702 Springwater Place, Waterloo, ON

$1,295,000
MLS#:X12435393
4 beds
4 baths
2500-3000 sqft
8.0 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 front and brick construction, this residence presents an exceptional opportunity offered at $1,295,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 45.08 x 126.64 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Sump Pump, Water Heater, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

*Public Open House: Saturday & Sunday, October 4th & 5th, from 2:00 to 4:00 pm* Nestled on a quiet, family-friendly cul-de-sac in one of Waterloos most desirable neighbourhoods, Conservation Meadows, this full 2-storey brick, 4,000+ sq. ft. home blends timeless design with generous living spaces and true pride of ownership. The bright foyer opens to an airy, open-concept main floor featuring a versatile bedroom/office, sunlit living room, formal dining area, and a chefs kitchen with light cream cabinetry, granite counters, pull-out spice racks, two appliance garages, and an oversized island with prep sink. From here, step out to a large wood deck complete with a convenient gas BBQ hook-up, perfect for effortless outdoor cooking and entertaining, overlooking the backyard. A main-floor laundry adds extra convenience to the level. Carpet-free throughout, the home is finished in hardwood, ceramic, and laminate. Upstairs, the primary suite offers a walk-in closet and luxurious five-piece ensuite, joined by two spacious bedrooms sharing another full bath. An oversized family room with vaulted ceilings, fireplace, and double glass doors creates the perfect gathering space. The fully finished walk-out basement extends the living area with a large rec room (rough-in for future kitchen/wet bar), a bright bedroom, and a three-piece bath. With its separate entrance, this level offers excellent potential for an in-law suite, multi-generational living, or income unit. Outside, enjoy a concrete patio and pool-sized backyard ready for your vision. Parking is never an issue with a double garage and driveway for six. All of this is ideally located near both universities, Laurel Creek Conservation Area, and St. Jacobs Farmers Market, with top-rated schools including W.C.I., N.A. MacEachen, MacGregor, and Sir Edgar Bauer.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 27, 2025
Sold price information is available to members only
Listed Date9/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick Front, Brick
Lot Size45.08 × 126.64 Feet
CountyWaterloo
Annual Tax$9,080
Legal DescriptionLOT 99, PLAN 58M252, S/T EASE LT97272 IN FAVOR OF THE CORPORATION OF THE CITY OF WATERLOO AND UNION GAS LIMITED OVER PART 99 ON 58R-13843. WATERLOO

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Golf, Greenbelt/Conservation, Park, Place Of Worship, School Bus Route

Community Features

Location

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702 Springwater Place, 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$716,468

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 702 Springwater Place, Waterloo, ON N2V 2S5

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$1,036,000
Monthly Mortgage$6,020
Property Tax (Est.)$757
Utilities & Maint.$350
Total Monthly Cost$7,127

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.