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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    HomeBuySell
    For sale Listed 6 days ago

    121 Steeplechase Way

    Waterloo, ON·N2K 0E7·Near UNIVERSITY AVE/WOOLWICH ST/ FALCONRIDGE DR

    • 4 beds
    Waterloo real estate›X13575294
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Priced to Sell ! Walkout Legal Basement, Ravine Lot ! 2-5 Minutes drive to University of Waterloo. A rare opportunity to own one of the most desirable homes currently available for SALE in the city ! Nestled on a premium ravine lot backing onto protected green space and scenic walking trails, this exceptional property offers privacy, nature, and income potential all in one.This beautifully upgraded home features over 3,000 sq. ft. of finished living space, including a legal walkout basement apartment currently generating approximately $2,000/month in rental income, making it an ideal mortgage helper or perfect setup for multi-generational living.The bright and spacious main residence offers 4 generous bedrooms, 3 upgraded bathrooms, elegant living and family rooms, a modern kitchen, second-floor laundry, and abundant natural light throughout. Enjoy breathtaking views of the protected greenspace from the large deck, perfect for entertaining family and friends or summer BBQs.The fully finished legal walkout basement features 2 spacious bedrooms, a modern kitchen, a stylish 3-piece bathroom, and a separate entrance, providing excellent rental income potential.Additional highlights include a double-car garage, ample driveway parking, pot lights throughout, modern finishes, and a quiet family-friendly neighborhood.Located in the highly sought-after Kiwanis Park area, close to the Grand River, walking trails, parks, top-rated schools, Grey Silo Golf Club, Conestoga Mall, and both the University of Waterloo and Wilfrid Laurier University. Waterloo is recognized as one of Canada's most educated and innovative cities, making this location highly desirable for families and investors alike.A truly one-of-a-kind offering combining a premium ravine lot, legal walkout income suite, spacious family living, and an unbeatable location. Properties with this combination of features rarely become available. Book your private showing today!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 16, 2026ListedCurrentFor sale$997,700 —X13575294This page
    Jun 4, 2026Previously listedTer$999,000 —X13238464View
    Nov 17, 2025Previously listedExp$1,145,999 —X12551884View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 121 Steeplechase Way
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,901
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $570
    0.69% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $753,590
      Last 30 days
    • Median sold price
      $697,500
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      306
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 121 Steeplechase Way — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 121 Steeplechase Way and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 121 Steeplechase Way listed for?

      121 Steeplechase Way is listed at $997,700 on the MLS® (listing X13575294). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 121 Steeplechase Way have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $997,700
    $0 / sqft · MLS® X13575294
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $889,236
    $818,097Confidence range$960,375
    Asking vs estimate
    ↑above
    +$108,464
    (+12.2%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 30 days — this one has been listed 6 days.

    Avg sold price
    $753,590
    Median sold
    $697,500
    Avg days on market
    30
    Recently sold
    306
    See comparable sales
    AI highlights by Zara
    • Walkout Legal Basement, Ravine Lot ! 2-5 Minutes drive to University of Waterloo.
    • A rare opportunity to own one of the most desirable homes currently available for SALE in the city !
    • Properties with this combination of features rarely become available.
    • Book your private showing today!
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    2
  7. Interior

    5
    Basement
    Finished with Walk-Out
    Family room
    Y
    Kitchens
    1
    Total rooms
    13
    Laundry level
    Main Level
  8. Exterior & construction

    4
    Exterior
    Concrete, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Brick, Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  10. Room-by-room · 1 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    1 room
    • Primary Bedroom
    Combined estimate
    $5,471
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,901
    /mo
    based on the purchase price of $997,700
    $199,540 cash
    $798,160 financed
    $672,260 total interest
    Monthly payment$4,901/ month
    Principal54%$798,160
    Interest46%$672,260

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 50 Combermere Crescent
      Sold
      Sign in for price
      50 Combermere Crescent
      Detached
    • 179 Murdock Avenue
      Sold
      Sign in for price
      179 Murdock Avenue
      Detached
    • 455 Boettger Place
      Sold
      Sign in for price
      455 Boettger Place
      Detached
    • 439 Woodrow Drive
      Sold
      Sign in for price
      439 Woodrow Drive
      Detached
    • 729 Grand Banks Drive
      Sold
      Sign in for price
      729 Grand Banks Drive
      Detached
    • 500 Glacier Street
      Sold
      Sign in for price
      500 Glacier Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    121 Steeplechase WayThis home4 / 420,002,500$997,700ask———
    50 Combermere Crescent3 / 31,100—
    179 Murdock Avenue4 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Waterloo

    Active listings within ±20% of this asking price.

    • 369 Crimson Drive
      $839,900
      369 Crimson Drive
      Detached 5 3
    • 610 Violet Street
      $1,050,000
      610 Violet Street
      Detached 3 3
    • 43 Decaro Crescent
      $899,000
      43 Decaro Crescent
      Detached 4 4
    • 138 Flanders Road
      $999,999
      138 Flanders Road
      Detached 3 3
    • 364 Stoneheight Place
      $899,900
      364 Stoneheight Place
      Detached 3 4
    • 337 Marlowe Drive
      $1,149,900
      337 Marlowe Drive
      Detached 3 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of HOMELIFE/MIRACLE REALTY LTD · displayed on Summitly per MLS® data-share rules

    121 Steeplechase Way is a 4-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 121 Steeplechase Way built?

    The year built for 121 Steeplechase Way isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 121 Steeplechase Way?

    The 'Property tax' tab in the History section shows the most recent annual tax for 121 Steeplechase Way plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 121 Steeplechase Way?

    The affordability calculator on this page shows an estimated monthly mortgage for $997,700 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 121 Steeplechase Way been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 121 Steeplechase Way with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 121 Steeplechase Way in?

    121 Steeplechase Way is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  20. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 455 Boettger Place
    3 / 2
    700
    —
    439 Woodrow Drive4 / 22,000—
    729 Grand Banks Drive3 / 31,500—
    500 Glacier Street3 / 31,500—