Sold for:Sold Apr 30, 2025
$599,000

555 Fallingbrook Drive

Waterloo, ON N2L 4N2

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 555 Fallingbrook Drive, Waterloo

2025-04-24
2025-04-30
Sold
Price
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MLS#
x12100606

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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 555 Fallingbrook Drive, Waterloo

Welcome to 555 Fallingbrook Dr located in the Lakeshore/Parkdale area of Waterloo centrally located to all amenities including hwy 7&8 and Conestoga mall. This 3+2 bedroom house is recognized by the city as having a legal accessory apartment. The separate entrance to the basement with 2 bedrooms, 1 bathroom, a kitchen and living room provides endless opportunities as a mortgage helper or in-law suite. The main floor features a large living room flooded with natural light, a galley style kitchen & dinette, 1 bathroom & 3 bedrooms with newer windows. The large and private yard backs onto greenspace and a walking trail, with a secluded deck making it the ultimate escape. A/C replaced in 2022, Furnace 2015, Electrical ESA inspected 2025, Roof inspected 2024

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,665
Land Transfer Tax Fee
$8,455

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Finished, Apartment

Interior Features

Interior Extras
Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Privacy, Backs On Green Belt
Pool
None

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

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

Lot

Lot Front
40.00 ft
Lot Depth
123.00 ft

Inclusions

Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings excluding gold curtains in bedroom, Wall TV mounts in living room, basement & 2 in bedrooms, TV in living room

Exclusions

Exclusions
Gold curtains in main floor bedroom

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
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 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Primary Bedroom—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Bedroom—
    Basement level
  • Bedroom—
    Basement level
  • Kitchen—
    Basement level
  • Recreation—
    Basement level
  • Laundry—
    Basement level

Washrooms

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

Municipality
Waterloo
Main cross streets
Northfield & Havelock
Zoning
SR1-10
Directions
from 7/8 Northfield cut off, turn left on Havelock Dr., right on Rolling Hills Dr., and left on Fallingbrook

MLS® number
X12100606
Data source
Toronto Regional Real Estate Board
Status change
2025-04-30
Listed on
2025-04-24
Days on market
6 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE WOLLE REALTY

Home Market Value

Current home valuation for 555 Fallingbrook Drive, Waterloo, , . Listed for $599,000

HOMEH Estimate

?

$615,477

Estimated Sales Range

?

$541,620 - $689,334

HOMEH Estimate for 555 Fallingbrook Drive, Waterloo

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

$615,477High confidence
Based on 15 comparable properties
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Mortgage Payment Calculator

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$
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,000 over $500K

Minimum down payment

$34,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
$
%
$
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%
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+CMHC insurance
$22,546$16,712$14,256$0
=Total mortgage
$586,205$555,812$523,406$479,200
Amortization
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%
%
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Payment frequency
=Mortgage payment
$2,862monthly$2,714monthly$2,556monthly$2,340monthly
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Land Transfer Tax

Provincial

$8,455

Total Land Transfer Tax

$8,455

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