281 Parkmount Drive
Waterloo, ON N2L 5R4
- 4+2Bedrooms
- 4Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $6,184Tax
- 58×134 ftLot Size
Estimated Value:$1,160,320See Free Estimate Report
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About 281 Parkmount Drive, Waterloo
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
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,184
- Land Transfer Tax Fee
- $16,473
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Water Heater, In-Law Suite
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- School, School Bus Route, Park, Place Of Worship, Other
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 31-50
Construction
- Exterior Finish
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 57.59 ft
- Lot Depth
- 134.34 ft
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 4 + 2
- Washrooms
- 4
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Living Room—Ground level, Carpet Free, French Doors, W/O To Balcony
- Kitchen—Ground level, Bay Window, Open Concept, Pantry
- Family Room—Ground level, Carpet Free, Fireplace, Sliding Doors
- Laundry—Ground level, Linen Closet, Vinyl Floor
- Primary Bedroom—Second level, 3 Pc Bath, Carpet Free, Ensuite Bath
- Bedroom 2—Second level, Walk-In Closet(s), Carpet Free
- Bedroom 3—Second level, Carpet Free
- Bedroom 4—Second level, Walk-In Closet(s), Carpet Free
- Other—Second level, Carpet Free
- Sunroom—Ground level, Skylight, Vinyl Floor, Sliding Doors
- Bedroom—Basement level
- Bedroom 2—Basement level
Washrooms
- 3-piece, Main
- 3-piece, Second
- 5-piece, Second
- 4-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- PARKMOUNT PLACE
- Zoning
- SR2A
- Directions
- PARKMOUNT PLACE
- MLS® number
- X12301970
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-12
- Listed on
- 2025-07-23
- Days on market
- 20 days
- Possession type
- Immediate
- Co-op commission
- 2% + HST + $10,000 Bonus if Sld frm by 31July2025
- Seller
- Listed by
- SAVE MAX REAL ESTATE INC.
Home Market Value
Current home valuation for 281 Parkmount Drive, Waterloo, , . Listed for $999,900
HOMEH Estimate
$1,160,320
Estimated Sales Range
$916,653 - $1,403,987
HOMEH Estimate for 281 Parkmount Drive, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $499,900 over $500K
$74,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $36,996 | $27,897 | $23,798 | $0 |
=Total mortgage | $961,903 | $927,807 | $873,713 | $799,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,696monthly | $4,530monthly | $4,266monthly | $3,906monthly |
Land Transfer Tax
$16,473
$16,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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