213 Ladyslipper Drive, Waterloo

$1,024,900
213 Ladyslipper Drive

$1,024,900

New
24d
Detached2-Storey

213 Ladyslipper Drive, Waterloo

Total Monthly Obligation $5,087

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
24d
Score
16
Yield
4.1%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-X13841152
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.53 × 109.4 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,932 (2025)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-CORCORAN HORIZON REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 213 Ladyslipper Drive, a beautiful two storey detached home in the Vista Hills community of Waterloo West, backing onto a park with no rear neighbours. Built in 2018 and finished in brick and vinyl, this four bedroom, three bathroom home offers approximately 2,400 square feet of above grade living with hardwood flooring throughout. The welcoming foyer leads to a bright living room centred around a gas fireplace set within a stone accent wall. The open dining area flows right into the kitchen, where new quartz countertops pair wonderfully with rich dark cabinetry, stainless steel appliances, and a large centre island with plenty of room for everyone to gather. Main floor laundry and a powder room add everyday convenience. Upstairs, the spacious primary bedroom features two walk in closets and a five piece ensuite with a soaker tub, a glass enclosed shower, and a double vanity. Four generously sized bedrooms, a second four piece bathroom, and an upper family room give you great flexibility for a growing family, a home office, or relaxing evenings in. The full unfinished basement is a blank slate ready for your ideas, whether that is a home theatre, a gym, or extra living space. Out back, your large deck and pergola overlooks the spacious and lush greenery, making it a lovely spot for summer dinners and time with friends. An attached double garage and a double wide driveway provide parking for four vehicles in total, and central air keeps things comfortable all year. The home sits within the Vista Hills school zone and is just steps away from the Vista Hills school, as well as being close to parks, trails, playgrounds, transit, and shopping. This is a wonderful opportunity to settle into a friendly, family oriented Waterloo neighbourhood!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$819,920
Land Transfer Taxes$16,973
Legal Fees (Est.)
$
Total cash required for closing$223,453

Total Monthly Obligation

$5,087/mo
Mortgage $4,134
Monthly Loss $3,999
Principal$1,088
Interest$3,046
Property Tax$578
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,616/yr
NOI
$26,022/yr
Net Cash Flow
-$1,966/mo
Cash Margin
-56.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 213 Ladyslipper Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.