Sold for:Sold 24 days ago
$810,000

514 Forestlawn Road

Waterloo (Lexington), ON N2K 3X9

Detached House 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 514 Forestlawn Road, Waterloo, Lexington

2026-07-23
2026-09-21
Sold
Price
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MLS#
x13598520

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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 514 Forestlawn Road, Waterloo, Lexington

Summarized Description

  • Rare bungalow in family-friendly North Waterloo neighborhood
  • Fully renovated kitchen with modern finishes
  • Private backyard oasis with deck and custom pond
  • Finished basement with additional bedrooms and rec room
  • Ensuite privilege to spacious primary bedroom
  • Ample parking with double driveway and garage
  • Move-in ready with new high efficiency systems
  • Close to amenities and major commuter routes

Visit REALTOR website for additional information. Listings are generally rare in this family friendly North Waterloo neighbourhood. Rarer still is the opportunity to purchase a bungalow. Welcome to 514 Forestlawn Road! This all-brick 3+2 bedroom bungalow greets you with a double driveway and a large covered front porch and is placed on a large corner lot. The Main floor offers a generously sized stunning kitchen which has recently undergone a complete renovation. Kitchen leads to formal Living and dining rooms with French Doors. Down the hall there are three bedrooms. The primary bedroom offers ensuite privilege to the 6 piece bathroom. Added convenience of main level laundry as well just off of the kitchen. The kitchen also provides convenient access to the private backyard oasis; a deck & patio with fenced yard, extensive gardens and even a custom built fish pond. The basement is finished with two additional bedrooms (just need egress windows) as well as a large recroom with gas fireplace, an additional full bathroom as well as plenty of storage. The home sits on a large corner lot with a fully fenced backyard, deck & storage shed with electricity. Plenty of parking (3 wide on a brand new concrete driveway) plus doubly garage. Close to all area amenities as well as major commuter routes. The home is move in ready with a new High efficiency furnace, Hot Water Heater (owned) and a High efficiency cold weather heat pump as well! Don't delay!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,729
Land Transfer Tax Fee
$12,675

Rental Items

Rental Equipment
None

Basement Type
Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Central Vacuum, Sump Pump, Water Heater Owned
Fireplace/Stove
Yes
Fireplace Features
Rec Room
Elevator
No

Exterior Features

Exterior Extras
Landscape Lighting, Landscaped, Patio, Porch
Pool
None
Property Features
Electric Car Charger, Park, Public Transit, School, School Bus Route
Other Structures
Fence - Full, Shed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
16-30

Construction

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

Lot

Lot Front
53.81 ft
Lot Depth
112.70 ft
Lot Shape
Irregular

Inclusions

Inclusions
Fridge, Stove, Dishwasher, OTR Microwave, Bar Fridge, Blinds (Not Curtains & Rods), Bookshelf in bedroom, Water Softener

Exclusions

Exclusions
TV and wall mount in basement, Curtains with rods

Parking & Garages

Garage Type
Attached
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
3 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Family Room—
    Basement level
  • Bedroom—
    Main level
  • Primary Bedroom—
    Main level
  • Den—
    Basement level
  • Dining Room—
    Main level
  • Bedroom—
    Basement level

Washrooms

  • 5-piece, Main
  • 3-piece, Basement

Municipality
Waterloo
Neighbourhood
Lexington
Main cross streets
Forestlawn & Dansbury
Zoning
SRI10
Directions
Forestlawn & Dansbury

MLS® number
X13598520
Data source
Toronto Regional Real Estate Board
Status change
2026-09-21
Listed on
2026-07-23
Days on market
60 days
Possession type
60-89 days
Co-op commission
$1 by Seller $1 by LB
Seller
Listed by
PG DIRECT REALTY LTD.

Home Market Value

Current home valuation for 514 Forestlawn Road, Waterloo, Lexington, Waterloo, ON. Listed for $810,000

HOMEH Estimate

?

$874,753

Estimated Sales Range

?

$612,327 - $1,137,179

HOMEH Estimate for 514 Forestlawn Road, Waterloo, Lexington

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

$874,753Low confidence
Based on 5 comparable properties
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:6.9%

5% on first $500K + 10% on $310,000 over $500K

Minimum down payment

$56,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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%
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%
$
+CMHC insurance
$30,132$22,599$19,278$0
=Total mortgage
$783,432$751,599$707,778$648,000
Amortization
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%
%
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Payment frequency
=Mortgage payment
$3,825monthly$3,670monthly$3,456monthly$3,164monthly
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Land Transfer Tax

Provincial

$12,675

Total Land Transfer Tax

$12,675

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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