5 days on Market

489 Northlake Dr, Waterloo, Ontario N2V 1V5

Detached
3
2
~1500-2000 sqft
$725,000
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Detached
3
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$423/sqft

Monthly cost

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Description

Your search is over, your next home awaits in Desirable Lakeshore North! Welcome to 489 Northlake Drive - a spacious 4-level backsplit nestled in one of Waterloo's most sought-after, family-friendly neighborhoods. Offering over 2,000 sq/ft of finished living space, this home combines comfort, functionality, and incredible opportunity. Featuring 4 bedrooms, 2 full bathrooms, a double-car garage, and parking for 2 additional vehicles, this home is perfect for growing families or anyone looking for flexible living space. Step inside to a bright and inviting main floor, where a sun-filled living room with a large bay window creates a warm and welcoming atmosphere. The adjoining dining area is ideal for family meals and entertaining. The eat-in kitchen offers ample cabinet and counter space, along with a walkout to a large deck complete with a hot tub - perfect for summer BBQs, relaxing evenings, and outdoor gatherings. Upstairs, you'll find three generously sized bedrooms and a 4-piece bathroom. The lower level features a spacious yet cozy family room with a gas fireplace, along with a convenient 3-piece bathroom. The basement adds even more versatility with a rec room, a fourth bedroom, and plenty of storage space. With just a few cosmetic updates this property offers a fantastic opportunity to customize and truly make it your forever home. Ideally located near top-rated schools, parks, walking trails, shopping, universities, public transit, the Farmers Market and Laurel Creek Conservation Area, all the amenities that make Lakeshore North one of the most sought-after communities in the area including easy access to major highways. Don't miss your chance to own a great family home in a highly desirable community - book your private showing today!


Property Details

StyleBacksplit 4
View-
Age of property31-50
SqFt~1500-2000 SqFt
Lot Size5,550 SqFt(111 x 50)
Parking Spaces4
MLS ®NumberX12962948
Community NameLakeshore North
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full

Main Floor

Kitchen

4.19 x 2.39

Breakfast

2.59 x 2.89

Living

4.88 x 3.15

Dining

3.07 x 3.15


Features

Lot size: 5,550 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage
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Market Data - Lakeshore North

Geo Zone Map ThumbnailLakeshore North

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2025

6 days

2024

8 days

2023

6 days

New Listings

Past 30 days

11 listings

Compared to

2025

4 listings

2024

6 listings

2023

5 listings

Units sold

Past 30 days

9 units

Compared to

2025

4 units

2024

3 units

2023

2 units

Median Sold Price

Past 30 days

$760,000

Compared to

2025

$790,000

2024

$885,000

2023

$836,250


Population and Demographics

Overview

Total population 3967
Average household income $140,144

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
19%
50 to 64
25%
65 and plus
18%

Household composition (%)

Single family
78%
Single person
19%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
German
3%
Mandarin
2%
Spanish
1%

House tenancy (%)

Owners
89%
Renters
11%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget