653 Rhine Fall Drive, Waterloo, ON

$888,888
MLS#:X12452432
5 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey 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 $888,888 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 43.57 x 104.99 ft lot
  • Features a finished 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: Auto Garage Door Remote, Carpet Free, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 653 Rhine Fall Drive, located in the highly desirable Clair Hills community of Waterlooan area known for its peaceful atmosphere, family-friendly environment, and strong sense of community. This beautifully maintained detached two-storey home offers a bright, carpet-free interior with a functional and spacious layout that fits todays lifestyle perfectly. The upper level features three generously sized bedrooms, offering plenty of room for relaxation and comfort, along with two full bathrooms and a convenient second-floor laundry rooma feature every homeowner will appreciate. The finished basement includes two additional rooms and a full bathroom, ideal for extended family, guests, or home offices. Step outside to a large backyard deck, perfect for outdoor dining, entertaining, or simply relaxing.Recent updates include a new water softener (2025), sump pump replacement (2021), bathroom faucet upgrades (2020), new basement laminate flooring (2021), and a hot water heater replacement (2020). Families will love that this home is located within the Laurel Heights Secondary School boundary, one of the most sought-after school districts in Waterloo. It's also just a short drive or quick bus ride to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, making it an excellent choice for families and professionals alike.With easy access to public transit, parks, scenic walking trails, Costco, and The Boardwalk shopping district, this home combines tranquil suburban living with unmatched convenience.

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Property Summary

This detached home located at 653 Rhine Fall Drive, Waterloo is currently for sale and has been available on SousaSells for 282 days. This property is listed at $888,888 with an estimated mortgage of $2,959* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 653 Rhine Fall Drive, Waterloo

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 21, 2025
Sold price information is available to members only
Listed Date10/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size43.57 × 104.99 Feet
CountyWaterloo
Annual Tax$6,477
Legal DescriptionLOT 17, PLAN 58M-296. S/T EASE LT145958 IN FAVOUR OF UNION GAS LIMITED AND THE CORPORATION OF THE CITY OF WATERLOO OVER PT. OF SAID LOT, BEING PT. 17 ON 58R-14183. S/T EASEMENT FOR ENTRY AS IN WR355273; CITY OF WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Greenbelt/Conservation

Interior Features

Auto Garage Door Remote, Carpet Free, Sump Pump, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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653 Rhine Fall 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 653 Rhine Fall Drive, Waterloo, ON N2V 2S8

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$266,666 (30.0%)
* Minimum Canadian down payment required for this price is $63,889.
Amortization Period30 Years
Estimated Monthly Payment$2,959Based on a loan of $622,222 over 30 years.
Purchase Price$888,888
Loan Amount$622,222
Provincial Land Transfer Tax:$14,253
Total Estimated Closing Taxes:$14,253

About Purchasing a Home in Waterloo, ON

For a property listed at $888,888 in Waterloo, the legal minimum down payment is $63,889 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 $14,253 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 $14,253.

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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$772,516

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.