Listed for:Listed Sep 11, 2026
$699,900

391 Tamarack Drive

Waterloo (Lakeshore Village), ON N2L 4G7

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 391 Tamarack Drive, Waterloo, Lakeshore Village

No listing history available

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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 Tamarack Drive, Waterloo, Lakeshore Village

Summarized Description

  • Renovated home in Waterloo's University District.
  • Open-concept living area with bright natural light.
  • Private backyard ideal for relaxation and entertaining.
  • Fully finished ground-floor apartment for rental income.
  • Parking space for up to four vehicles available.
  • Proximity to major universities and amenities.
  • Located in a family-friendly neighborhood.
  • Potential for future medium-rise development.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,791
Land Transfer Tax Fee
$10,473

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Apartment, Development Potential

Interior Features

Laundry Level
Lower Level
Interior Extras
Accessory Apartment, In-Law Capability
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow-Raised
Approx Age
51-99

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
70.08 ft
Lot Depth
132.89 ft
Lot Size
7739
Lot Shape
Irregular

Inclusions

Inclusions
NONE

Exclusions

Exclusions
NONE

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

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

Bedrooms
3 + 1
Washrooms
3
Kitchens
2

Room sizes

  • Living Room—
    Main level, Vinyl Floor, Window
  • Primary Bedroom—
    Ground level, Vinyl Floor, Window, Closet
  • Kitchen—
    Main level, Vinyl Floor
  • Bedroom—
    Ground level, Vinyl Floor, Window, Closet
  • Bedroom—
    Basement level, Broadloom, Closet
  • Bedroom—
    Ground level, Vinyl Floor, Window, Closet
  • Recreation—
    Basement level

Washrooms

  • 3-piece, Ground
  • 3-piece, Basement
  • 2-piece, Basement

Municipality
Waterloo
Neighbourhood
Lakeshore Village
Main cross streets
Austin Drive
Directions
Columbia st to Hazel st to Austin

MLS® number
X13772182
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-11
Updated on
2026-09-29
Days on market
34 days
Possession type
Immediate
Co-op commission
2.25%
Seller
Listed by
RE/MAX REAL ESTATE CENTRE INC.

Home Market Value

Current home valuation for 391 Tamarack Drive, Waterloo, Lakeshore Village, Waterloo, ON. Listed for $699,900

HOMEH Estimate

?

$697,791

Estimated Sales Range

?

$551,255 - $844,327

HOMEH Estimate for 391 Tamarack Drive, Waterloo, Lakeshore Village

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

$697,791Medium confidence
Based on 3 comparable properties
+ $2,109 (0%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $199,900 over $500K

Minimum down payment

$44,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,176$19,527$16,658$0
=Total mortgage
$680,582$649,437$611,573$559,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,323monthly$3,171monthly$2,986monthly$2,734monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,473

Total Land Transfer Tax

$10,473

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