281 PARKMOUNT Drive, Waterloo, ON

$999,900
MLS#:X12301970
6 beds
4 baths
2000-2500 sqft
7.0 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 aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 57.59 x 134.34 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Set on an impressive 57.55' x 134.34' huge lot, welcome to 281 Parkmount Drive- A stunningly renovated 6-bedroom, 4-bathroom residence in the prestigious Lakeshore community of Waterloo. With approximately 2500 sq ft above grade and 3500 sq ft total including a legal basement, over $200K in upgrades have transformed this property into a modern masterpiece. Offering a double-car garage, parking for up to 4 more on the driveway makes for 6 Car parking total and exceptional outdoor space, this home redefines luxury and comfort. The versatile layout features 4+2 bedrooms, 4 full bathrooms, a laundry, including a rare main-floor bath, perfect for large or growing families. The elegant double-door entry opens to a light-filled interior adorned with brand-new flooring, pot lights, and a cozy family room fireplace. The main level also showcases a mudroom and a stunning 30 x 12 sunroom perfect for enjoyment and hosting family gatherings. Upstairs, the primary bedroom with a private ensuite plus three more bedrooms and an updated shared bath offer a serene retreat. The fully finished, legal basement with separate entrance boasts two bedrooms, a full kitchen, a large living room, luxurious bathroom with jacuzzi, and its own laundry ideal for multigenerational living or rental income. Additional highlights include a modern exterior with fresh paint and an upgraded 200-amp panel. Located close to excellent schools, parks, and everyday conveniences, 281 Parkmount Drive seamlessly blends timeless elegance with contemporary style. RSA

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 12, 2025
Sold price information is available to members only
Listed Date7/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size57.59 × 134.34 Feet
CountyWaterloo
Annual Tax$6,184.37
Legal DescriptionLOT 56, PLAN 1374, CITY OF WATERLOO; S/T 533705;

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

School, School Bus Route, Park, Place Of Worship, Other

Community Features

Location

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281 PARKMOUNT Drive, Waterloo, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Waterloo.

Verified Local Data
Population575,847
Median Age38 Yrs
Ownership65% Owners
Avg Area List Price$716,977

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

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
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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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 281 PARKMOUNT Drive, Waterloo, ON N2L 5R4

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.

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Financial Audit

Estimated Costs

Loan Amount$799,920
Monthly Mortgage$4,648
Property Tax (Est.)$515
Utilities & Maint.$350
Total Monthly Cost$5,513

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.

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.