
516 Preakness Street
Waterloo (University Downs), ON N2K 0C1
- 4Bedrooms
- 3Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $8,794Tax
- 47×109 ftLot Size
- Estimated Value:$1,343,242See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 516 Preakness Street, Waterloo, University Downs
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-09-11 | 2026-10-02 | Login to See Prices | Sold Conditional | x13771596 |
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About 516 Preakness Street, Waterloo, University Downs
Summarized Description
- Exceptional custom-built residence in Woolwich Estates
- Chef's kitchen with quartz countertops and walk-in pantry
- Luxurious primary retreat with spa-inspired ensuite
- Backyard oasis featuring pool and hot tub
- Seamless indoor-outdoor living with covered patio
- Four spacious bedrooms for family and guests
- Impeccable craftsmanship and timeless design throughout
Welcome to this exceptional custom-built residence in prestigious Woolwich Estates, where timeless design, impeccable craftsmanship and thoughtful details create a truly remarkable home. From the impressive foyer, the main floor unfolds beautifully with a private office, spacious mudroom, and showstopping chef's kitchen featuring quartz countertops and a walk-in pantry. The inviting living room, anchored by a gas fireplace, opens seamlessly to the covered patio, creating an effortless connection between indoor and outdoor living. Upstairs, four generous bedrooms offer exceptional space for family and guests. The luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while the second and third bedrooms share a convenient Jack-and-Jill ensuite. The breathtaking backyard oasis designed for unforgettable summers and effortless entertaining, this private resort-like retreat features a sparkling pool, hot tub and fabulous covered entertaining space. Whether hosting a crowd, enjoying long summer evenings poolside or simply unwinding at home, this backyard offers an extraordinary lifestyle rarely found. This spectacular home perfectly blends luxury, comfort and exceptional indoor-outdoor living.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,794
- Land Transfer Tax Fee
- $24,473
Rental Items
- Rental Equipment
- Hot Water Heater
- Under Contract
- Hot Water Heater
- Basement Type
- Full, Unfinished
Interior Features
- Interior Extras
- Air Exchanger, Auto Garage Door Remote, Central Vacuum
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Patio, Lawn Sprinkler System, Hot Tub, Landscaped
- Pool
- Inground
- Property Features
- Golf, Rec./Commun.Centre, Place Of Worship, Park, School, School Bus Route
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding, Stone
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 46.72 ft
- Lot Depth
- 109.12 ft
Inclusions
- Inclusions
- Dishwasher, Dryer, Garage Door Opener, Hot Tub, Microwave, Pool Equipment, Range Hood, Refrigerator, Stove, Washer, Window Coverings, Outdoor bar fridge, bar stools
Exclusions
- Exclusions
- Moss Art, Bike lifts, Rod holders and Ski racks in garage
Parking & Garages
- Garage Type
- Built-In
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Washrooms
- 2-piece, Main
- 5-piece, Second
- Municipality
- Waterloo
- Neighbourhood
- University Downs
- Main cross streets
- Carriage Way N and Woolwich St
- Directions
- Woolwich St to Carriage Way N to Preakness St
- MLS® number
- X13771596
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-02
- Listed on
- 2026-09-11
- Days on market
- 21 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Home Market Value
Current home valuation for 516 Preakness Street, Waterloo, University Downs, Waterloo, ON. Listed for $1,399,900
HOMEH Estimate
$1,343,242
Estimated Sales Range
$1,061,161 - $1,625,323
HOMEH Estimate for 516 Preakness Street, Waterloo, University Downs
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $899,900 over $500K
$114,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $51,348 | $39,057 | $33,318 | $0 |
=Total mortgage | $1,335,056 | $1,298,967 | $1,223,233 | $1,119,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,518monthly | $6,342monthly | $5,972monthly | $5,468monthly |
Land Transfer Tax
$24,473
$24,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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