Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

731 BUTTERNUT Avenue

Waterloo, BC

$950,000

4 bed4 full, 2 half bath4 parking2,645 sqftBuilt 2002
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
52 feet

FR

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,900

Interior

Basement
Finished, Full
Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water purifier, Water softener, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener

Exterior & Lot

Exterior features
Brick, Aluminum siding
Lot features
Corner Site, Sump Pump, 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

Room Dimensions

RoomLevelDimensions
Games roomBasement11'0'' x 13'5''
2pc BathroomBasement
Recreation roomBasement13'4'' x 13'5''
Laundry roomSecond level
4pc BathroomSecond level
BedroomSecond level8'9'' x 10'10''
BedroomSecond level12'4'' x 11'5''
BedroomSecond level12'6'' x 11'5''
4pc Ensuite bathSecond level
Primary BedroomSecond level16'5'' x 11'7''
2pc BathroomMain level
DinetteMain level12'0'' x 9'2''
KitchenMain level12'0'' x 10'0''
Dining roomMain level11'7'' x 12'0''
Great roomMain level16'2'' x 13'4''

Listing Information

MLS®
40861507
Listed
September 9, 2026
Time on market
On the market for 5 days
Data last synced
September 15, 2026

Listing provided by: Peak Realty Ltd. · Data source: CREA DDF.

Description

Absolutely gorgeous, fully renovated 4-bedroom, 4 bathroom and double car garage home is located in the most desirable Waterloo Columbia Forest location. Comprehensive renovations with top-quality finished throughout the main and second floors. Including new flooring, new stairs, new kitchen cabinet, fully renovated 4 bathrooms and more. Chef’s dream kitchen with granite countertop and brand new cabinets and stain still new appliances, a lot of cupboard space for your convenience. Spacious great room with an abundance of natural light, a gas fireplace and a patio door leads to a substantial 2-tier deck and a fenced back yard with mature trees. Large separate dining room with gorgeous built-in display storage! The second floor has 4 good size bedrooms. Primary bedroom with a new upgrade ensuite and large walk-in closet. You will also find 3 additional bedrooms with ample closet space, second floor laundry, and a family bath. Finished basement with a huge reception room is perfect for your family entertainment. Right beside the rec room are the exercise room, a semi-finished hobby room, ample storage space, a 2-piece bath with shower rough-in. Recent upgrade: Fresh paint; New floorings on main and second floor, New fully renovated all 4 bathrooms, New stove; New fridge and a lot more. Fresh paint for decks/railing/front porch. Walking distance to Laurel Heights Secondary School. Close to UW, bus routes to UW, Costco and Boardwalk shopping Centre, just move in and enjoy! (id:63159)

Values & Trends

This listing

$359/sqft

Building average

No other active listings in this building

443 - Columbia Forest/Clair Hills average

$399/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: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$623.67
Total monthly cost$5,526.93
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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