Listed for:Listed May 22, 2026
$1,045,000

409 Tealby Crescent

Waterloo (Colonial Acres), ON N2J 4Y8

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 409 Tealby Crescent, Waterloo, Colonial Acres

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 409 Tealby Crescent, Waterloo, Colonial Acres

Summarized Description

  • Turn-key detached home with versatile layout
  • Fully finished basement suite with separate entrance
  • Four spacious bedrooms and cozy study space
  • Open concept living area with vaulted ceilings
  • Excellent rental income potential for investors
  • Conveniently located near essential amenities
  • Close to University of Waterloo and public transit
  • Currently tenanted basement for immediate cashflow

409 Tealby Crescent is a refined, turn-key detached home in Waterloo, originally built as the builder's model and thoughtfully designed for both everyday living and long-term value. The home offers four well-proportioned bedrooms on the second floor, complemented by a fully finished basement suite with a separate entrance, fifth bedroom, and full living quarters. In total, the property provides 1,833 square feet above grade (MPAC) plus approximately 915 square feet of finished basement space. Some of the features in this home include a large 4th bedroom addition with vaulted ceilings and a gas fireplace, a cozy study space, an open concept living space and a fully finished basement suite that is fully self-contained with its own kitchen, bathroom, laundry, bedroom, and living area, offering excellent flexibility for multi-generational living or rental income. Whether you choose to enjoy the entire home or offset ownership costs by leasing the basement, this property delivers versatility without compromise. As an investor, you can even lease the top and bottom floors separately for ultimate cashflow. The basement suite is currently tenanted on a month-to-month basis. 409 Tealby Crescent is conveniently located near public transit, Conestoga Parkway, Conestoga Mall, the University of Waterloo (7-minute drive), essential amenities such as restaurants, grocery stores, banks and Home Depot and more. Make 409 Tealby Crescent yours!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,603
Land Transfer Tax Fee
$17,375

Rental Items

Rental Equipment
Reliance water softener and Reliance Hot Water Tank.

Basement Type
Separate Entrance, Finished

Interior Features

Interior Extras
Water Softener
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Landscaped
Pool
None
Property Features
Fenced Yard, Public Transit, School

Building

Building Type
Detached
Building Style
2-Storey

Construction

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

Lot

Lot Front
32.48 ft
Lot Depth
102.78 ft

Inclusions

Inclusions
Stainless steel dishwasher, stainless steel above-the-range Sakura fan, stainless steel Electrolux gas cooktop and stove, stainless steel double door Samsung fridge, stainless steel fridge in basement, stainless steel dishwasher in basement, stainless steel electric cooktop in basement, stainless steel above-the-range microwave, fan and stacked washer & dryer in basement, all electric fixtures, all window coverings, shed in backyard.

Parking & Garages

Garage Type
Built-In
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 + 1
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Living Room—
    Ground level, Broadloom, Walk Through, Large Window
  • Breakfast—
    Ground level, W/O To Deck, Walk Through
  • Kitchen—
    Ground level, Stainless Steel Appl, Backsplash, Tile Floor
  • Primary Bedroom—
    Second level, His and Hers Closets, 3 Pc Ensuite, Large Window
  • Bedroom 2—
    Second level, Broadloom, Window, Large Closet
  • Bedroom 3—
    Second level, Broadloom, Window
  • Bedroom 4—
    Second level, Gas Fireplace, Vaulted Ceiling(s), Large Window
  • Study—
    Second level, Broadloom, Pot Lights
  • Bedroom 5—
    Basement level, 4 Pc Ensuite, Laminate, Large Closet
  • Living Room—
    Basement level, Stainless Steel Appl, Laminate, Stone Counters

Washrooms

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

Municipality
Waterloo
Neighbourhood
Colonial Acres
Main cross streets
Dearborn & Lexington
Directions
Dearborn & Lexington

MLS® number
X13161324
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-22
Updated on
2026-06-03
Days on market
148 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
HARVEY KALLES REAL ESTATE LTD.

Home Market Value

Current home valuation for 409 Tealby Crescent, Waterloo, Colonial Acres, Waterloo, ON. Listed for $1,045,000

HOMEH Estimate

?

$834,703

Estimated Sales Range

?

$659,415 - $1,050,628

HOMEH Estimate for 409 Tealby Crescent, Waterloo, Colonial Acres

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

$834,703Medium confidence
Based on 7 comparable properties
+ $210,297 (25%) 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:7.6%

5% on first $500K + 10% on $545,000 over $500K

Minimum down payment

$79,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$38,581$29,156$24,871$0
=Total mortgage
$1,003,116$969,656$913,121$836,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,898monthly$4,734monthly$4,458monthly$4,082monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$17,375

Total Land Transfer Tax

$17,375

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