Was listed for:Terminated Aug 24, 2026
$999,880

406 Tamarack Drive

Waterloo (Lakeshore Village), ON N2L 4G6

Detached House TerminatedNot 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 406 Tamarack Drive, Waterloo, Lakeshore Village

2026-04-18
2026-08-24
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Price
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MLS#
x13016716
2026-07-20
2026-08-08
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Price
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2026-06-02
2026-07-20
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2026-04-07
2026-06-02
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2026-02-14
2026-04-18
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2026-03-16
2026-04-08
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2026-03-16
2026-04-07
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2026-02-12
2026-03-16
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2025-12-05
2026-03-16
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2025-11-18
2026-02-14
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2025-09-24
2025-12-05
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2025-07-08
2025-09-24
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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 406 Tamarack Drive, Waterloo, Lakeshore Village

Summarized Description

  • Renovated duplex in Waterloo's University District.
  • Walking distance to major universities.
  • Modern kitchen with quartz countertops.
  • Turnkey, income-generating property.
  • Private backyard with no rear neighbours.
  • Separate entrance for main-floor rental.
  • Extensive upgrades including waterproofed basement.
  • Potential for future medium-rise development.

Welcome To This Beautifully Renovated, Fully Licensed Legal Duplex In The Heart Of Waterloo's Desirable University District. Walking Distance To Wilfrid Laurier University, University Of Waterloo, And Conestoga College-Ideal For Investors And Student Living.The Second Floor Features A Modern Kitchen With Quartz Countertops, Backsplash, New Cabinetry, And Stainless-Steel Appliances, With Walk-Out To A Balcony Overlooking A Private Backyard Backing Onto St. David Catholic Secondary School Field-No Rear Neighbours. Bright Open-Concept Living/Dining And 4 Spacious Bedrooms.Separate Entrance To A Fully Finished Main-Floor Apartment, Perfect For Rental Income Or Extended Family. Extensive Upgrades Include Waterproofed Basement And Rare 200-Amp Electrical Panel. Updates: Roof (2021), HVAC (2021), Gas Meter (2021), Electrical (2021); Garage Door (2022); Driveway (2024); Main Floor (2025).City-Licensed Student Rental Generating Approx. $5,000/Month During School Year. Located In An Area With Future Medium-Rise Development Potential.Turnkey, Income-Generating Legal Duplex With 2 Licensed Units In A Prime Location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,230
Land Transfer Tax Fee
$16,473

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Full, Apartment

Interior Features

Interior Extras
Auto Garage Door Remote, Carpet Free
View
Clear
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Privacy
Pool
None
Property Features
Clear View, Library, Park, Public Transit, School

Building

Building Type
Detached
Building Style
Bungalow-Raised

Construction

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

Lot

Lot Front
58.05 ft
Lot Depth
125.46 ft

Inclusions

Inclusions
Existing Appliances: 2 Fridges, 2 Stoves, 2 range hoods, 1 Dishwasher, 2 Washers, 2Dryers, 2 Range Hoods, all existing window covers.

Exclusions

Exclusions
All Tenants Belongings

Parking & Garages

Garage Type
Built-In
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
Natural Gas
Available
Hydro
Available

Bedrooms
5
Washrooms
2
Kitchens
2

Room sizes

  • Living Room—
    Second level, Combined w/Dining, Laminate, Window
  • Dining Room—
    Second level, Combined w/Living, Renovated
  • Kitchen—
    Second level, W/O To Deck, Ceramic Backsplash, Double Sink
  • Primary Bedroom—
    Second level, B/I Closet, Overlooks Frontyard, Window
  • Bedroom 2—
    Second level, Overlooks Backyard, Laminate, Large Window
  • Bedroom 3—
    Second level, Overlooks Backyard, Laminate, Window
  • Bedroom 4—
    Second level, Overlooks Frontyard, Laminate, Window
  • Bathroom—
    Second level, 4 Pc Bath, Large Window, Window
  • Breakfast—
    Main level, Renovated
  • Kitchen—
    Main level, Double Sink, B/I Range, Large Window
  • Living Room—
    Main level, Renovated, Large Window
  • Bedroom 5—
    Main level, Renovated, Above Grade Window
  • Bathroom—
    Main level, Concrete Floor, Above Grade Window
  • Laundry—
    Main level, Ceramic Floor, Above Grade Window

Washrooms

  • 4-piece, Second
  • 3-piece, Main

Municipality
Waterloo
Neighbourhood
Lakeshore Village
Main cross streets
Albert St / Columbia St W
Zoning
Resdiential
Directions
Albert St / Columbia St W

MLS® number
X13016716
Data source
Toronto Regional Real Estate Board
Status change
2026-08-24
Listed on
2026-04-18
Days on market
128 days
Possession date
2026-07-31
Possession type
Flexible
Co-op commission
3% + HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for 406 Tamarack Drive, Waterloo, Lakeshore Village, Waterloo, ON. Listed for $999,880

HOMEH Estimate

?

$985,000

Estimated Sales Range

?

$870,000 - $1,000,000

HOMEH Estimate for 406 Tamarack Drive, Waterloo, Lakeshore Village

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

$985,000Low confidence
Based on 3 comparable properties
+ $14,880 (2%) above our estimate
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

$
Waterloo, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,880 over $500K

Minimum down payment

$74,988

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,996$27,897$23,797$0
=Total mortgage
$961,885$927,789$873,695$799,904
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,696monthly$4,530monthly$4,266monthly$3,906monthly
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Land Transfer Tax

Provincial

$16,473

Total Land Transfer Tax

$16,473

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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