Sold for:Sold Feb 24, 2026
$724,900

Unit 1, 511 Oakvale Drive

Waterloo, ON N2T 2G6

Freehold Townhouse 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 Unit 1, 511 Oakvale Drive, Waterloo

2025-11-17
2026-02-24
Sold
Price
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MLS#
x12550318

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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 Unit 1, 511 Oakvale Drive, Waterloo

Summarized Description

  • Spacious freehold townhouse in Westvale, Waterloo.
  • Fully finished walkout basement with new upgrades.
  • Massive primary bedroom with ensuite bathroom.
  • Private deck with great views for relaxation.
  • Open concept living and dining area for entertaining.
  • Close to schools, parks, and shopping amenities.
  • Updated lighting and modern finishes throughout.
  • Book your private showing today!

Stop scrolling. Start packing. Here's a spacious freehold townhouse in the quiet well maintained neighbourhood of Westvale in Waterloo. With many new improvements including a fully finished walkout basement, new bathtub, bathroom flooring, and updated lighting, this home has everything and then some. Consider the bright spacious kitchen with easy access to the open concept living and dining room. Consider too the 3 bedrooms on the second floor, including a massive primary bedroom with ensuite bathroom. Step out from the dining room to your own private deck with great views for a morning cappuccino or evening glass of wine. Cozy up in front of the rec room fireplace for a romantic interlude, or step out to the lower level patio to cook up some burgers on the BBQ. The combination Laundry/storage room round out an ergonomically efficient and comfortable space. Close to the Boardwalk at Ira Needles Blvd., and only a stone's throw away from a myriad of other great amenities, including Waterloo Costco, schools, banks, restaurants, parks and trails, this home exudes the perfect blend location, condition and price. Book your private showing today. You'll be glad you did.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,946
Land Transfer Tax Fee
$10,973

Rental Items

Rental Equipment
HWT
Under Contract
Hot Water Tank-Gas

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Auto Garage Door Remote, Floor Drain, Water Softener
Security Features
Smoke Detector, Carbon Monoxide Detectors
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Patio, Year Round Living
Pool
Community, Indoor
Property Features
Hospital, Library, Park, Public Transit, School, Rec./Commun.Centre

Building

Building Type
Freehold Townhouse
Building Style
2-Storey
Approx Age
31-50

Construction

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

Lot

Lot Front
9.31 ft
Lot Depth
136.63 ft
Lot Shape
Pie

Inclusions

Inclusions
Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Window Coverings, Shelving in Laundry Room

Exclusions

Exclusions
Small wooden raised bed garden frame

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

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

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Main level, 2 Pc Bath
  • Kitchen—
    Main level, B/I Dishwasher, Backsplash
  • Living Room—
    Main level, Bay Window
  • Dining Room—
    Main level
  • Primary Bedroom—
    Second level, Walk-In Closet(s)
  • Bathroom—
    Second level, Ensuite Bath, 3 Pc Bath
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Recreation—
    Basement level
  • Laundry—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 2-piece, Main
  • 3-piece, Second
  • 4-piece, Second

Municipality
Waterloo
Main cross streets
Thorndale Drive
Zoning
R8
Directions
East on Thorndale Drive at the Thorndale and Ira Needles traffic circle. Stay on Thorndale through two stop signs. Turn right onto Oakvale Drive. House is the first in the third block of 6 townhomes on the left side of the street.

MLS® number
X12550318
Data source
Toronto Regional Real Estate Board
Status change
2026-02-24
Listed on
2025-11-17
Days on market
99 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
Home and Property Real Estate Ltd.

Home Market Value

Current home valuation for Unit 1, 511 Oakvale Drive, Waterloo, , . Listed for $724,900

HOMEH Estimate

?

$699,500

Estimated Sales Range

?

$552,605 - $846,395

HOMEH Estimate for Unit 1, 511 Oakvale Drive, Waterloo

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

$699,500Medium confidence
Based on 6 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Minimum Down Payment Required:6.6%

5% on first $500K + 10% on $224,900 over $500K

Minimum down payment

$47,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$
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$27,082$20,225$17,253$0
=Total mortgage
$704,139$672,635$633,418$579,920
Amortization
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Payment frequency
=Mortgage payment
$3,438monthly$3,284monthly$3,093monthly$2,831monthly
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Land Transfer Tax

Provincial

$10,973

Total Land Transfer Tax

$10,973

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