
391 Timlock Place
Waterloo, ON N2K 3J1
- 4Bedrooms
- 4Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $7,963Tax
- 60×116 ftLot Size
- Estimated Value:$1,245,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 391 Timlock Place, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-06-23 | 2026-07-06 | Login to See Prices | Sold | x13482364 |
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About 391 Timlock Place, Waterloo
Summarized Description
- Beautifully updated family home in Waterloo's Lexington neighbourhood.
- Private backyard perfect for children and pets.
- Finished basement with recreation and games area.
- Four generous bedrooms with updated ensuite bath.
- Multiple living areas for flexible entertaining.
- New roof and updated windows enhance value.
- Quiet court location with strong community feel.
- Close to parks, trails, and everyday amenities.
Welcome to this beautifully updated family home tucked away on a quiet court in Waterloo's sought-after Lexington neighbourhood. Surrounded by mature trees, parks, trails, schools and a strong sense of community, this is the kind of neighbourhood where families put down roots and stay for years. Offering generous above-grade living space plus a finished basement, this 4-bedroom, 4-bathroom home blends comfort, functionality and timeless style. Freshly painted in neutral tones with recent basement updates, it has been well maintained with a new roof (2020), furnace (2014), air conditioner (2025) and many updated windows. The spacious kitchen is the heart of the home, with plenty of room for family and friends to gather. Multiple living areas on the main floor provide flexibility for everyday living and entertaining, including a welcoming family room, dining room and separate sitting room. Main floor laundry adds convenience. Upstairs, four generous bedrooms include a relaxing primary retreat with a beautifully updated ensuite bath. The finished basement adds valuable living space with a large recreation and games area, perfect for movie nights, gaming, ping pong, board games or simply spending time together. A separate bonus room works equally well as a home office, fitness room, guest space or hobby room. A two-piece bathroom and ample storage complete the lower level. Outside, the large private backyard offers plenty of room for children and pets to play, gardens to grow, or future outdoor living plans. A double garage and parking for four vehicles provide plenty of room for family and guests. Located minutes from Rim Park, recreation facilities, transit, shopping and everyday amenities, this home offers the perfect balance of peaceful suburban living and convenient city access. Beautifully maintained, thoughtfully updated and ideally located, this is a rare opportunity to own a home in one of Waterloo's most desirable family neighbourhoods.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,963
- Land Transfer Tax Fee
- $20,473
Rental Items
- Rental Equipment
- Water Heater
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Full, Finished
Interior Features
- Interior Extras
- Auto Garage Door Remote, Central Vacuum, Floor Drain, Sump Pump, Water Softener
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Patio
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 31-50
Construction
- Exterior Finish
- Aluminum Siding, Brick Front
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 60.17 ft
- Lot Depth
- 115.98 ft
Inclusions
- Inclusions
- Central Vac, Dishwasher, Dryer, Garage Door Opener, Gas Stove, Microwave, Range Hood, Refrigerator, Washer, Window Coverings
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
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 2 Pc Bath
- Breakfast—Main level
- Dining Room—Main level
- Family Room—Main level
- Kitchen—Main level
- Laundry—Main level
- Living Room—Main level
- Bathroom—Second level, 4 Pc Bath
- Bathroom—Second level, 5 Pc Ensuite
- Bedroom—Second level
- Bedroom 2—Second level
- Bedroom 3—Second level
- Primary Bedroom—Second level
- Bathroom—Basement level, 2 Pc Bath
- Other—Basement level
- Recreation—Basement level
- Cold Room/Cantina—Basement level
Washrooms
- 2-piece, Main
- 4-piece, Second
- 5-piece, Second
- 2-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- Forestlawn
- Zoning
- SR2
- Directions
- Bridge to Dansbury to Forestlawn to Timlock Pl
- MLS® number
- X13482364
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-06
- Listed on
- 2026-06-23
- Days on market
- 13 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- ROYAL LEPAGE WOLLE REALTY
Home Market Value
Current home valuation for 391 Timlock Place, Waterloo, , . Listed for $1,199,900
HOMEH Estimate
$1,245,000
Estimated Sales Range
$983,550 - $1,506,450
HOMEH Estimate for 391 Timlock 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 $699,900 over $500K
$94,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $44,156 | $33,477 | $28,558 | $0 |
=Total mortgage | $1,148,064 | $1,113,387 | $1,048,473 | $959,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,605monthly | $5,436monthly | $5,119monthly | $4,687monthly |
Land Transfer Tax
$20,473
$20,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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