Sold for:Sold Jul 4, 2026
$650,000

530 Penny Lane

Waterloo, ON N2T 2L2

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 530 Penny Lane, Waterloo

2026-06-22
2026-07-04
Sold
Price
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MLS#
x13473080

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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 530 Penny Lane, Waterloo

Summarized Description

  • Beautifully cared-for open-concept 2-storey home
  • Newly renovated kitchen with walkout to deck
  • Soaring ceilings create an airy living space
  • Spacious primary bedroom with cathedral ceilings
  • Flexible lower level for additional living space
  • Generous backyard with mature greenery
  • Close to schools, shopping, and public transit
  • Immaculate home with pride of ownership

Located in desirable Westvale, this beautifully cared-for open-concept 2-storey home offers comfort, character, and thoughtful updates throughout. Set close to schools, shopping, restaurants, and public transit, this home feels welcoming from the moment you arrive. An oversized front porch adds to the curb appeal and creates a charming spot to enjoy your morning coffee or unwind at the end of the day. Inside, soaring ceilings in the living room create an open, airy feel and a unique living experience. The newly renovated kitchen (2024) offers plenty of cabinetry, great functionality, and a walkout to the large back deck, making indoor-outdoor entertaining easy. A good-sized dining space is ready to welcome your guests, while the main floor bedroom and beautifully updated 4-piece bathroom add flexibility and convenience. Upstairs, the spacious primary bedroom features cathedral ceilings, along with a beautifully updated 3-piece bathroom with a walk-in shower and skylight. The lower level offers excellent flexibility, with space that could be used as an additional bedroom, rec room, or in-law setup, complete with a walkout to the backyard and renovated 3-piece bathroom. Out back, the large deck is surrounded by mature greenery, setting the scene for summer dinners and quiet evenings. The generous backyard, with a 144-foot lot depth, provides plenty of room for families to enjoy, while the custom shed offers great storage for tools, bikes, and outdoor essentials. Recent updates include the kitchen in 2024, main floor bathroom in 2024, basement bathroom in 2022, upstairs bathroom in 2026, reverse osmosis system in 2025, smart thermostat in 2026, and double-wide concrete driveway in 2017. An immaculate home in a wonderful neighbourhood, offering comfort, flexibility, and pride of ownership throughout.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,239
Land Transfer Tax Fee
$9,475

Rental Items

Rental Equipment
Water Softener and Water Heater
Under Contract
Water Softener, Hot Water Heater

Basement Type
Finished with Walk-Out

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free, Water Purifier, Water Softener
View
City
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio, Deck, Porch
Pool
None
Property Features
Fenced Yard, Golf, Library, Park, Place Of Worship, Public Transit
Other Structures
Fence - Full, Shed

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
31-50

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
33.52 ft
Lot Depth
144.58 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 1
Washrooms
3
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Primary Bedroom—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Recreation—
    Basement level
  • Bathroom—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement
  • 4-piece, Second

Municipality
Waterloo
Main cross streets
Baker Street and University Ave. W.
Zoning
R4
Directions
Turn East on University Ave from Ira Needles, Left on Baker Street, Right on Penny Lane. House is on the right side.

MLS® number
X13473080
Data source
Toronto Regional Real Estate Board
Status change
2026-07-04
Listed on
2026-06-22
Days on market
12 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Home Market Value

Current home valuation for 530 Penny Lane, Waterloo, , . Listed for $650,000

HOMEH Estimate

?

$684,500

Estimated Sales Range

?

$540,755 - $828,245

HOMEH Estimate for 530 Penny Lane, Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$684,500Medium confidence
Based on 10 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Land Transfer Tax

Provincial

$9,475

Total Land Transfer Tax

$9,475

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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