516 Chancery Lane, Waterloo, ON

$1,450,000
MLS#:X12356761
6 beds
4 baths
2500-3000 sqft
6.0 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 construction, this residence presents an exceptional opportunity offered at $1,450,000 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 2500-3000 sqft on a premium 50.95 x 107 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

A custom-built home located in the regions best rated school catchement; Laurelwood is one of Waterloo's most sought-after neighbourhoods. Backing onto Trillium Valley Park, this large family home's backyard is essentially a Private "forest" that will always maintain this greenspace appeal. This home checks all the boxes, featuring 2 levels of above ground living + a beautiful in-law suite on the lower walk-out level with separate entrance! When you enter you will immediately be awed by the brightness, floor-to-ceiling picture windows frame the backyard foliage and natural light floods the main living room. A cozy den/office room is tranquil with an aquarium wall, a dedicated dining room, a large family/living room with cathedral ceilings and a gas fireplace leading into the Kitchen featuring Granite countertops and Stainless appliances & dinette area. A door from the kitchen leads to a beautiful cedar deck, large enough to host a crew! A laundry/mudroom off the double car garage and powder room complete this level. Upstairs you will find 4 bedrooms, 3 nice sized rooms and a 4-piece bathroom and a massive Primary Suite, with not 1 BUT 2 walk-in-closets and a 5-piece bathroom. As if this isn't enough, the lower level is like an entire home to itself. A walk out level allows for an abundance of natural light on this floor too. A complete kitchen with Quartz countertops and stainless steel appliances, a large family room with a gas fireplace, an office/gym area, 2 bedrooms and a 3-piece bathroom make this an ideal space for multi-generational living, a great area for extended family and children. Scenic walking trails, neighbourhood parks, the BEST schools within walking distance plus just minutes to the universities. 516 Chancery Lane has it all.

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 26, 2025
Sold price information is available to members only
Listed Date8/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50.95 × 107 Feet
CountyWaterloo
Annual Tax$9,436.09
Legal DescriptionLT 48 PL 1755 CITY OF WATERLOO S/T RIGHT IN 1211762; S/T 1141265; WATERLOO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Community Features

Location

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516 Chancery Lane, 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 516 Chancery Lane, Waterloo, ON N2T 2N4

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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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.
Financial Audit

Estimated Costs

Loan Amount$1,160,000
Monthly Mortgage$6,740
Property Tax (Est.)$786
Utilities & Maint.$350
Total Monthly Cost$7,876

Strategic Fiscal Clarity

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