
514 Forestlawn Road
Waterloo (Lexington), ON N2K 3X9
- 3+1Bedrooms
- 2Bathrooms
- 2Garage
- 1100–1500Sq Ft
- $5,729Tax
- 54×113 ftLot Size
- Estimated Value:$874,753See Free Estimate Report

Property not available for sale or for rent.
HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.
Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 514 Forestlawn Road, Waterloo, Lexington
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-07-23 | 2026-09-21 | Login to See Prices | Sold | x13598520 |
Real estate boards require you to or to see the full details of this property.
*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.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $310,000 over $500K
$56,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $30,132 | $22,599 | $19,278 | $0 |
=Total mortgage | $783,432 | $751,599 | $707,778 | $648,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,825monthly | $3,670monthly | $3,456monthly | $3,164monthly |
Land Transfer Tax
$12,675
$12,675
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
Nearby neighbourhoods
No nearby listings available.


















