123 Northlake Drive, Waterloo, ON

$599,999
MLS#:X11928073
3 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

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 $599,999 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 1500-2000 sqft on a premium 95.74 x 130.51 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Sump Pump, Upgraded Insulation, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This property presents an excellent opportunity as either a starter home or an investment property. Ideally located with convenient access to shopping, highways, and public transit, it offers both functionality and comfort. The spacious, fully fenced side yard includes a shed with electrical power, and has a nice patio, perfect for outdoor relaxation. Parking is available for two vehicles. Inside, the home boasts a number of updates, including recently renovated kitchen cabinets (2025), a new dishwasher, and newly installed kitchen flooring (2025). Additional enhancements include new carpet (2025), new basement flooring (2025), air conditioning (2015), a new furnace (2010), most windows updated (2010), and a new roof (2012), along with enhanced insulation for improved energy efficiency. This property combines many upgrades with great potential in a prime location. Property is considered a link home, there's an underground footing attached to the back neighbour, but houses are detached from each other.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 20, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size95.74 × 130.51 Feet
CountyWaterloo
Annual Tax$3,270
Legal DescriptionPT LT 82 PL 1459 CITY OF WATERLOO PT 2, 58R3751; S/T 651737; WATERLOO

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Campground, Golf, Greenbelt/Conservation, School, Rec./Commun.Centre

Interior Features

Sump Pump, Upgraded Insulation, Water Heater, Water Softener

Security Features

Community Features

Location

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123 Northlake 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 123 Northlake Drive, Waterloo, ON N2V 1H4

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$479,999.2
Monthly Mortgage$2,789
Property Tax (Est.)$273
Utilities & Maint.$350
Total Monthly Cost$3,412

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

Similar Listings Nearby

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$780,858

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

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
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.