Property Type: Detached HouseOwnership: Freehold

563 WOOLGRASS Avenue

Waterloo, BC N2V2Y2

$1,099,900

4 bed4.5 bath4 parking2,847 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.11 acres
Frontage
40 feet

50-R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,333.17

Interior

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

Exterior & Lot

Exterior features
Brick, Stone, Stucco, Vinyl siding
Lot features
Backs on greenbelt, Conservation/green belt, Sump Pump, Automatic Garage Door Opener

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system
Security
Smoke Detectors

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomSecond level
2pc BathroomMain level
BedroomSecond level10'4'' x 11'4''
BedroomSecond level13'0'' x 12'9''
BedroomSecond level9'10'' x 12'7''
Primary BedroomSecond level11'11'' x 21'2''
5pc Ensuite bathSecond level
Laundry roomMain level
Family roomMain level20'9'' x 12'0''
Dining roomMain level12'2'' x 11'8''
Living roomMain level11'11'' x 13'3''
KitchenMain level11'1'' x 20'11''
3pc BathroomLower level
Recreation roomLower level24'8'' x 11'10''

Listing Information

MLS®
40853180
Listed
August 7, 2026
Time on market
On the market for 38 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX SOLID GOLD REALTY (II) LTD. · Data source: CREA DDF.

Description

Welcome to this beautiful custom built 4 bedroom, 4 bathroom home backing on greenbelt! Located in the sought after Laurelwood community, and one of Waterloo's top rated school districts. Just minutes from excellent schools, Costco, shopping, and walking trails, this home offers the perfect blend of comfort, style, and convenience. The bright, open concept main floor is designed for both everyday living and entertaining. A spacious family room overlooks the peaceful, private greenbelt backyard, creating a warm and relaxing space to gather with family and friends. Rich cherry hardwood floors flow throughout the main living and dining areas, beautifully complemented by granite countertops and elegant crystal light fixtures. Step out onto the quiet main floor balcony, the perfect spot to enjoy your morning coffee or relax in the evening. Upstairs, the spacious primary suite is your own private retreat, featuring a walk-in closet and a luxurious 5-piece ensuite. Three additional generously sized bedrooms and a well appointed 4-piece bathroom provide plenty of space and comfort for family and guests. The fully finished basement provides a large recreation room with endless possibilities, whether you need a home theatre, games room, gym, or extra living space. Additional features include 9 foot ceilings, a central vacuum system, an oversize double garage with plenty of storage, and a beautiful stone and brick exterior. The professionally landscaped interlock stone driveway and backyard patio add outstanding curb appeal and create the perfect outdoor space for relaxing or entertaining. This exceptional home combines timeless elegance with modern comfort in one of Waterloo's most desirable neighbourhoods. A wonderful place to call home! (id:63159)

Values & Trends

This listing

$386/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$398/sqft

43 active listing(s)

Parking: 4 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: 7.7% ($84,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,920.00
Periodic payment — Principal & Interest (monthly)$5,676.95
Additional monthly expenses (strata, tax, utilities, etc.)$753.10
Total monthly cost$6,430.04
Interest paid over 5-yr term$252,187.60
Balance at end of term$791,490.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.30

Cash Needed at Closing

Minimum down payment$84,990
Estimated BC PTT$19,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,488

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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