516 Preakness Street, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,399,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 46.72 x 109.12 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this exceptional custom-built residence in prestigious Woolwich Estates, where timeless design, impeccable craftsmanship and thoughtful details create a truly remarkable home. From the impressive foyer, the main floor unfolds beautifully with a private office, spacious mudroom, and showstopping chef's kitchen featuring quartz countertops and a walk-in pantry. The inviting living room, anchored by a gas fireplace, opens seamlessly to the covered patio, creating an effortless connection between indoor and outdoor living. Upstairs, four generous bedrooms offer exceptional space for family and guests. The luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while the second and third bedrooms share a convenient Jack-and-Jill ensuite. The breathtaking backyard oasis designed for unforgettable summers and effortless entertaining, this private resort-like retreat features a sparkling pool, hot tub and fabulous covered entertaining space. Whether hosting a crowd, enjoying long summer evenings poolside or simply unwinding at home, this backyard offers an extraordinary lifestyle rarely found. This spectacular home perfectly blends luxury, comfort and exceptional indoor-outdoor living.
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Property Summary
This detached home located at 516 Preakness Street, Waterloo is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 516 Preakness Street, 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 3 bathrooms, this home offers ample space and comfort for growing families in Waterloo.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Waterloo.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Golf
- Rec./Commun.Centre
- Place Of Worship
- Park
- School
- School Bus Route
Interior Features
- Air Exchanger
- Auto Garage Door Remote
- Central Vacuum
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Waterloo?
If you are looking for a house in Waterloo or researching Waterloo real estate for sale, this 4-bedroom detached at 516 Preakness Street, 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.
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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.
Waterloo Buyer Budget & Costs
Estimated mortgage: $4,660*/month*. Estimated Ontario Land Transfer Tax: $24,473. First-time Waterloo home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Waterloo
Frequently Asked Questions about 516 Preakness Street, Waterloo, ON
Q.What is the asking price for 516 Preakness Street, Waterloo, ON ?
The current listing price for 516 Preakness Street, Waterloo, ON in Waterloo is $1,399,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 516 Preakness Street, Waterloo, ON ?
516 Preakness Street, Waterloo, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 516 Preakness Street, Waterloo, ON offer?
Key property features include: Golf, Rec./Commun.Centre, Place Of Worship, Park, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, Auto Garage Door Remote, Central Vacuum.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
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.
Pricing & Value Insights
Data-driven valuation for 516 Preakness Street, Waterloo, ON N2K 0C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $1,399,900 in Waterloo, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.
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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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