Property Type: Detached HouseOwnership: Freehold

425 SPECKLED ALDER Street

Waterloo, BC N2V2T5

$899,900

5 bed4.5 bath2 parking1,742 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
28 feet

50-R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,179

Interior

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

Exterior & Lot

Exterior features
Brick, Vinyl siding
Lot features
Paved driveway, Sump Pump, Automatic Garage Door Opener
Fencing
Fence

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement6'7'' x 9'1''
4pc BathroomBasement8'1'' x 11'5''
BedroomBasement11'1'' x 18'11''
4pc BathroomSecond level7'5'' x 11'2''
3pc Ensuite bathSecond level4'10'' x 5'8''
BedroomSecond level8'9'' x 11'11''
BedroomSecond level9'11'' x 11'10''
BedroomSecond level10'1'' x 13'11''
Primary BedroomSecond level12'11'' x 19'0''
Laundry roomMain level5'4'' x 10'6''
2pc BathroomMain level3'8'' x 7'2''
Dining roomMain level8'2'' x 9'8''
KitchenMain level9'8'' x 10'10''
Living roomMain level11'1'' x 19'0''

Listing Information

MLS®
40857140
Listed
August 20, 2026
Time on market
On the market for 26 days
Data last synced
September 15, 2026

Listing provided by: CENTURY 21 RIGHT TIME REAL ESTATE INC. · Data source: CREA DDF.

Description

Welcome to 425 Speckled Alder St, a stunning two-storey residence nestled in one of Waterloo's most desirable neighborhoods. Offering 1,742 sq ft of beautifully designed living space above grade, plus a fully finished 655 sq ft basement, for a total of 2,397 sq ft, this home is perfectly suited for growing families and those who love to entertain. Step inside to a bright and inviting open-concept main floor, anchored by a spacious living room featuring a cozy gas fireplace, the perfect setting for relaxing evenings or hosting guests. The convenience of main floor laundry adds to the home's thoughtful functionality. Freshly and recently painted throughout, this home is truly move-in ready, and a deck (2022) offers the ideal space for outdoor gatherings and summer evenings. Upstairs, you'll find four generously sized bedrooms, including an impressive master retreat with a private ensuite. The finished basement offers versatile space for entertaining or accommodating guests, complete with a stylish 4-piece bathroom. Location is everything, and this home delivers: enjoy the convenience of being within walking distance to Abraham Erb Public School, St. Nicholas Catholic Elementary School, and Laurel Heights Secondary School, a rare offering for families. Nearby, the Laurelwood Commons shopping plaza provides everyday essentials including Food Basics, Dollarama, Shoppers Drug Mart, and more, all just steps away. Transit is easily accessible with a nearby bus stop, and nature lovers will appreciate the scenic walking trails right at your doorstep. For added lifestyle appeal, this home is also close to the YMCA, Costco, the public library, and beautiful conservation areas, offering the perfect balance of comfort, convenience, and community. This exceptional property is ready to welcome its next chapter. Don't miss the opportunity to make 425 Speckled Alder St your forever home. (id:63159)

Values & Trends

This listing

$517/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$393/sqft

43 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: Kitchener-Waterloo

Cloudy

11°C

Cloudy

Humidity 92%

Wind ENE calm 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: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$518.58
Total monthly cost$5,163.26
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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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