$589,000
Est. payment $2,608/moCalculate yours
416 Woolwich Street, Waterloo, ON N2K 2L3
Waterloo, ON N2K 2L3
Listing courtesy of CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD MLS® X13792444
About this home
Build Your Dream Home in One of Waterloo’s Most Desirable Neighbourhoods! Located in the sought-after Lexington area, just steps from Old Kiwanis Park, this spacious vacant corner lot offers a rare opportunity to create a home that is truly your own. Set within a mature, established and family-friendly neighbourhood, this property offers the perfect combination of location, space and convenience. Municipal water and sewer are available from Woolwich Street, with hydro and gas conveniently located at the lot line, helping make the building process that much easier. Imagine designing a custom home perfectly suited to your lifestyle, surrounded by mature neighbourhoods, beautiful parks and trails, excellent schools and everyday amenities. With shopping, major roadways and everything Waterloo has to offer just minutes away, this is an opportunity to build in a location where properties like this rarely become available. Adding to the appeal, Ontario’s enhanced New Housing Rebate (NHR) program for eligible owner-built homes may allow qualifying purchasers to recover up to $80,000 of the provincial portion of HST paid on the construction of a new home or substantial renovation. For qualifying owner-built homes, the enhanced rebate generally applies where construction begins on or after April 1, 2026 and on or before March 31, 2027, with substantial completion on or before December 31, 2029. Buyers are encouraged to independently verify eligibility requirements and program details.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Building & Systems
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 64 x 155.8 Feet
- Zoning
- R3
Financial
- Property Taxes
- $1 (2026)
Location
- Cross Street
- Woolwich St and University Ave
- Direction Faces
- North
Listing
- MLS® Number
- X13792444
- Days on Market
- 32
- Listed On
- 2026-09-16
- Possession
- Flexible
- Listed By
- CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Features
Interior
- None
Mortgage calculator
Estimated mortgage payment
$2,608 per month
- Principal and interest
- $2,608
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $2,608
Your mortgage
- Mortgage amount
- $471,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $311,189
Cash to close
- Down payment
- $117,800
- Land transfer tax
- $8,255
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $126,055
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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