Sold for:Sold Mar 24, 2026
$650,000

Unit B, 661 Jacob Lane

Waterloo, ON N2V 2G9

Semi-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 Unit B, 661 Jacob Lane, Waterloo

2026-03-12
2026-03-24
Sold
Price
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MLS#
x12877060

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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 Unit B, 661 Jacob Lane, Waterloo

Summarized Description

  • Beautifully updated semi-detached home in Waterloo.
  • Recently finished basement with updated bathroom and sauna.
  • Private deck perfect for entertaining and relaxation.
  • Extensive upgrades including heat pump and new roof.
  • Bright living spaces with inviting layout.
  • Close to parks, schools, and shopping.
  • Move-in ready with modern finishes throughout.

Welcome to 661 Jacob Lane #B in Waterloo - a fantastic semi-detached home tucked away on a quiet crescent in a highly desirable neighbourhood. This well-maintained home offers an inviting layout with bright living spaces and thoughtful updates throughout. The bleached kitchen cabinetry creates a light and airy feel while overlooking the sunken living room, a unique and cozy space perfect for relaxing or entertaining. From here, step out through the walkout to your private deck, ideal for summer evenings, morning coffee, or hosting friends and family. Downstairs, the recently finished basement adds incredible living space, featuring a beautifully updated bathroom, a sauna, and an abundance of storage. Whether used as a recreation area, fitness space, or guest retreat, the lower level provides flexibility for a variety of lifestyles. This home has seen extensive recent upgrades, heat pump(2023), including a new roof (2026), new bathrooms, fresh paint, updated flooring, a new deck, sauna installation, and many additional improvements that make this property truly move-in ready. Other interior features include pantry, heat recovery ventilator and heated floors. Outside there is also motion sensor lights and cameras in the front and back. Located close to parks, schools, shopping, and convenient commuter routes, 661 Jacob Lane #B offers a perfect balance of comfort, privacy, and location. An exceptional opportunity to own a beautifully updated home in one of Waterloo's most desirable communities.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,905
Land Transfer Tax Fee
$9,475

Rental Items

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

Basement Type
Finished

Interior Features

Interior Extras
ERV/HRV
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Semi-Detached
Building Style
2-Storey

Construction

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

Lot

Lot Front
98.69 ft
Lot Depth
106.36 ft

Inclusions

Inclusions
Built-in Microwave, Central Vac, Dishwasher, Dryer, Garage Door Opener, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings

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
3
Washrooms
3
Kitchens
1

Room sizes

  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Second level, 4 Pc Bath
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Primary Bedroom—
    Second level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Recreation—
    Basement level
  • Other—
    Basement level
  • Bathroom—
    Main level, 2 Pc Bath

Washrooms

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

Municipality
Waterloo
Main cross streets
OSPREY DR.
Zoning
MD
Directions
Westmount to Osprey to Jacob

MLS® number
X12877060
Data source
Toronto Regional Real Estate Board
Status change
2026-03-24
Listed on
2026-03-12
Days on market
12 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
SHAW REALTY GROUP INC.

Home Market Value

Current home valuation for Unit B, 661 Jacob Lane, Waterloo, , . Listed for $650,000

HOMEH Estimate

?

$605,000

Estimated Sales Range

?

$568,268 - $641,732

HOMEH Estimate for Unit B, 661 Jacob Lane, Waterloo

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

$605,000Low confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Minimum Down Payment Required:6.2%

5% on first $500K + 10% on $150,000 over $500K

Minimum down payment

$40,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$24,388$18,135$15,470$0
=Total mortgage
$634,088$603,135$567,970$520,000
Amortization
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Payment frequency
=Mortgage payment
$3,096monthly$2,945monthly$2,773monthly$2,539monthly
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Land Transfer Tax

Provincial

$9,475

Total Land Transfer Tax

$9,475

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