Home with brick exterior material, street for 550 Penny Lane, Waterloo Ontario N2T 2L3
44 days on Market

550 Penny Lane, Waterloo, Ontario N2T 2L3

Detached
3 + 1
4
~1500-2000 sqft
$849,000
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$4,245Cashback
Detached
3 + 1
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market44 days

Estimated valueNot available

Price/Sqft$495/sqft

Monthly cost

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CMA Subject Property

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+6

Properties sold*

$752K

Median sold price*

*Based on last 30 days

Description

Meticulously Renovated Detached Single Home In Premium Neighborhood, Serene Yet Just A Stone's Throw From All Amenities. One Of A Kind Open Concept Design With Vaulted Ceilings. Bright And Spacious Living And Dining Areas. High-End Hardwood Flooring Throughout. Newer Kitchen & Bathrooms. Freshly Painted. Central Vac Rough-In. Eat-In Kitchen With Walk-Out To Sunroom Porch. Stunning Backyard With Mature Trees And Beautiful Plants. Newer Furnace. Finished Lower Level With In-Law Suite. Pride Of Ownership!


Property Details

StyleSidesplit 4
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,692 SqFt(175.6 x 21.03)
Parking Spaces3
MLS ®NumberX12361741
Community NameWestvale
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Basement: Finished

3rd Floor

Br

3.66 x 3.35

Br

3.71 x 2.9

Bathroom

0.0 x 0.0


Features

Lot size: 3,692 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

Aug 25, 2025
ListedActive
$849,000
44 days on market
history photo preview38
Listing by trreb®

Market Data - Westvale

Geo Zone Map ThumbnailWestvale

Buyer'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

12 days

Compared to

2024

22 days

2023

31 days

2022

13 days

New Listings

Past 30 days

13 listings

Compared to

2024

7 listings

2023

8 listings

2022

7 listings

Units sold

Past 30 days

3 units

Compared to

2024

6 units

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$1,050,000

Compared to

2024

$751,940

2023

$850,750

2022

$683,000


Population and Demographics

Overview

Total population 5759
Average household income $140,355

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
20%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
80%
Single person
16%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
80%
Others
5%
Mandarin
3%
Arabic
3%
Spanish
3%
German
1%
Polish
1%

House tenancy (%)

Owners
84%
Renters
16%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget