Listed for:Listed Aug 20, 2026
$639,000

548 Mariner Drive

Waterloo (Colonial Acres), ON N2K 3Y8

Freehold Townhouse For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 548 Mariner Drive, Waterloo, Colonial Acres

No listing history available

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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 548 Mariner Drive, Waterloo, Colonial Acres

Summarized Description

  • Beautifully updated 3-bedroom, 3-bathroom townhouse.
  • Move-in ready with a spacious layout.
  • Backing onto a park for added privacy.
  • Located in a family-friendly neighbourhood.
  • Close to schools, parks, and shopping.
  • Minutes from major universities.
  • Freshly painted and well-maintained home.
  • Ideal for families, professionals, or investors.

Welcome to this beautifully updated and freshly painted END Unit 3-bedroom, 3-bathroom Townhouse, offering a bright, spacious, and functional layout perfect for families, professionals, or investors. This well-maintained home is backing directly onto a park, providing a peaceful setting with added privacy and green space right outside your door Located in a highly desirable, family-friendly neighbourhood and within the boundary of Lester B. Pearson Public School, this home offers excellent access to schools, parks, shopping, restaurants, public transit, and everyday amenities. Conveniently located close to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, making it an excellent choice for families, university professionals, students, or investors. Enjoy the perfect combination of a quiet residential setting while still being minutes from Waterloo's major educational institutions and amenities. Move-in ready, freshly updated, backing onto green space, and ideally located - a wonderful opportunity to call Waterloo home!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,125
Land Transfer Tax Fee
$9,255

Basement Type
Finished

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Freehold Townhouse
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Shingles
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
27.87 ft
Lot Depth
114.83 ft

Inclusions

Inclusions
AC, Furnace, Fridge, Stove, Rangehood, all Window Coverings, all Light Fixtures. Washer and Dryer.

Parking & Garages

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

Heating & Cooling

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

Bedrooms
3
Washrooms
3
Kitchens
1

Room sizes

  • Living Room—
    Main level, Laminate, Window
  • Kitchen—
    Main level, Large Window, Breakfast Bar
  • Bedroom 2—
    Second level, Laminate, Large Closet, Window
  • Bedroom 3—
    Second level, Laminate, Large Closet, Window
  • Dining Room—
    Main level, Laminate, Window
  • Primary Bedroom—
    Second level, Laminate, Large Closet, Window

Washrooms

  • 4-piece, Second
  • 4-piece, Basement
  • 2-piece, Ground

Municipality
Waterloo
Neighbourhood
Colonial Acres
Main cross streets
Bridge St./University Ave.
Directions
Bridge St./University Ave.

MLS® number
X13696936
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-20
Updated on
2026-09-25
Days on market
56 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX EXCEL REALTY LTD.

Home Market Value

Current home valuation for 548 Mariner Drive, Waterloo, Colonial Acres, Waterloo, ON. Listed for $639,000

HOMEH Estimate

?

$616,556

Estimated Sales Range

?

$487,079 - $746,033

HOMEH Estimate for 548 Mariner Drive, Waterloo, Colonial Acres

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

$616,556Medium confidence
Based on 5 comparable properties
+ $22,444 (4%) above our estimate
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:6.1%

5% on first $500K + 10% on $139,000 over $500K

Minimum down payment

$38,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$24,001$17,828$15,208$0
=Total mortgage
$624,022$592,928$558,358$511,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,047monthly$2,895monthly$2,726monthly$2,496monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$9,255

Total Land Transfer Tax

$9,255

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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7.8 /10

Lester B Pearson

Public·elementary·210m

7.1 /10

St Luke

Private·elementary·490m

8.6 /10

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Public·elementary·1.0km

6.3 /10

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Public·elementary·1.6km

7.6 /10

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6.6 /10

Mère-Élisabeth-Bruyère

Private·elementary·French·2.5km

5.3 /10

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Public·elementary·2.6km

8.0 /10

St. David

Private·secondary·2.9km

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