
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $875,000 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.
Welcome to 697 Rhine Fall Drive, a charming two-storey home in the sought-after Clair Hills neighbourhood. Featuring 2,509 sq. ft. of above-grade finished living space, this home offers 4 bedrooms and 4 bathrooms. The bright, open-concept eat-in kitchen features stainless-steel appliances and opens to the adjoining family room, while separate living and dining rooms provide additional space for entertaining. The spacious principal bedroom offers a customized closet, an ensuite with double sinks, and peaceful views of the woods. The professionally finished basement features a large recreation room, custom bar/kitchenette with a full-size refrigerator, gas fireplace, and a 3-piece bathroom with heated floors and a full Mirolin shower unit. Updates include a new roof in 2020, a furnace and air conditioning system updated in 2025, and 200-amp electrical service.Enjoy outdoor living on the deck overlooking a private backyard backing onto a tranquil forest and trail system. The deck features a shaded gazebo and gas line for BBQs, perfect for entertaining family and friends. A custom laundry/mudroom with ample storage and a premium washer and dryer adds everyday convenience. Ideally located near Vista Hills Public School, SJAM, and the University of Waterloo, with easy access to Costco and the shopping, dining, and medical services at The Boardwalk. Enjoy comfortable family living in a peaceful setting close to everyday amenities. Appliances and fireplaces are included in their current as-is condition.
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This detached home located at 697 Rhine Fall Drive, Waterloo is currently for sale and has been available for 3 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 4 beds, 2 bathrooms, and is 2500-3000 square feet. 697 Rhine Fall Drive, Waterloo
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterloo.
Growing families needing multi-bedroom flexibility and space in Waterloo.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Waterloo or researching Waterloo real estate for sale, this 4-bedroom detached at 697 Rhine Fall Drive, Waterloo, ON offers an exceptional opportunity to buy a home in Waterloo, Ontario. Whether you are a first-time Waterloo home buyer or comparing active Waterloo MLS® homes for sale, working with a dedicated Waterloo buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Waterloo real estate listings, compare active Waterloo houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Waterloo realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $2,913*/month*. Estimated Ontario Land Transfer Tax: $13,975. First-time Waterloo home buyers may qualify for up to $8,475 in rebates.
The current listing price for 697 Rhine Fall Drive, Waterloo, ON in Waterloo is $875,000.
This property features 4 bedrooms and 2 bathrooms across approximately 2500-3000 sqft.
697 Rhine Fall Drive, Waterloo, ON is a Detached (2-Storey) featuring a Full basement.
Interior highlights include: Auto Garage Door Remote, Sump Pump, Water Heater, Water Softener.
Yes, this property offers parking space for 4.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
Waterloo, Waterloo
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 697 Rhine Fall Drive, Waterloo, ON N2V 2V5
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 $875,000 in Waterloo, the legal minimum down payment is $62,500 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 $13,975 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 $13,975.
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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.
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