Sold for:Sold 24 days ago
$499,000

7 Homestead Place

Waterloo (Forest Heights), ON N2N 1Z1

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 7 Homestead Place, Waterloo, Forest Heights

2026-09-16
2026-09-24
Sold
Price
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MLS#
x13793546

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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 7 Homestead Place, Waterloo, Forest Heights

Summarized Description

  • Ideal for contractors and investors.
  • Spacious 150-foot-deep lot available.
  • Detached garage/shop for workspace.
  • Located on a quiet residential street.
  • Handyman special with renovation potential.
  • Great opportunity to add value.
  • Bring your ideas and tools.
  • Rare property with ample outdoor space.

Opportunity knocks at 7 Homestead Place! This property is the perfect fit for contractors, renovators, investors, or buyers looking to roll up their sleeves and create something of their own. The home is in need of updating and is being offered as a true handyman special, with plenty of potential for the right buyer.One of the standout features is the impressive 150-foot-deep lot, providing loads of outdoor space and possibilities. Adding even more value is the detached 25' x 16' garage/shop - an ideal setup for a contractor, hobbyist, extra storage, or anyone looking for a dedicated workspace.Located on a quiet residential street in Kitchener, this is a great opportunity to renovate, improve and add value. Bring your ideas, your tools and your vision - properties with this kind of lot and a detached shop don't come along every day!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,908
Land Transfer Tax Fee
$6,455

Rental Items

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

Basement Type
Full

Interior Features

Interior Extras
Storage
Fireplace/Stove
Yes
Fireplace Features
Wood, Wood Stove
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Park, Library, School

Building

Building Type
Detached
Building Style
Backsplit 4

Construction

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

Lot

Lot Front
32.15 ft
Lot Depth
150.95 ft
Lot Shape
Irregular

Inclusions

Inclusions
Fridge, Stove, Washer, Dryer

Parking & Garages

Garage Type
Detached
Garage Spaces
1
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
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Lower level
  • Primary Bedroom—
    Second level
  • Recreation—
    Lower level
  • Living Room—
    Main level
  • Workshop—
    Basement level
  • Bedroom—
    Second level
  • Foyer—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Second level
  • Bedroom—
    Second level

Washrooms

  • 4-piece, Second
  • 2-piece, Lower

Municipality
Waterloo
Neighbourhood
Forest Heights
Main cross streets
Wetheights and Driftwood
Directions
Westheights to Driftwood to Homestead

MLS® number
X13793546
Data source
Toronto Regional Real Estate Board
Status change
2026-09-24
Listed on
2026-09-16
Days on market
8 days
Possession type
Immediate
Co-op commission
2
Seller
Listed by
Trilliumwest Real Estate Brokerage

Home Market Value

Current home valuation for 7 Homestead Place, Waterloo, Forest Heights, Waterloo, ON. Listed for $499,000

HOMEH Estimate

?

$575,500

Estimated Sales Range

?

$454,645 - $696,355

HOMEH Estimate for 7 Homestead Place, Waterloo, Forest Heights

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

$575,500Medium confidence
Based on 13 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

Around this home

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