Property Type: Detached HouseOwnership: FreeholdNEW LISTING

274 NORTHLAKE Drive Unit# B

Waterloo, BC N2V1A9

$599,900

3 bed2 bath2 parking1,428 sqft
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Property Details

Property & Lot

Sub-type
House
Style
Raised bungalow
Stories
1
Frontage
30 feet

SD

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,630

Interior

Basement
Finished, Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Exterior & Lot

Exterior features
Concrete
Lot features
Automatic Garage Door Opener, In-Law Suite

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement5'0'' x 7'2''
Recreation roomBasement17'6'' x 18'3''
Dining roomMain level10'6'' x 9'3''
Primary BedroomMain level12'1'' x 10'0''
Living roomMain level13'10'' x 17'0''
KitchenMain level9'10'' x 9'11''
BedroomMain level12'1'' x 9'0''
BedroomMain level8'2'' x 9'7''
4pc BathroomMain level7'4'' x 5'10''

Listing Information

MLS®
40861957
Listed
September 10, 2026
Time on market
On the market for 4 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

Description

Welcome to this well-maintained raised-bungalow semi-detached home in one of Waterloo’s most desirable, family-friendly neighbourhoods. Backing onto beautiful parkland, this home offers privacy and a peaceful setting. It features three spacious bedrooms, two full bathrooms, a bright living room with a large bay window, and an eat-in kitchen with a breakfast bar. The finished lower level offers a recreation room with a walkout, a three-piece bathroom, and a laundry area, providing excellent flexibility and potential for an in-law setup. Step outside to the fully fenced backyard, complete with a patio and storage shed—perfect for relaxing or entertaining. Conveniently located close to schools, parks, shopping, transit, amenities, Wilfrid Laurier University, and the University of Waterloo, this is an excellent opportunity for first-time buyers, families, or investors. (id:63159)

Values & Trends

This listing

$420/sqft

Building average

No other active listings in this building

442 - Lakeshore North average

$442/sqft

8 active listing(s)

Parking: 2 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: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$373.50
Total monthly cost$3,469.78
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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