Sold for:Sold Aug 26, 2025
$1,450,000

516 Chancery Lane

Waterloo, ON N2T 2N4

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 516 Chancery Lane, Waterloo

2025-08-16
2025-08-26
Sold
Price
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MLS#
x12356761

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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 516 Chancery Lane, Waterloo

A custom-built home located in the regions best rated school catchement; Laurelwood is one of Waterloo's most sought-after neighbourhoods. Backing onto Trillium Valley Park, this large family home's backyard is essentially a Private "forest" that will always maintain this greenspace appeal. This home checks all the boxes, featuring 2 levels of above ground living + a beautiful in-law suite on the lower walk-out level with separate entrance! When you enter you will immediately be awed by the brightness, floor-to-ceiling picture windows frame the backyard foliage and natural light floods the main living room. A cozy den/office room is tranquil with an aquarium wall, a dedicated dining room, a large family/living room with cathedral ceilings and a gas fireplace leading into the Kitchen featuring Granite countertops and Stainless appliances & dinette area. A door from the kitchen leads to a beautiful cedar deck, large enough to host a crew! A laundry/mudroom off the double car garage and powder room complete this level. Upstairs you will find 4 bedrooms, 3 nice sized rooms and a 4-piece bathroom and a massive Primary Suite, with not 1 BUT 2 walk-in-closets and a 5-piece bathroom. As if this isn't enough, the lower level is like an entire home to itself. A walk out level allows for an abundance of natural light on this floor too. A complete kitchen with Quartz countertops and stainless steel appliances, a large family room with a gas fireplace, an office/gym area, 2 bedrooms and a 3-piece bathroom make this an ideal space for multi-generational living, a great area for extended family and children. Scenic walking trails, neighbourhood parks, the BEST schools within walking distance plus just minutes to the universities. 516 Chancery Lane has it all.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,436
Land Transfer Tax Fee
$25,475

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
In-Law Suite
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

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

Lot

Lot Front
50.95 ft
Lot Depth
107.00 ft

Inclusions

Inclusions
Basement Fridge/Stove/Microwave, BBQ, Electric Fireplace in Primary, 120 Gallon Aquarium (if wanted)

Exclusions

Exclusions
Main floor microwave, curtains (rods will remain in the home)

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

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

Bedrooms
6
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Breakfast—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Mud Room—
    Main level
  • Office—
    Main level
  • Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Primary Bedroom—
    Second level
  • Bedroom—
    Basement level
  • Bedroom 2—
    Basement level
  • Kitchen—
    Basement level
  • Office—
    Basement level
  • Recreation—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 5-piece, Second
  • 4-piece, Basement

Municipality
Waterloo
Main cross streets
Columbia St, Erbsville Rd
Directions
Columbia St. to Chancery Lane

MLS® number
X12356761
Data source
Toronto Regional Real Estate Board
Status change
2025-08-26
Listed on
2025-08-16
Days on market
10 days
Possession date
2025-10-15
Possession type
30-59 days
Co-op commission
2%
Seller
Listed by
ROYAL LEPAGE WOLLE REALTY

Home Market Value

Current home valuation for 516 Chancery Lane, Waterloo, , . Listed for $1,450,000

HOMEH Estimate

?

$1,389,261

Estimated Sales Range

?

$1,097,516 - $1,681,006

HOMEH Estimate for 516 Chancery Lane, Waterloo

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

$1,389,261Medium confidence
Based on 11 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Land Transfer Tax

Provincial

$25,475

Total Land Transfer Tax

$25,475

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