
516 Chancery Lane
Waterloo, ON N2T 2N4
- 6Bedrooms
- 4Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $9,436Tax
- 51×107 ftLot Size
- Estimated Value:$1,389,261See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 516 Chancery Lane, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-08-16 | 2025-08-26 | Login to See Prices | Sold | x12356761 |
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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $950,000 over $500K
$120,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $53,186 | $40,455 | $34,510 | $0 |
=Total mortgage | $1,382,836 | $1,345,455 | $1,267,010 | $1,160,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,752monthly | $6,569monthly | $6,186monthly | $5,664monthly |
Land Transfer Tax
$25,475
$25,475
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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