Property Type: Detached HouseOwnership: FreeholdNEW LISTING

309 TOLL GATE Boulevard

Waterloo, BC N2L4M5

$675,000

3 bed2 bath3 parking2,366 sqftBuilt 1976
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Property Details

Property & Lot

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

SR1A

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,712.13

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Central Vacuum, Stove, Dryer, Garage door opener

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Automatic Garage Door Opener

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level11'2'' x 12'2''
BedroomMain level9'2'' x 14'0''
BedroomMain level8'8'' x 10'5''
4pc BathroomMain level
Dining roomMain level10'0'' x 9'6''
Living roomMain level18'3'' x 11'7''
KitchenMain level14'9'' x 10'2''
Family roomBasement17'7'' x 13'5''
Utility roomBasement11'4'' x 13'11''
Recreation roomBasement13'0'' x 21'10''
StorageBasement5'9'' x 13'6''
3pc BathroomBasement

Listing Information

MLS®
40862569
Listed
September 14, 2026
Time on market
Listed today
Data last synced
September 15, 2026

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

Description

Welcome to this well maintained, one owner raised bungalow in the desirable Lakeshore area of Waterloo! Ideally located just a stone’s throw from the newest future WRHN hospital, on a bus route, and minutes from the University of Waterloo and Ira Needles amenities. Offering 3 bedrooms and 2 bathrooms, this solid home features an updated kitchen, finished basement and major mechanical updates already completed. The versatile raised bungalow layout offers excellent potential for an in-law suite or duplex conversion. Outside, enjoy a large yard, single car garage and driveway parking for two. A fantastic opportunity in an established neighbourhood with an incredibly convenient location. ** Some photos have been virtually staged. (id:63159)

Values & Trends

This listing

$285/sqft

Building average

No other active listings in this building

421 - Lakeshore/Parkdale average

$451/sqft

13 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: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$540,000.00
Periodic payment — Principal & Interest (monthly)$3,483.90
Additional monthly expenses (strata, tax, utilities, etc.)$510.68
Total monthly cost$3,994.57
Interest paid over 5-yr term$154,765.55
Balance at end of term$485,731.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.70

Cash Needed at Closing

Minimum down payment$42,500
Estimated BC PTT$11,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,500

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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