This one's priced above recent comparable sales, and price reduced $30k. Here's everything I've got — ask me anything about it.

Waterloo · Waterloo Region

514 Forestlawn Road

Detached

MLS® #X13598520

Listed for$850,000$880,000Price reduced from $880,00049 days on market
3+1 bed 2 bath 5 parking 1100-1500 sq ft~$654/sq ft
  • Price reduced $30K
  • 49 days on market
  • 2 schools within 1 km
  • Transit stop ~190 m
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Is $850,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 105 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 105 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~$4,432/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 →

2 schools within ~1 km · nearest transit stop ~0.19 km

Property information
What house buyers ask first
Lot size
53.81 × 112.7 ft
Square footage
1100-1500 sq ft
Age
~16-30 years old
Property tax
$5,729 / yr
Parking
5 spaces · Attached
Basement
Finished

Property summary

Property type
Detached
Style
Bungalow
Approx. age
16-30 years
Lot size
53.81 × 112.7 ft
Parking
5 spaces · Attached
Heating
Forced Air
Air conditioning
Central Air
Basement
Finished
Kitchens
1
Exterior
Brick
Property tax
$5,729 / yr
MLS®
X13598520

Room dimensions

Kitchen
Main5.68 × 4.96 m
Living Room
Main3.46 × 3.39 m
Bedroom
Main2.95 × 3.03 m
Family Room
Basement6.53 × 4.4 m
Bedroom
Main3.0 × 3.23 m
Primary Bedroom
Main4.4 × 3.39 m
Den
Basement3.24 × 2.97 m
Dining Room
Main3.18 × 3.39 m
Bedroom
Basement5.83 × 2.68 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Property tax
$5,729/yr
Est. all-in
~$4,432/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 Matthew Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB0.3 km
  • Lexington Public SchoolPublic · Elementary · Waterloo Region DSB0.5 km
  • Sandowne Public SchoolPublic · Elementary · Waterloo Region DSB1.2 km
  • Lester B Pearson PS Public SchoolPublic · Elementary & Secondary · Waterloo Region DSB1.4 km
  • St Luke Catholic Elementary SchoolCatholic · Elementary & Secondary · Waterloo CDSB1.5 km
  • Bridgeport Public SchoolPublic · Elementary · Waterloo Region DSB1.8 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.

  • University / AuburnNearest transit · Bus stop~190 m
  • WaterlooNearest GO / rail · GO / regional rail~4.0 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

Visit REALTOR website for additional information. Listings are generally rare in this family friendly North Waterloo neighbourhood. Rarer still is the opportunity to purchase a bungalow. Welcome to 514 Forestlawn Road! This all-brick 3+2 bedroom bungalow greets you with a double driveway and a large covered front porch and is placed on a large corner lot. The Main floor offers a generously sized stunning kitchen which has recently undergone a complete renovation. Kitchen leads to formal Living and dining rooms with French Doors. Down the hall there are three bedrooms. The primary bedroom offers ensuite privilege to the 6 piece bathroom. Added convenience of main level laundry as well just off of the kitchen. The kitchen also provides convenient access to the private backyard oasis; a deck & patio with fenced yard, extensive gardens and even a custom built fish pond. The basement is finished with two additional bedrooms (just need egress windows) as well as a large recroom with gas fireplace, an additional full bathroom as well as plenty of storage. The home sits on a large corner lot with a fully fenced backyard, deck & storage shed with electricity. Plenty of parking (3 wide on a brand new concrete driveway) plus doubly garage. Close to all area amenities as well as major commuter routes. The home is move in ready with a new High efficiency furnace, Hot Water Heater (owned) and a High efficiency cold weather heat pump as well! Don't delay!

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

Listed by PG DIRECT REALTY LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.