520 Teakwood Drive, Waterloo, ON

$779,000
MLS#:X12696336
5 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $779,000 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.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 65 x 122 ft lot
  • Features a ["separate entrance", "finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Carpet Free, Floor Drain, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

On a prime corner lot in the street of Lakeshore Village, you will find 520 Teakwood Drive. Sitting on an over-sized 65 by 122+ foot lot, this home offers plenty of outdoor space to enjoy with two large side yards and a private back deck. The interior is filled with natural light, creating a warm and inviting atmosphere across more than 2,000 square feet of total living space. Meticulously maintained, the main level features three bright bedrooms, including one with a seamless walk-out to the deck. Throughout this level, the recently refinished original hardwood floors add a touch of timeless character and warmth to every room. The kitchen has been thoughtfully updated with a larger island, newer appliances, modern countertops, and a stylish backsplash. Downstairs, the space continues to impress with a large family room and two additional bedrooms featuring egress windows. This lower level also includes a kitchenette new in 2018, a full bathroom, and laundry facilities. This home has been extensively renovated and is truly ready for its next owners. Much of the basement was redone in 2024, which included the installation of a new furnace and sump pump. The roof and siding were also redone this past fall (and come with an extensive transferable warranty). The storage shed was also completely rebuilt in the fall. This home is completely move-in ready. With two expansive side yards and a private back deck, this property is a dream for gardeners and families alike. Whether you're hosting a summer BBQ or enjoying a quiet morning coffee surrounded by mature trees, the outdoor space provides endless options for relaxation and play. Get in before the summer so you can relax and enjoy all that 520 Teakwood has to offer!

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 28, 2026
Sold price information is available to members only
Listed Date1/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size65 × 122 Feet
CountyWaterloo
Annual Tax$4,082.92
Legal DescriptionLT 45 PL 1187 CITY OF WATERLOO; S/T 312375; WATERLOO

Parking & Garage

Parking Spaces2.0
Garage Spaces3
Garage TypeCarport

Heating & Cooling

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

Features

Property Features

Park, Public Transit, Rec./Commun.Centre

Community Features

Location

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520 Teakwood Drive, 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 520 Teakwood Drive, Waterloo, ON N2L 4L4

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$623,200
Monthly Mortgage$3,621
Property Tax (Est.)$340
Utilities & Maint.$350
Total Monthly Cost$4,311

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,638

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

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

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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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.