Welcome to this well maintained, one owner raised bungalow in the desirable Lakeshore area of Waterloo! Ideally located just a stone's throw from the newest future WRHN hospital, on a bus route, and minutes from the University of Waterloo and Ira Needles amenities. Offering 3 bedrooms and 2 bathrooms, this solid home features an updated kitchen, finished basement and major mechanical updates already completed. The versatile raised bungalow layout offers excellent potential for an in-law suite or duplex conversion. Outside, enjoy a large yard, single car garage and driveway parking for two. A fantastic opportunity in an established neighbourhood with an incredibly convenient location. ** Some photos have been virtually staged.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $573 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 309 Toll Gate Blvd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
309 Toll Gate Blvd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,095
/mo
based on the purchase price of $630,000
$126,000 cash
$504,000 financed
$424,500 total interest
Principal54%$504,000
Interest46%$424,500
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 3–4 bed homes for sale in Waterloo around $630K.
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 listings397Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with May 3 – Aug 1, 2026: prices down.
Based on 418 sales from Aug 1 – Oct 30, 2026 (298 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
309 Toll Gate Blvd is listed at $630,000 (MLS® X13786978). Summitly updates the price as soon as the MLS® record changes.
Is $630,000 a good price for 309 Toll Gate Blvd?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 309 Toll Gate Blvd changed?
Yes — it was first listed at $675,000 and is now $630,000, a drop of $45,000 (6.7%).
How many bedrooms and bathrooms does 309 Toll Gate Blvd have?
309 Toll Gate Blvd has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Waterloo.
Is 309 Toll Gate Blvd close to transit?
The nearest rapid-transit station is Research and Technology Station (ION), about 1.2 km (about a 15-minute walk) in a straight line. University of Waterloo Station is about 1.9 km (about a 24-minute walk), and Northfield Station is about 2.0 km (about a 24-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 309 Toll Gate Blvd?
About $3,095 a month — principal and interest on $630,000 with 20% down ($126,000), 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.
Are there open houses at 309 Toll Gate Blvd?
Yes — Sunday, November 1, 2:00 PM – 4:00 PM. Open-house times come from the listing brokerage and can change, so check this page before you go, or book a private viewing.
How does 309 Toll Gate Blvd compare with other homes in Waterloo?
Its asking price of $630,000 is about 10% below the median sold price in Waterloo over the last 90 days, $697,500, across 418 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 309 Toll Gate Blvd been sold before?
Summitly has no earlier MLS® sale or lease of 309 Toll Gate Blvd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 309 Toll Gate Blvd?
309 Toll Gate Blvd is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 309 Toll Gate Blvd been on the market?
46 days — 309 Toll Gate Blvd was listed on September 14, 2026.
What is the price per square foot of 309 Toll Gate Blvd?
About $420 to $573 per square foot: the asking price of $630,000 over the 1,100–1,500 sq ft the listing gives as its size range.
