577 Waterton Drive, Waterloo

$1,300,000
577 Waterton Drive

$1,300,000

New
21d
Detached2-Storey

577 Waterton Drive, Waterloo

Total Monthly Obligation $6,131

Beds
5
Baths
4
Park
3
Sqft
1500-2000
DOM
21d
Score
15
Yield
3.1%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-X13856272
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-65.88 × 117.01 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,151 (2025)
Parking-5 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Title-Residential Freehold

No agent assigned

Welcome To 577 Waterton Drive, A Beautiful Home On A Rare 65-Ft Extra-Wide Corner Lot In Waterloo's Desirable Conservation Meadows! Here Are 5 Reasons You'll Love This Home! 1 PRIME LOCATION: Ideally Situated Near Laurel Creek Conservation Area, Scenic Forested Trails, Parks, Schools, Shopping, St. Jacobs Farmers' Market And Waterloo's Universities, With Convenient Access To Major Expressways - Enjoy Nature And Everyday Convenience At Your Doorstep. 2 RARE CORNER LOT & OUTDOOR OASIS: Set On An Impressive 65-Ft Corner Lot, This Property Offers A Large, Private Backyard With Unobstructed Rear Views, Stone Patio, Gazebo And Extensive Landscaping, Perfect For Entertaining, Relaxing And Enjoying Outdoor Living. 3 ELEGANT FAMILY LIVING: The Bright Foyer Opens To Spacious Living And Dining Rooms With High Coffered Ceilings, Pot Lights, 9 Feet Ceilings And Hardwood Floors. The Family Room Features A Cozy Gas Fireplace And Walkout To The Backyard, While The Open-Concept Kitchen And Breakfast Area Offers Granite Countertops, Stainless Steel Appliances, Abundant Cabinetry, Pantries And Excellent Storage. 4 SPACIOUS BEDROOMS & FLEX SPACE: The Upper Level Features 3 Generous Bedrooms, Including A Spacious Primary Suite With Private Ensuite And Large Walk-In Closet, Plus A Versatile Den/Sitting Area With A Large Window, Ideal For A Home Office, Reading Area Or Family Retreat. 5 FINISHED BASEMENT & PARKING: The Fully Finished Basement With Separate Entrance Includes A Huge Recreation Room, 2 Bedrooms, 4-Piece Bathroom, Laundry And Cold Room, Offering Excellent Flexibility And In-Law Suite Potential. 5 Car Parking Including Attached 2-Car Garage, EV Charging, And Additional Fenced Side-Yard Parking Provides Room For Extra Vehicles, Trailer Or Boat. Freshly Painted With Upgraded Backyard Features And Light Fixtures. A Rare Opportunity To Own Space, Privacy, Nature And Lifestyle On One Of Conservation Meadows' Exceptional Lots - Surrounded By Nature, Yet Close To Everything!

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

Closing Costs

Mortgage Amount
$1,040,000
Land Transfer Taxes$22,475
Legal Fees (Est.)
$
Total cash required for closing$283,975

Total Monthly Obligation

$6,131/mo
Mortgage $5,244
Monthly Loss $4,752
Principal$1,380
Interest$3,864
Property Tax$513
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.0%11
10-Year IRR
6.7%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,080/yr
NOI
$25,421/yr
Net Cash Flow
-$3,125/mo
Cash Margin
-93.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.3/ 100

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

Comparables

Properties near 577 Waterton 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.