Sold Conditionally 13 days ago
Sold Price Unavailable

516 Preakness Street

Waterloo (University Downs), ON N2K 0C1

Detached House Sold ConditionalNot available

Property not available for sale or for rent.

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Sale & Price History for 516 Preakness Street, Waterloo, University Downs

2026-09-11
2026-10-02
Sold Conditional
Price
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MLS#
x13771596

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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 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.

$1,343,242Medium confidence
Based on 9 comparable properties
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:8.2%

5% on first $500K + 10% on $899,900 over $500K

Minimum down payment

$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
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Land Transfer Tax

Provincial

$24,473

Total Land Transfer Tax

$24,473

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0/100Minimal Transit
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