Was listed for:Terminated Sep 1, 2025
$1,989,999

654 Conservation Drive

Waterloo, ON N2J 3Z4

Detached House TerminatedNot 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 654 Conservation Drive, Waterloo

2025-07-17
2025-09-01
Terminated
Price
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MLS#
x12292774

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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 654 Conservation Drive, Waterloo

654 Conservation Drive, Waterloo An exceptional investment opportunity awaits at 654 Conservation Drive, Waterloo. This rare 1.98-acre property is primed for development, with ongoing road expansion and full municipal services being installed. A pre-consultation with the City of Waterloo indicates the potential to build 54 stacked townhome units, offering incredible density. The existing home on the property not only adds immediate utility but also allows for a favorable appraisal and mortgage, making it possible to secure financing with a lower down payment than most land-only purchases. Monthly rent of $3,300 to help you carry property. Dont miss this chance to capitalize on a high-growth area with strong development upside.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,599
Land Transfer Tax Fee
$36,275

Basement Type
Partially Finished

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Rolled
Foundation Details
Concrete
Special Designation
Other

Lot

Lot Front
234.96 ft
Lot Depth
371.52 ft
Lot Size
1.987

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
8
Total Garage And Parking Spaces
8

Heating & Cooling

Heat Source
Oil
Heat Type
Baseboard
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
3
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 3-piece

Municipality
Waterloo
Main cross streets
No
Directions
South

MLS® number
X12292774
Data source
Toronto Regional Real Estate Board
Status change
2025-09-01
Listed on
2025-07-17
Days on market
46 days
Possession date
2025-07-31
Possession type
Immediate
Co-op commission
2.5
Seller
Listed by
KING REALTY INC.

Home Market Value

Current home valuation for 654 Conservation Drive, Waterloo, , . Listed for $1,989,999

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 654 Conservation 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

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Minimum Down Payment Required:20.0%

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Minimum down payment

$398,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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%
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$
%
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+CMHC insurance
$0$0$0$0
=Total mortgage
$1,591,999$1,492,499$1,392,999$1,293,499
Amortization
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Payment frequency
=Mortgage payment
$7,773monthly$7,287monthly$6,801monthly$6,316monthly
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Land Transfer Tax

Provincial

$36,275

Total Land Transfer Tax

$36,275

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