655 White Cedar Avenue, Waterloo, ON

$1,500,000
MLS#:X12198031
5 beds
4 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,500,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 67.76 x 154.69 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Auto Garage Door Remote, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this stunning custom-built home, ideally located in one of the area's most sought-after neighbourhoods, backing onto and beside green space. Thoughtfully designed for luxury, comfort, and function. It features hardwood flooring on the main and upper levels, with engineered hardwood in the childrens rooms and basement. The main floor includes a spacious primary suite with direct access to a covered concrete patio, custom built-ins, walk-in closet, and a luxurious ensuite with double vanity, large tiled walk-in shower and jacuzzi tub. The eat-in kitchen features honed leather-finish granite countertops, a Monogram gas stove, stainless steel appliances, garburator, wine fridge, breakfast island with seating, walk-in pantry, and built-in desk area. A patio door out to the landscaped, fully fenced yard with covered patioperfect for entertaining. The Great Room offers soaring 18-foot ceilings, full-height windows, a gas fireplace with custom built-ins, and open to the upper level, creating an impressive space. Also on the main floor are a dining room, additional bedroom, 2-piece powder room, and a large laundry/mudroom with custom storage units, hooks, cubbies, and a closet. Upstairs are two generously sized bedrooms, a 5-piece bathroom with double sinks, and a linen closet. The professionally finished basement includes a large rec room with built-ins and gas fireplace, guest bedroom with egress window, 4-piece bathroom, second pantry/storage room, and a flex space ideal for a playroom, office, or den. Additional features include a storage room, mechanical room with high ceilings (currently used as a home gym), and a cold storage area. This meticulously maintained home offers high-end finishes, solid core doors, upgraded trim and baseboards, natural gas line for BBQ, irrigation system, parking for four cars, and is close to top-rated schools. Homes like this in such an incredible location rarely come availablethis is truly a special opportunity.

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Property Summary

This detached home located at 655 White Cedar Avenue, Waterloo is currently for sale and has been available on SousaSells for 406 days. This property is listed at $1,500,000 with an estimated mortgage of $4,993* per month. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. 655 White Cedar Avenue, 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
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 11, 2025
Sold price information is available to members only
Listed Date6/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementFull, Finished
Lot Size67.76 × 154.69 Feet
CountyWaterloo
Annual Tax$10,065
Legal DescriptionLOT 23, PLAN 58M534 SUBJECT TO AN EASEMENT IN GROSS OVER PT 46 ON 58R-17362 AS IN WR665641 CITY OF WATERLOO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Air Exchanger, Auto Garage Door Remote, Water Softener

Security Features

Community Features

Location

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655 White Cedar Avenue, 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 655 White Cedar Avenue, Waterloo, ON N2V 0A7

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$450,000 (30.0%)
* Minimum Canadian down payment required for this price is $300,000.
Amortization Period30 Years
Estimated Monthly Payment$4,993Based on a loan of $1,050,000 over 30 years.
Purchase Price$1,500,000
Loan Amount$1,050,000
Provincial Land Transfer Tax:$26,475
Total Estimated Closing Taxes:$26,475

About Purchasing a Home in Waterloo, ON

For a property listed at $1,500,000 in Waterloo, the legal minimum down payment is $300,000 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 $26,475 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 $26,475.

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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$772,635

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.