Real Estate for Sale in North Lakeshore, Waterloo, ON

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Neighbourhood in Waterloo

North Lakeshore

family-friendly quiet community-oriented

North Lakeshore is a peaceful neighbourhood in Waterloo. It offers a mix of residential homes and condos, making it suitable for different lifestyles.

Median home price is $681,944 Median rent is $1,800 84.4% of homes are owner-occupied

At a glance

Photo of 137 White Pine Crescent
For SaleOpen HouseNo Rear NeighboursFinished Basement
Listed for:

Listed 8 days ago

$749,900

137 White Pine Crescent

Waterloo (North Lakeshore), ON N2V 1B3

3 + 1Bedrooms
2Bathrooms
2Garage
1.5K-2KSq Ft

DetachedFor Sale

Photo of 598 Black Oak Crescent
For SaleFinished Basement
Listed for:

Listed 9 days ago

$779,900

598 Black Oak Crescent

Waterloo (North Lakeshore), ON N2V 1A5

3 + 1Bedrooms
2Bathrooms
2Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of Unit 64, 225 Benjamin Road
For SaleSwimming PoolFinished Basement
Listed for:

Listed 17 days ago

$664,888

Unit 64, 225 Benjamin Road

Waterloo (North Lakeshore), ON N2V 1Z3

3Bedrooms
4Bathrooms
3Parking
1.4K-1.6KSq Ft

Condo TownhouseFor Sale

Photo of Unit 4, 255 Northlake Drive
For SaleOpen HouseFinished Basement
Listed for:

Listed 28 days ago

$399,000

Unit 4, 255 Northlake Drive

Waterloo (North Lakeshore), ON N2V 1Z2

3Bedrooms
2Bathrooms
2Parking
1K-1.2KSq Ft

Condo TownhouseFor Sale

Photo of 109 Deerberry Place
For Sale
Listed for:

Listed Sep 8, 2026

$699,000

109 Deerberry Place

Waterloo (North Lakeshore), ON N2V 1G2

3Bedrooms
2Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Photo of 590 Fern Road
For SalePrice ReducedIn-Law SuiteLarge Lot
Listed for:

Listed Aug 21, 2026

$789,900

590 Fern Road

Waterloo (North Lakeshore), ON N2V 1K6

3 + 1Bedrooms
3Bathrooms
1Garage
1.1K-1.5KSq Ft

DetachedFor Sale

Day to dayLivability

6.7

Schools near listings

out of 10 · averaged over 61 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$681,944

25% above Waterloo 5% below Ontario

In North Lakeshore

$681,944

In Waterloo

$547,500

In Ontario

$718,000

Median monthly rent

$1,800/mo

19% below Waterloo 28% below Ontario

In North Lakeshore

$1,800

In Waterloo

$2,223

In Ontario

$2,500

≈ 31.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

7

Median $681,944

Houses 5 · Condos 2

For rent

2

Median $1,800

Condos 2

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-14. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Good schools with high ratings
  • Family-friendly environment
  • Low crime rate
  • Strong community with many long-term residents

Keep in mind

  • Prices are above the city median
  • Limited public transit options
  • Few restaurants and cafes

The feel of the placeLifestyle

Daily life in North Lakeshore is calm and community-focused. Residents enjoy parks and local amenities.

Great for families first-time buyers retirees

Within the boundaryWhat's nearby

The boundary

3.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

10

Parks

8

Playgrounds

1

Grocery stores

6

Restaurants

2

Cafés

1

Gyms

2

Pharmacies

Counted across all 3.4 km² of North Lakeshore. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.4/10

Average rating of the 2 rated schools in this area

3

Elementary

  • N A MacEachern Public School

    Public · Grades JK–6 · Waterloo Region DSB

    8.8/107.8 over 5 yrs

    118th of 3,045 Ontario elementary schools

    260 students · EQAO 2024-2025

  • Northlake Woods Public School

    Public · Grades JK–8 · Waterloo Region DSB

    8.0/107.4 over 5 yrs

    337th of 3,045 Ontario elementary schools

    340 students · EQAO 2024-2025

  • Starling & Birchland

    Public · Grades K–12 · Waterloo Region DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside North Lakeshore, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

6,112

Population (2021)

2.0 km²

Area

3,112

People per km²

43.7

Median age

$108,088

Median income

84%

Own their home

2.6

People per household

2,405

Households

Every age

  • Children (under 15)14.4%
  • Working age (15–64)67.8%
  • Seniors (65+)17.8%

What is built here

  • Detached houses66.7%
  • Semi-detached13.9%
  • Townhouses5.6%
  • Duplexes1.4%
  • Low-rise apartments12.8%

Own or rent

84%Owners

16%Renters

Across 2,405 households

When it was built

Mostly 1981–1990

  • 1960 or earlier1%
  • 1961–198028%
  • 1981–199050%
  • 1991–200016%
  • 2001–20053%
  • 2006–20100%
  • 2011–20150%
  • 2016–20210%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

22.5%
Born outside Canada
33.4%
Hold a degree or higher
59.3%
Employment rate
3.1%
Commute by transit
90.6%
Commute by car
1.7
Children per family
$92,984
Median income after tax
$125,399
Average household income
5.4%
Living on a low income
$1,446/mo
Renters pay, per month
$1,154/mo
Owners pay, per month
$655,326
Median home value at census
10.5%
Renters spending 30%+ of income on housing
8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in North Lakeshore actually sell for

12 homes changed hands in North Lakeshore over the 12 months to September 2026. Half sold above $752,700 and half below, 17.4% higher than the 12 months before. A typical home found its buyer in 35 days — 13 days slower than a year ago.

Median sold price
$753K
+17.4% year over year
Days to sell
35
13 days slower
Sales closed
12
last 12 months
Per square foot
$557
from 12 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

What buyers actually paid

$1,000,400

on a $1,000,000 asking price — over ask by $400

−10%Asking price+10%
Of the asking price
100.0%
Sold over asking
33.3%

From 12 sales that closed here in the last 12 months.

What actually trades in North Lakeshore

A single median hides this: the mix of homes behind it, and what each kind costs.

12sales
  • Detached$759K41.7%
  • Other kinds, too few of each —58.3%
Every month behind these charts — North Lakeshore, sales
Monthly closed sales in North Lakeshore
MonthClosedMedianMiddle halfDays% of ask
Sep 20261 Not enough sales this month to report a median
Aug 20265$758,500$730K – $795K1498.8%
Jul 20262 Not enough sales this month to report a median
Jun 20261 Not enough sales this month to report a median
Feb 20261 Not enough sales this month to report a median
Nov 20251 Not enough sales this month to report a median
Oct 20251 Not enough sales this month to report a median
Sep 20251 Not enough sales this month to report a median
Aug 20251 Not enough sales this month to report a median
Jul 20251 Not enough sales this month to report a median
Jun 20252 Not enough sales this month to report a median
Apr 20251 Not enough sales this month to report a median
Oct 20241 Not enough sales this month to report a median
May 20241 Not enough sales this month to report a median
Nov 20232 Not enough sales this month to report a median

14 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about North Lakeshore

How much does a home cost in North Lakeshore?

Homes in North Lakeshore sold for a median of $752,700 over the 12 months to September 2026, across 12 closed sales — half sold for more and half for less. That is 17.4% higher than the 12 months before it.

How long does it take to sell a home in North Lakeshore?

A home in North Lakeshore took a median of 35 days on the market over the 12 months to September 2026. Homes there closed at 100.0% of the asking price on average, with 33.3% selling over asking.

Compiled by HOMEH from sales reported closed in North Lakeshore on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in North Lakeshore

A condo here is its own market

2 condo apartments and 2 condo townhouses are on the market in North Lakeshore right now. Too few have closed here in the last year for us to publish a median we would stand behind.