Property Type: Detached HouseOwnership: Freehold

670 SALZBURG Drive

Waterloo, BC N2V2N8

$889,000

3 bed3 bath4 parking1,983 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
1
Lot size
0.12 acres
Frontage
45 feet

FR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,130

Interior

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

Exterior & Lot

Exterior features
Brick
Lot features
Southern exposure, Backs on greenbelt, Conservation/green belt, Automatic Garage Door Opener

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Accessibility
Accessible Electrical and Environmental Controls

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Utility roomBasement19'10'' x 18'3''
Recreation roomBasement18'9'' x 22'9''
3pc BathroomBasement5'3'' x 11'1''
BedroomBasement17'0'' x 11'1''
4pc BathroomMain level10'5'' x 11'7''
3pc BathroomMain level8'3'' x 4'11''
BedroomMain level9'7'' x 9'10''
Dining roomMain level12'7'' x 9'7''
KitchenMain level13'0'' x 9'6''
Living roomMain level18'10'' x 13'3''
Primary BedroomMain level13'3'' x 11'7''

Listing Information

MLS®
40855424
Listed
August 14, 2026
Time on market
On the market for 31 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX Twin City Realty Inc. · Data source: CREA DDF.

Description

PRICELESS WATER VIEW! A rare opportunity to own a modern, freehold walkout bungalow with no condo fees, backing directly onto beautiful Rosewood Pond in Waterloo’s sought-after Clair Hills community. Freshly painted, updated with new carpet and completely move-in ready, this 2+1 bedroom, 3 bathroom home offers nearly 2,000 sq. ft. of finished living space designed for comfort, style and easy living. The bright, open-concept main floor features maple hardwood and ceramic tile, with large windows capturing peaceful pond views. Step outside to the raised deck with glass railings and enjoy a truly exceptional backdrop. The spacious primary bedroom overlooks the water and includes a walk-in closet and private 4-piece ensuite. A second main floor bedroom features a built-in Murphy bed, making it ideal as either a home office or guest room. The finished walkout lower level is equally impressive, with oversized windows, a gas fireplace and direct access to the yard and covered patio — perfect for entertaining, relaxing or enjoying quiet mornings by the pond. A third bedroom with ensuite privilege and a generous utility/storage room completes the lower level. Thoughtfully designed with accessibility in mind, the home features widened doorways, lowered light switches and convenient one-level living for everyday needs. Add a double garage, quiet low-traffic setting and one of the neighbourhood’s most desirable pond-side locations, and this is an outstanding option for anyone looking to right-size without compromising on space, quality or lifestyle. Homes combining a walkout bungalow, freehold ownership, accessibility features and a setting like this are seldom available. Welcome to Rosewood Estates — book your private showing today! (id:63159)

Values & Trends

This listing

$448/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$395/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: 7.2% ($63,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$711,200.00
Periodic payment — Principal & Interest (monthly)$4,588.42
Additional monthly expenses (strata, tax, utilities, etc.)$609.83
Total monthly cost$5,198.25
Interest paid over 5-yr term$203,831.96
Balance at end of term$639,726.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$63,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,344.73

Cash Needed at Closing

Minimum down payment$63,900
Estimated BC PTT$15,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$81,180

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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