throughout, This Truly Unique Home Is Highlighting Operable Skylights With Remote Controlled Blinds, Upgraded Windows, Doors, And Hardwood Flooring, Radiant Heating In A Bathroom, Hot Tub Hookup And Pot Lights And Remote Controlled Accent Lights, As Well As Multiple Levels Of Outdoor Living Spaces, Including A Multi Level Deck And 2 Terraces On A Meticulously Maintained And Refined Property That Creates A Resort-Feel Ambient. With Notable Improvements Such As Stainless Steel Railing, Upgraded Bathrooms, Additional AC Unit, Second Fireplace, New Sump Pump, Roofing, Gutters And Driveway, Along With Outdoor Features Including A Shed, Gazebo, Patio And Fence Lighting, Stone Pathways Throughout Very Large Mature-Tree Backyard And Natural Gas BBQ Hookup. The Addition Above the Garage, Built in 2022, Features A New Bathroom And Kitchenette, Ultimate Spray-Foam Insulation, Hardwood Flooring, Operable Skylights, A Gas Fireplace, & A Supplementary AC Unit, With Barn And French Doors. This Rare-Find Home Is Ideally Located In A Very Quiet Family-Friendly Neighbourhood Nestled In Nature, Walking Distance To Northlake Woods PS, Grocery Shopping, LRT-Streetcar Station, Transit, Restaurants, Gyms, Laurel Creek Conservation Area And St. Jacobs Farmers Market.

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Property Summary

This detached home located at 642 Red Pine Drive, Waterloo is currently for sale and has been available on SousaSells for 370 days. This property is listed at $1,199,980 with an estimated mortgage of $3,994* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 642 Red Pine Drive, Waterloo

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 28, 2025
Sold price information is available to members only
Listed Date7/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementApartment, Finished with Walk-Out
Lot Size62.74 × 149.57 Feet
CountyWaterloo
Annual Tax$8,411.63
Legal DescriptionLOT 44 PLAN 1587 EXCEPT PTS 1 & 2 58R14971;S/T EASEMENT AS IN 831604; WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, Water Heater, In-Law Suite, Sump Pump

Security Features

Community Features

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Location

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642 Red Pine 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 642 Red Pine Drive, Waterloo, ON N2V 1R5

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.

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Interest Rate4.00%
Down Payment$359,994 (30.0%)
* Minimum Canadian down payment required for this price is $239,996.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,986 over 30 years.
Purchase Price$1,199,980
Loan Amount$839,986
Provincial Land Transfer Tax:$20,475
Total Estimated Closing Taxes:$20,475

About Purchasing a Home in Waterloo, ON

For a property listed at $1,199,980 in Waterloo, the legal minimum down payment is $239,996 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 $20,475 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 $20,475.

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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$773,394

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.