Sold for:Sold Dec 5, 2025
$1,295,000

391 Northlake Drive

Waterloo, ON N2V 1W8

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 391 Northlake Drive, Waterloo

2025-09-12
2025-12-05
Sold
Price
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MLS#
x12399540
2025-07-09
2025-09-12
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 391 Northlake Drive, Waterloo

Calling All Nature Lovers! A Rare, Private Retreat Backing Onto Tranquil Forest in Waterloo West! Welcome to your own forest-side oasis! Tucked away in one of Waterloo Wests most sought-after locations, this custom-built sidesplit offers over 4,700 sq ft of beautifully maintained living space backing directly onto a peaceful, protected forest. Whether you're an outdoor enthusiast, empty nester, busy professional, or someone who simply craves peace and privacy, this property is a true sanctuary. Imagine stepping out to your private, wooded backyard with zero maintenance required perfect for those who spend summers up north or love connecting with nature year-round. Direct access to nearby trails makes walking, jogging, mountain biking, or cross-country skiing a part of your everyday lifestyle. Lovingly cared for by the original family, the home blends timeless charm with modern comfort in a tranquil, tree-lined setting. Vaulted ceilings, expansive windows, and an open, airy layout create a warm and welcoming atmosphere. Recently painted throughout and featuring brand-new flooring, the home is move-in ready yet offers room for personal touches and updates. Upstairs, you'll find four spacious bedrooms, including a serene primary suite with its own private balcony perfect for your morning coffee or unwinding with treetop views. The cleverly designed walk-up basement, excavated beneath the garage, offers soaring ceilings and oversized windows, creating a bright, flexible space ideal for a home theatre, gym, games room, or private retreat. Step outside to a massive, newly built deck that spans the entire back of the home an entertainers dream and the perfect spot to relax, dine, or simply soak in the sights and sounds of the surrounding forest. This is more than just a home its a rare blend of privacy, space, and unbeatable location. You're just minutes from everything Waterloo has to offer, yet it feels like a world away.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,991
Land Transfer Tax Fee
$22,375

Rental Items

Rental Equipment
Water Heater

Basement Type
Full, Walk-Up

Interior Features

Interior Extras
Sump Pump, Water Softener
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None
Property Features
Park, Place Of Worship, School

Building

Building Type
Detached
Building Style
Sidesplit 4
Approx Age
31-50

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
63.71 ft
Lot Depth
131.43 ft

Inclusions

Inclusions
Fridge, stove, dishwasher, microwave, washer, dryer, window coverings, pool table, one garage remote

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
3
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
4
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Main level
  • Breakfast—
    Main level
  • Dining Room—
    Main level
  • Family Room—
    Main level
  • Kitchen—
    Main level
  • Laundry—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Second level
  • Bathroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bathroom—
    Second level
  • Family Room—
    Basement level
  • Bathroom—
    Basement level
  • Recreation—
    Basement level
  • Workshop—
    Basement level
  • Utility Room—
    Basement level
  • Other—
    Basement level

Washrooms

  • 2-piece, Main
  • 3-piece, Second
  • 5-piece, Second
  • 2-piece, Basement

Municipality
Waterloo
Main cross streets
Fern Road
Zoning
SR1
Directions
Westmount Road to Conservation Drive
Waterfront
None

MLS® number
X12399540
Data source
Toronto Regional Real Estate Board
Status change
2025-12-05
Listed on
2025-09-12
Days on market
84 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for 391 Northlake Drive, Waterloo, , . Listed for $1,295,000

HOMEH Estimate

?

$1,053,000

Estimated Sales Range

?

$820,304 - $1,285,696

HOMEH Estimate for 391 Northlake Drive, Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,053,000Low confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $795,000 over $500K

Minimum down payment

$104,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,604$36,131$30,821$0
=Total mortgage
$1,237,709$1,201,631$1,131,571$1,036,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,043monthly$5,867monthly$5,525monthly$5,058monthly
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Land Transfer Tax

Provincial

$22,375

Total Land Transfer Tax

$22,375

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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