520 Teakwood Drive
Waterloo, ON N2L 4L4
- 3+2Bedrooms
- 2Bathrooms
- —Garage
- 700–1100Sq Ft
- $4,083Tax
- 65×122 ftLot Size
Estimated Value:$715,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 520 Teakwood Drive, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-01-14 | 2026-01-28 | Login to See Prices | Sold | x12696336 |
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About 520 Teakwood Drive, Waterloo
Summarized Description
- Located on a prime corner lot.
- Extensively renovated and move-in ready.
- Updated kitchen with modern features.
- Private back deck for outdoor enjoyment.
- Large family room and additional bedrooms.
- New furnace, sump pump, roof, and siding.
- Two expansive side yards for gardening.
- Filled with natural light throughout.
On a prime corner lot in the street of Lakeshore Village, you will find 520 Teakwood Drive. Sitting on an over-sized 65 by 122+ foot lot, this home offers plenty of outdoor space to enjoy with two large side yards and a private back deck. The interior is filled with natural light, creating a warm and inviting atmosphere across more than 2,000 square feet of total living space. Meticulously maintained, the main level features three bright bedrooms, including one with a seamless walk-out to the deck. Throughout this level, the recently refinished original hardwood floors add a touch of timeless character and warmth to every room. The kitchen has been thoughtfully updated with a larger island, newer appliances, modern countertops, and a stylish backsplash. Downstairs, the space continues to impress with a large family room and two additional bedrooms featuring egress windows. This lower level also includes a kitchenette new in 2018, a full bathroom, and laundry facilities. This home has been extensively renovated and is truly ready for its next owners. Much of the basement was redone in 2024, which included the installation of a new furnace and sump pump. The roof and siding were also redone this past fall (and come with an extensive transferable warranty). The storage shed was also completely rebuilt in the fall. This home is completely move-in ready. With two expansive side yards and a private back deck, this property is a dream for gardeners and families alike. Whether you're hosting a summer BBQ or enjoying a quiet morning coffee surrounded by mature trees, the outdoor space provides endless options for relaxation and play. Get in before the summer so you can relax and enjoy all that 520 Teakwood has to offer!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,083
- Land Transfer Tax Fee
- $12,055
- Basement Type
- Separate Entrance, Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free, Floor Drain, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned, Water Meter, Water Softener
- View
- City
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Landscaped, Patio
- Pool
- None
- Property Features
- Park, Public Transit, Rec./Commun.Centre
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 65.00 ft
- Lot Depth
- 122.00 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- All appliances, electric light fixtures. See list of recent improvements.
Parking & Garages
- Garage Type
- Carport
- Garage Spaces
- -1
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 3 + 2
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Living Room—Main level, Hardwood Floor, Large Window
- Primary Bedroom—Main level, Hardwood Floor, Double Closet, Window
- Bedroom—Main level, Hardwood Floor, Double Closet, Window
- Bedroom—Main level, Hardwood Floor, Closet, W/O To Deck
- Kitchen—Main level, Window, Backsplash, Centre Island
- Family Room—Basement level, Above Grade Window, Laminate
- Bedroom—Basement level, Window, Laminate
- Bedroom—Basement level, Window, Laminate
- Kitchen—Basement level, Laminate
Washrooms
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- Glen forrest blvd and Bearinger Rd
- Directions
- Glen forrest blvd and Bearinger Rd
- MLS® number
- X12696336
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-01-28
- Listed on
- 2026-01-14
- Days on market
- 14 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Home Market Value
Current home valuation for 520 Teakwood Drive, Waterloo, , . Listed for $779,000
HOMEH Estimate
$715,000
Estimated Sales Range
$564,850 - $865,150
HOMEH Estimate for 520 Teakwood Drive, 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 $279,000 over $500K
$52,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,041 | $21,734 | $18,540 | $0 |
=Total mortgage | $755,069 | $722,834 | $680,690 | $623,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,687monthly | $3,529monthly | $3,323monthly | $3,043monthly |
Land Transfer Tax
$12,055
$12,055
Around this home
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