Property Type: Detached HouseOwnership: FreeholdNEW LISTING

419 FORESTLAWN Road

Waterloo, BC N2K2J5

$997,500

4 bed2 bath5 parking2,726 sqftBuilt 1959
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
122 feet

SR3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,258.97

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Wood, Other - See remarks
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings

Exterior & Lot

Exterior features
Wood
Lot features
Southern exposure, Sump Pump, Automatic Garage Door Opener

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Games roomLower level12'7'' x 24'9''
Laundry roomLower level11'9'' x 19'9''
Recreation roomLower level13'0'' x 19'9''
BedroomSecond level10'2'' x 12'7''
BedroomSecond level10'3'' x 10'1''
BedroomSecond level10'1'' x 15'3''
5pc BathroomSecond level
Primary BedroomSecond level13'4'' x 16'2''
3pc BathroomMain level
Family roomMain level15'5'' x 17'11''
BreakfastMain level9'11'' x 15'5''
Living room/Dining roomMain level12'7'' x 26'2''
Eat in kitchenMain level10'7'' x 10'3''
OfficeMain level14'4'' x 12'10''

Listing Information

MLS®
40862600
Listed
September 14, 2026
Time on market
Listed today
Data last synced
September 15, 2026

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

Description

MASSIVE LOT 122 X 225 FOOT DEEP LOT! - 0.63 acres A rare opportunity to own a charming family home set on an extraordinary 122' x 225' private lot—a property that offers exceptional space, privacy and exciting possibilities for the future. Whether you envision enjoying the expansive grounds as they are, creating your dream outdoor retreat, expanding the existing home or exploring potential future development opportunities, this remarkable property offers a setting that is increasingly difficult to find. Freshly painted throughout, beautifully maintained and move-in ready, the home is filled with natural light and offers generous living space for a growing family. The main floor features a spacious living room and a bright, inviting eat-in kitchen with plenty of windows overlooking the impressive backyard. A separate den/home office with custom built-ins and wainscotting provides the perfect space for working from home, studying or relaxing. At the heart of the home is the massive family room addition, where soaring vaulted ceilings, oversized windows and a cozy gas fireplace create a warm and inviting gathering space while showcasing beautiful views of the backyard. Step directly outside to the deck and discover the incredible depth and privacy of the 122' x 225' lot—with room to entertain, garden, play, expand and dream. A convenient 3-piece bathroom completes the main level. Upstairs are four spacious bedrooms and a full 4-piece family bathroom, while the finished lower level provides even more living space with a rec room and additional games area. Clean, bright, spacious and exceptionally well maintained, this is a home a family can enjoy today while recognizing the tremendous potential of the land for tomorrow. All of this is ideally located just steps from top-rated schools. (id:63159)

Values & Trends

This listing

$366/sqft

Building average

No other active listings in this building

120 - Lexington/Lincoln Village average

$430/sqft

22 active listing(s)

Parking: 5 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: Kitchener-Waterloo

Cloudy

16°C

Cloudy

Humidity 80%

Wind SE 13 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

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: 7.5% ($74,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$798,000.00
Periodic payment — Principal & Interest (monthly)$5,148.43
Additional monthly expenses (strata, tax, utilities, etc.)$657.58
Total monthly cost$5,806.01
Interest paid over 5-yr term$228,709.09
Balance at end of term$717,803.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,750
Stress test qualifying rate8.09%
Payment you must qualify for$7,095.62

Cash Needed at Closing

Minimum down payment$74,750
Estimated BC PTT$17,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,200

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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