For sale

This one's priced above recent comparable sales, and 10 days on market. Here's everything I've got — ask me anything about it.

Waterloo · Waterloo Region

391 Tamarack Drive

Detached

MLS® #X13721500

Listed for$769,00010 days on market

3+1 bed 3 bath 5 parking 700-1100 sq ft~$854/sq ft

10 days on market
Listing states: renovated
7 schools within 1 km
Transit stop ~170 m

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Is $769,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 28 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 28 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$3,894/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

7 schools within ~1 km · nearest transit stop ~0.17 km

Property information

What house buyers ask first

Lot size: 70.08 × 132.89 ft
Square footage: 700-1100 sq ft
Age: ~51-99 years old
Property tax: $3,791 / yr
Parking: 5 spaces · Attached
Basement: Apartment, Development Potential

Property summary

Property type: Detached
Style: Bungalow-Raised
Approx. age: 51-99 years
Lot size: 70.08 × 132.89 ft
Parking: 5 spaces · Attached
Heating: Forced Air
Air conditioning: Central Air
Basement: Apartment, Development Potential
Kitchens: 1
Exterior: Brick, Aluminum Siding
Property tax: $3,791 / yr
MLS®: X13721500

Room dimensions

Recreation

Basement3.4 × 6.7 m

Bedroomvinyl floor, window, closet

Ground3.71 × 3.0 m

KitchenVinyl Floor

Main2.39 × 3.3 m

Bedroombroadloom, closet

Basement3.0 × 2.75 m

Bedroomvinyl floor, window, closet

Ground3.2 × 2.39 m

Primary Bedroomvinyl floor, window, closet

Ground3.91 × 3.3 m

Living Roomvinyl floor, window

Main4.7 × 3.81 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$300,000

Below recent sales

375 King Street N, Unit 708

2 bed · 1 bath·1000-1199 sq ft·1 parking·$903/mo fee

Waterloo

Listed 20 days ago · RE/MAX Icon Realty

Condo Apartment

$298,000

Below recent sales

321 Spruce Street, Unit 710

1+1 bed · 2 bath·700-799 sq ft·$746/mo fee

Waterloo

Listed 37 days ago · Century 21 Mypro Realty

Condo Apartment

$274,900

Below recent sales

321 Spruce Street, Unit 501

1+1 bed · 1 bath·600-699 sq ft·$740/mo fee

Waterloo

Listed 60 days ago · Right At Home Realty

Condo Townhouse

$553,000

Below recent sales

288 Albert Street, Unit 113

3+2 bed · 3 bath·1600-1799 sq ft·1 parking·$582/mo fee

Waterloo

Listed 45 days ago · Realty Wealth Group Inc.

Condo Apartment

$329,900

Below recent sales

275 Larch Street, Unit F504

2 bed · 1 bath·500-599 sq ft·$294/mo fee

Waterloo

Listed 62 days ago · Homelife Superstars Real Estate Limited

Condo Apartment

$395,900

Below recent sales

62 Balsam Street, Unit B408

2 bed · 2 bath·800-899 sq ft·1 parking·$682/mo fee

Waterloo

Listed 3 days ago · RE/MAX Real Estate Centre Inc.

The numbers that matter

Property tax: $3,791/yr
Est. all-in: ~$3,894/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

St David Catholic Secondary SchoolCatholic · Secondary · Waterloo CDSB0.3 km
Winston Churchill Public SchoolPublic · Elementary · Waterloo Region DSB0.4 km
Waterloo Collegiate InstitutePublic · Secondary · Waterloo Region DSB0.4 km
Canada TEMS AcademyPrivate · Secondary · ..0.6 km
Waterloo Independent Secondary SchoolPrivate · Secondary · ..0.6 km
AIM KW SchoolPrivate · Elementary & Secondary · ..0.6 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Hazel / AustinNearest transit · Bus stop~170 m
WaterlooNearest GO / rail · GO / regional rail~2.0 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Waterloo

$720KMedian sold

34Median days on market

100.1%Sale-to-list

Median sold price · Waterloo1-yr +6% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Waterloo

121,436Population (2021)

36Median age

$94,000Median household income

61.3%Home owners

38.7%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo's highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo's continued growth.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.