Property Type: Detached HouseOwnership: Freehold

223 CARTER Avenue

Waterloo, BC N2J3K7

$645,000

4 bed2 bath3 parking2,048 sqftBuilt 1966
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Frontage
45 feet

SR1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,082

Interior

Basement
Finished, Full
Heating
Forced air, In Floor Heating, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave Built-in

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Crushed stone driveway

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
StorageLower level11'6'' x 7'1''
WorkshopLower level11'6'' x 8'10''
Laundry roomLower level11'6'' x 18'0''
3pc BathroomLower level7'0'' x 5'8''
BedroomLower level11'4'' x 12'5''
Recreation roomLower level11'4'' x 27'2''
BedroomMain level11'6'' x 9'2''
BedroomMain level11'5'' x 7'10''
Primary BedroomMain level11'6'' x 11'5''
4pc Ensuite bathMain level8'1'' x 6'5''
KitchenMain level11'5'' x 18'9''
Living roomMain level11'10'' x 16'7''

Listing Information

MLS®
40858769
Listed
September 2, 2026
Time on market
On the market for 12 days
Data last synced
September 15, 2026

Listing provided by: Royal LePage Wolle Realty · Data source: CREA DDF.

Description

A distinctive Waterloo home where timeless character meets thoughtful modern design. 223 Carter Avenue has been transformed with warm natural textures, rich wood tones and beautifully considered finishes throughout. The showpiece kitchen features custom eucalyptus-toned cabinetry, quartz countertops, an appliance garage, soft-close drawers, sheetpan cupboard, utensil built-in drawer and a cleverly concealed coffee station tucked behind cabinetry doors—keeping everyday essentials beautifully organized and out of sight. The kitchen opens naturally to the living and dining spaces, complemented by a striking cedar ceiling, engineered hardwood and natural light. The main level continues with comfortable bedrooms and a beautifully appointed bathroom featuring heated floors and a heated towel rack, again beautifully updated. The lower level offers an impressive second living space with a generous recreation room, custom bar, gas fireplace, fourth bedroom (or den, gym), 3piece bath and walk-up access. Perfect for entertaining, movie nights, guests, a home office or growing families. Outside, enjoy a private backyard and custom patio in an established Waterloo neighbourhood close to parks, schools, shopping, transit, laurel trail and everyday amenities. Distinctive, warm and thoughtfully designed—223 Carter Avenue is anything but ordinary. (id:63159)

Values & Trends

This listing

$315/sqft

Building average

No other active listings in this building

116 - Glenridge/Lincoln Heights average

$420/sqft

23 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$516,000.00
Periodic payment — Principal & Interest (monthly)$3,329.06
Additional monthly expenses (strata, tax, utilities, etc.)$442.17
Total monthly cost$3,771.22
Interest paid over 5-yr term$147,887.08
Balance at end of term$464,143.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,656.08

Cash Needed at Closing

Minimum down payment$39,500
Estimated BC PTT$10,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$51,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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