16 Kraft Dr is a 3-bedroom, 5-bathroom detached home in Waterloo, listed for $4,950,000. It has 5000 + sq ft of living space.
1Inside, expansive windows illuminate hand-scraped Canadian hickory floors and open-concept living spaces.
2A stone-mantled fireplace grounds the family room, while a dining room, butler's pantry and chef's kitchen with generous island and custom lighting make entertaining feel effortless.
3A walk-in pantry, laundry and three-piece bath complete the level.
Situated on prime urban fringe, half a kilometre from the road, Kraft House unfolds across 40 private acres of rolling fields and mature trees, including more than 30 acres under crop and a border with GRCA-protected greenspace. A paved drive leads to a thoughtfully reimagined modern farmhouse, where a full-length porch welcomes morning light and the three-season sunroom and pool terrace capture evening sunsets. Deer and wild turkeys are daily visitors. More than $1.5 million invested over the past decade has transformed the home through extensive renovations and a considered addition. Inside, expansive windows illuminate hand-scraped Canadian hickory floors and open-concept living spaces. A stone-mantled fireplace grounds the family room, while a dining room, butler's pantry and chef's kitchen with generous island and custom lighting make entertaining feel effortless. The main-floor principal suite features a sunlit bay window and direct access to the three-season sunroom. A skylit office and new foyer add versatility and presence; the architecturally designed entrance portico features a gabled metal roof, substantial columns and exposed timber detailing. A walk-in pantry, laundry and three-piece bath complete the level. Upstairs are two bedrooms, a full bath and dedicated laundry. The finished lower level offers a recreation room, wet bar, bedroom and two baths. Above the three-car garage, a bright loft with floor-to-ceiling windows is ideal for a gym. A 1,200-square-foot heated workshop with 12- and 8-foot bay doors accommodates vehicles, boats and equipment. Outdoors, a 20-by-40-foot concrete pool with waterfall, fire pit and mature treescape invites long afternoons and sunset gatherings. Just beyond the city limits and less than ten minutes from St. John's-Kilmarnock School and Waterloo Regional Airport, Kraft House offers rare privacy without sacrificing proximity to Kitchener, Waterloo and Breslau.
3 bedrooms, 5 bathrooms, about 5,000 sq ft, works out to roughly $990 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 16 Kraft Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
23 spacesYes garage
Basement
Finished, Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
23
Interior
Basement
Finished · Walk-Out
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
39.8
Listing & possession
Property style
2-Storey
Property class
Detached
16 Kraft Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13882830$4,950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 16 Kraft Dr Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$24,318
/mo
based on the purchase price of $4,950,000
$990,000 cash
$3,960,000 financed
$3,335,359 total interest
Principal54%$3,960,000
Interest46%$3,335,359
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Waterloo
Other 5-bed homes for sale in Waterloo around $5.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings405Homes for sale here right now.
Median vs prior 90 days−3.4%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 428 sales from Jul 25 – Oct 23, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 16 Kraft Dr
How much is 16 Kraft Dr listed for?
16 Kraft Dr is listed at $4,950,000 (MLS® X13882830). Summitly updates the price as soon as the MLS® record changes.
Is $4,950,000 a good price for 16 Kraft Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 Kraft Dr changed?
No — 16 Kraft Dr is still listed at its original asking price of $4,950,000.
How many bedrooms and bathrooms does 16 Kraft Dr have?
16 Kraft Dr has 3 bedrooms and 5 bathrooms, with about 5,000 square feet of living space. It is a detached home in Waterloo.
How much would the monthly mortgage be on 16 Kraft Dr?
About $24,318 a month — principal and interest on $4,950,000 with 20% down ($990,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 Kraft Dr compare with other homes in Waterloo?
Its asking price of $4,950,000 is about 620% above the median sold price in Waterloo over the last 90 days, $687,500, across 428 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 Kraft Dr been sold before?
Summitly has no earlier MLS® sale or lease of 16 Kraft Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 Kraft Dr?
16 Kraft Dr is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 Kraft Dr been on the market?
14 days — 16 Kraft Dr was listed on October 9, 2026.
What is the price per square foot of 16 Kraft Dr?
About $990 per square foot: the asking price of $4,950,000 over the 5,000 sq ft the listing gives.
Does 16 Kraft Dr have parking or a garage?
Yes — the listing gives 23 parking spaces. Garage: Yes.
Does 16 Kraft Dr have a basement, and is it finished?
The listing describes the basement as: Finished, Walk-Out.