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Home with brick exterior material, street for Lane, Waterloo Ontario N2T 2N5
1 day on Market

Lane, Waterloo, Ontario N2T 2N5

Detached
3 + 1
3
~2882 sqft
$1,089,900
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Detached
3 + 1
3
~2882 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$378/sqft

Monthly cost

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Description

Welcome to 561 Chancery Lane, Waterloo – a beautifully open and spacious backsplit nestled in one of Waterloo’s most desirable neighbourhoods. Offering 3 bedrooms, 3 full bathrooms, and exceptional indoor and outdoor living spaces, this home is designed for both everyday comfort and entertaining. The bright and inviting main level features soaring cathedral ceilings, hardwood flooring, and an open-concept living and dining area filled with natural light. The gourmet kitchen is sure to impress with stainless appliances, double wall ovens, a gas cooktop, built-in Miele coffee maker, and a spacious island perfect for gathering with family and friends. The lower level is an entertainer’s dream, showcasing a stylish bar area, custom built-ins, heated slate flooring, and a convenient walk-up to the backyard. A 3-piece bathroom on this level adds functionality and convenience for guests. Upstairs, you'll find three generously sized bedrooms and an updated 4-piece bathroom. The primary bedroom offers the added luxury of a private 3-piece ensuite. The basement provides excellent flexibility and can be used as a home gym, office, additional bedroom, or hobby space. A dedicated laundry room completes this level. Step outside to your own backyard retreat featuring a heated inground pool surrounded by stamped concrete. The cabana is fully equipped with hydro, speakers, a ceiling fan, and a fireplace, creating the perfect setting for summer entertaining. A separate pool house provides ample storage for all your pool equipment and accessories. Completing this home is a double attached garage and an exceptional location close to parks (backs onto Cavendish Park), shopping, and everyday amenities. Families will appreciate being situated within the highly sought-after school catchment for Laurelwood P.S., St. Nicholas Catholic School, Laurel Heights S.S., and Resurrection Catholic S.S., making this an outstanding place to call home.


Upcoming Open House

Jul 19Sun5:00 PM - 7:00 PM

Property Details

StyleResidential
View-
Age of property1994
SqFt~2882 SqFt
Lot Size5,743 SqFt(115.16 x 49.87)
Parking Spaces4
MLS ®Number40847959
Community NameBeechwood West
Data SourceITSO
Listing byRoyal LePage Wolle Realty

Features

Heating: Forced Air, Natural Gas
Central Vacuum
Cooling: Central Air
Basement: Full, Finished

Basement Floor

Bedroom

7.90 x 3.84

Utility Room

3.61 x 4.04

Laundry

4.83 x 1.88


Features

Lot size: 5,743 SqFt
Pool: In Ground, Salt Water
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jul 14, 2026
ListedActive
$1,089,900
1 day on market
history photo preview50
Listing by itso®
Property listed by Royal LePage Wolle Realty, Brokerage
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Market Data - Beechwood West

Geo Zone Map ThumbnailBeechwood West

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2025

34 days

2024

12 days

2023

12 days

New Listings

Past 30 days

8 listings

Compared to

2025

7 listings

2024

9 listings

2023

8 listings

Units sold

Past 30 days

2 units

Compared to

2025

5 units

2024

6 units

2023

5 units

Median Sold Price

Past 30 days

$1,466,250

Compared to

2025

$848,900

2024

$1,090,500

2023

$820,000


Population and Demographics

Overview

Total population 9911
Average household income $179,568

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
18%
50 to 64
22%
65 and plus
19%

Household composition (%)

Single family
81%
Single person
16%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
75%
Mandarin
8%
Others
5%
Arabic
3%
German
1%
Yue (Cantonese)
1%
Spanish
1%
Korean
1%

House tenancy (%)

Owners
83%
Renters
17%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget