391 Tamarack Drive, Waterloo, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $789,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 70.08 x 132.89 ft lot
- Features a apartment, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Location, Location, Location!!! Welcome to 391 Tamarack Drive, a beautifully maintained and renovated home located in the heart of Waterloo's highly sought-after University District. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property offers an exceptional opportunity for families, investors, parents of students, or buyers seeking a prime location with strong income potential. Situated in a family-friendly neighborhood, this well-kept raised bungalow features a bright open-concept living and dining area, three generously sized bedrooms, and a large private backyard perfect for relaxing or entertaining. The fully finished ground-floor apartment offers excellent flexibility as an in-law suite, extended family accommodation, or income-generating rental unit with the potential for a separate living arrangement. Additional highlights include a private driveway with parking for up to four vehicles, a spacious lot, and convenient access to public transit, shopping, restaurants, parks, and all major amenities. Located just minutes from Conestoga Mall and Highway 85, this property combines everyday convenience with outstanding long-term value. Located in an area with future medium-rise development potential, this property presents a rare opportunity for both homeowners and investors looking to benefit from Waterloo's continued growth.
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Property Summary
This detached home located at 391 Tamarack Drive, Waterloo is currently for sale and has been available on SousaSells for 18 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 391 Tamarack Drive, Waterloo
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Waterloo.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Waterloo.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- In-Law Capability
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 391 Tamarack Drive, Waterloo, ON
Q.What is the asking price for 391 Tamarack Drive, Waterloo, ON ?
The current listing price for 391 Tamarack Drive, Waterloo, ON in Waterloo is $789,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 391 Tamarack Drive, Waterloo, ON ?
391 Tamarack Drive, Waterloo, ON is a Detached (Bungalow-Raised) featuring a Apartment, Development Potential basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, In-Law Capability.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Waterloo, Waterloo
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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 391 Tamarack Drive, Waterloo, ON N2L 4G7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $789,000 in Waterloo, the legal minimum down payment is $53,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,255 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,255.
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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.
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