
518 Preakness Street
Waterloo (University Downs), ON N2K 0C1
- 3Bedrooms
- 3Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $9,209Tax
- 40×117 ftLot Size
- Estimated Value:$1,206,250See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 518 Preakness Street, Waterloo, University Downs
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-06-11 | 2026-07-16 | Login to See Prices | Sold | x13433564 |
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About 518 Preakness Street, Waterloo, University Downs
Summarized Description
- Located in exclusive Woolwich Estates neighborhood.
- High-end home with impressive curb appeal.
- Features engineered hardwood flooring throughout.
- Gourmet kitchen with large island and stainless appliances.
- Spacious primary bedroom with custom finishes.
- Fully fenced backyard on a pie-shaped lot.
- Garage includes custom epoxy flooring.
- Close to parks, trails, and excellent schools.
Located in Waterloo East's exclusive Woolwich Estates, this spotless, high-end home sits in one of the area's most desirable pockets, surrounded by beautiful homes, mature streetscapes, parks and trails. Walking distance to Kiwanis Park, Grand View Trails, excellent schools and amenities, with easy access to the expressway, Rim Park, Grey Silo Golf Course, St. Jacobs, Conestoga Mall and Guelph. Impressive curb appeal starts with the brick and stucco exterior, interlock driveway, meticulous landscaping and oversized rich espresso front door. Exterior lighting on timers and an app-enabled in-ground sprinkler system make the outdoor care feel thoughtful and polished. Inside, the grand foyer features a vaulted ceiling and tiled floor, opening to a beautifully maintained main level with engineered hardwood flooring throughout. The kitchen offers stainless appliances, extensive cabinetry, a large island with breakfast bar seating and a servery with glass-front cabinetry, pantry, wine fridge and extra prep space. The kitchen flows into the bright living room with stone-surround fireplace, while the formal dining area offers great space for entertaining. A statement staircase leads to the second floor, where the soaring open-to-below design adds impressive detail. A bonus family room provides valuable extra living space for family, work-from-home needs or a cozy lounge area. The spacious primary bedroom features coffered ceilings, custom window treatments, a walk-in closet and well-appointed ensuite with double sinks and large frameless glass shower. Two additional bedrooms and a full 4-piece bath complete this level. Sliding doors off the kitchen lead to the fully fenced backyard, set on a pie-shaped lot offering more outdoor space than many lots in the area. Beautifully landscaped and lined with trees for added privacy, the yard features a large composite deck, pergola and backyard shed. Added bonus...the garage is fully drywalled and painted with a custom epoxy floor!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $9,209
- Land Transfer Tax Fee
- $23,473
Rental Items
- Rental Equipment
- Hot water heater
- Under Contract
- Hot Water Heater
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Auto Garage Door Remote, Sump Pump, Water Softener, Water Heater, Air Exchanger, Bar Fridge, Rough-In Bath
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped, Lawn Sprinkler System, Awnings, Landscape Lighting, Patio
- Pool
- None
- Property Features
- School, Place Of Worship, Hospital, Library, Public Transit, Arts Centre
- Other Structures
- Fence - Full, Garden Shed
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 6-15
Construction
- Exterior Finish
- Stone, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.17 ft
- Lot Depth
- 116.53 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Dishwasher, Dryer, Garage Door Opener, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Wine Cooler
Parking & Garages
- Garage Type
- Attached
- 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
- 3
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 2 Pc Bath
- Dining Room—Main level
- Kitchen—Main level
- Laundry—Main level
- Living Room—Main level
- Bathroom—Second level, 4 Pc Bath
- Bathroom—Second level, 4 Pc Ensuite
- Bedroom—Second level
- Bedroom—Second level
- Family Room—Second level
- Primary Bedroom—Second level
Washrooms
- 2-piece, Main
- 4-piece, Second
- 4-piece, Second
- Municipality
- Waterloo
- Neighbourhood
- University Downs
- Main cross streets
- Woolwich Street
- Zoning
- R4
- Directions
- Woolwich Street to Carriage Way to Preakness
- MLS® number
- X13433564
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-16
- Listed on
- 2026-06-11
- Days on market
- 35 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Home Market Value
Current home valuation for 518 Preakness Street, Waterloo, University Downs, Waterloo, ON. Listed for $1,349,900
HOMEH Estimate
$1,206,250
Estimated Sales Range
$952,938 - $1,459,563
HOMEH Estimate for 518 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 $849,900 over $500K
$109,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $49,568 | $37,662 | $32,128 | $0 |
=Total mortgage | $1,288,776 | $1,252,572 | $1,179,543 | $1,079,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,292monthly | $6,116monthly | $5,759monthly | $5,273monthly |
Land Transfer Tax
$23,473
$23,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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