Property Type: Detached HouseOwnership: Freehold

575 VIOLET Street

Waterloo, BC N2V2T8

$885,000

3 bed4.5 bath3 parking2,854 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Stories
2
Frontage
30 feet

FR50

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,857.94

Interior

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

Exterior & Lot

Exterior features
Concrete, Brick, 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

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement21'1'' x 7'9''
OtherBasement5'2'' x 7'4''
4pc BathroomBasement5'11'' x 7'1''
Recreation roomBasement23'3'' x 20'0''
Family roomSecond level18'2'' x 11'5''
4pc BathroomSecond level9'11'' x 5'3''
BedroomSecond level9'9'' x 10'8''
BedroomSecond level12'11'' x 9'4''
4pc Ensuite bathSecond level11'0'' x 6'4''
Primary BedroomSecond level15'0'' x 14'5''
FoyerMain level6'5'' x 8'3''
2pc BathroomMain level8'6'' x 3'3''
Dining roomMain level11'11'' x 8'3''
KitchenMain level11'6'' x 12'2''
Living roomMain level11'5'' x 20'4''

Listing Information

MLS®
40852869
Listed
August 3, 2026
Time on market
On the market for 43 days
Data last synced
September 15, 2026

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

Description

Discover the perfect home for you and your family! This stunning 3-bedroom, 2800 square feet living space residence offers everything you've been dreaming of and more. Nestled against a serene greenbelt, high end interlock driveway, this property features a fully finished walk-out basement with 3 piece bathroom and wet bar, composite deck, and an open concept design that makes it an ideal choice for families and investors alike. This home is perfectly situated in a sought-after location with one of the best public elementary schools just a stone's throw away. Surrounded by convenience, you'll find parks, a university, a mall, and major highways in close proximity, making daily life a breeze. With its family-oriented neighbourhood and prime location, this property is an excellent choice for families looking to settle down in a peaceful and friendly community. Additionally, the potential for a great return on investment makes it a lucrative opportunity for investors seeking a valuable property. Don't miss out on the chance to call this remarkable property your own or to make a wise investment move. Act quickly, as opportunities like this don't come around often! Upgrades include: STOVE 2021, WASHER AND DRYER 2019, REFRIGERATOR 2020, SHINGLE 2018, INTERLOCK DRIVEWAY 2020 (id:63159)

Values & Trends

This listing

$310/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$400/sqft

43 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: 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% ($63,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$708,000.00
Periodic payment — Principal & Interest (monthly)$4,567.78
Additional monthly expenses (strata, tax, utilities, etc.)$631.16
Total monthly cost$5,198.94
Interest paid over 5-yr term$202,914.84
Balance at end of term$636,848.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,317.05

Cash Needed at Closing

Minimum down payment$63,500
Estimated BC PTT$15,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,700

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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