
285 Magnolia Place
Waterloo, ON N2V 2A3
- 4Bedrooms
- 3Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $6,987Tax
- 61×135 ftLot Size
- Estimated Value:$953,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 285 Magnolia Place, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-22 | 2026-04-27 | Login to See Prices | Sold | x13028718 |
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About 285 Magnolia Place, Waterloo
Summarized Description
- Lovingly maintained by original owner for 40 years.
- Spacious home on a large 60 x 135 ft lot.
- Features 4 bedrooms and 2.5 bathrooms.
- Bright main floor with natural light throughout.
- Finished basement ideal for recreation or office.
- Private ensuite in the primary suite.
- Fully fenced yard with mature trees and gardens.
- Located in a quiet, family-friendly neighborhood.
1st time to market-this original owner home has been lovingly maintained for nearly 40 years and is ready to welcome its next chapter. Nestled in the highly desirable Northlake neighbourhood, this spacious 4-bedroom, 2.5-bathroom home sits on an impressive 60 x 135 ft lot, offering both comfort and potential for years to come. From the moment you arrive, you'll appreciate the pride of ownership. A large driveway and double car garage provide ample parking, while the beautifully landscaped front yard and newly installed walkway create a charming and inviting entrance. Step inside to discover a bright and airy main floor filled with natural light. Thoughtfully designed for both everyday living and entertaining, the layout features a formal living room, a dedicated dining space, and a generous family room complete with a cozy wood-burning fireplace. The eat-in kitchen offers plenty of space for family meals, while the convenience of a main floor powder room and laundry room adds to the home's functionality. Upstairs, you'll find four well-proportioned bedrooms, including a spacious primary suite with large closet and a private ensuite. An additional full bathroom completes the upper level. The finished basement expands your living space with a versatile recreation room-perfect for a home theatre, playroom, gym, or office. You'll also find abundant storage and a rough-in for a future bathroom, offering even more potential for customization. Outdoors, this pool-sized, flat lot is fully fenced providing privacy and tranquility. Mature trees and established gardens create a serene setting, while the deck and shaded patio area-with a decorative fish pond-offer a balance of sun and shade for relaxing or entertaining all summer long. Located on quiet and family-friendly Magnolia Place, this home offers easy access to highways, St. Jacobs Market, excellent schools, and everyday amenities. Ready to be welcome it's new owner for the next 40 years.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,987
- Land Transfer Tax Fee
- $14,073
Rental Items
- Rental Equipment
- Hot water heater
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Auto Garage Door Remote, Water Softener
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding, Brick Front
- Roof
- Shingles
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 60.63 ft
- Lot Depth
- 134.72 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- All appliances in as is condition
Exclusions
- Exclusions
- staging items
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Dining Room—Main level
- Family Room—Main level
- Foyer—Main level
- Kitchen—Main level
- Living Room—Main level
- Laundry—Main level
- Bedroom—Second level
- Bedroom 2—Second level
- Bedroom 3—Second level
- Bedroom 4—Second level
- Den—Basement level
- Recreation—Basement level
Washrooms
- 4-piece, Second
- 2-piece, Main
- Municipality
- Waterloo
- Main cross streets
- Northlake Dr
- Zoning
- SR1
- Directions
- Northlake Dr to Magnolia Pl
- MLS® number
- X13028718
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-27
- Listed on
- 2026-04-22
- Days on market
- 5 days
- Possession type
- Flexible
- Co-op commission
- 2%+HST
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for 285 Magnolia Place, Waterloo, , . Listed for $879,900
HOMEH Estimate
$953,000
Estimated Sales Range
$752,870 - $1,153,130
HOMEH Estimate for 285 Magnolia Place, 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 $379,900 over $500K
$62,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $32,662 | $24,549 | $20,942 | $0 |
=Total mortgage | $849,209 | $816,459 | $768,857 | $703,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,146monthly | $3,986monthly | $3,754monthly | $3,437monthly |
Land Transfer Tax
$14,073
$14,073
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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