31 Mulberry Lane is a 3-bedroom, 2-bathroom duplex in Waterloo, listed for $699,900. It has 1100-1500 sq ft of living space.
1Ideally located near University of Waterloo, Wilfrid Laurier University, and Conestoga College, this home is perfectly positioned on a large corner lot with a full over sized backyard.
2The kitchen is functional and inviting, with plenty of cabinetry and space to cook and gather with a walk-out to party sized deck.
3Down the hall, three bedrooms and a 4pc bath, offers comfort and simplicity.
Tucked away in one of Waterloo's sought-after area, split-entry bungalow that offers flexibility for families, multigenerational living, or investment potential. Ideally located near University of Waterloo, Wilfrid Laurier University, and Conestoga College, this home is perfectly positioned on a large corner lot with a full over sized backyard. Inside, you'll find a bright and airy main floor with large windows that flood the living and dining areas with natural light. The kitchen is functional and inviting, with plenty of cabinetry and space to cook and gather with a walk-out to party sized deck. Down the hall, three bedrooms and a 4pc bath, offers comfort and simplicity. The lower level with a full in-law suite, complete with a separate entrance, living room, kitchen, 3 bedrooms , and a 3-piece bath- Located minutes from local plazas, great schools, highway access, this home combines quiet residential charm with unbeatable convenience. Whether you're upsizing, downsizing, or investing, versatile opportunity in one of Waterloo's most connected and nature-rich communities. Roof ( 2011), Attic insulation (2022), Furnace (2024),New heat pump A/C (2024)
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $636 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 31 Mulberry Lane
Every detail from the listing, in one place.
Type
Duplex
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Duplex
31 Mulberry Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14024262$699,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 31 Mulberry Lane 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
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,438
/mo
based on the purchase price of $699,900
$139,980 cash
$559,920 financed
$471,600 total interest
Principal54%$559,920
Interest46%$471,600
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-bed homes for sale in Waterloo around $700K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings402Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 16 – Jul 15, 2026.
Based on 468 sales from Jul 15 – Oct 13, 2026 (275 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
31 Mulberry Lane is listed at $699,900 (MLS® X14024262). Summitly updates the price as soon as the MLS® record changes.
Is $699,900 a good price for 31 Mulberry Lane?
Summitly rates it Above Market: the asking price is 5% to 15% 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 31 Mulberry Lane changed?
No — 31 Mulberry Lane is still listed at its original asking price of $699,900.
How many bedrooms and bathrooms does 31 Mulberry Lane have?
31 Mulberry Lane has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Waterloo.
Is 31 Mulberry Lane close to transit?
The nearest rapid-transit station is Willis Way Station (ION), about 1.7 km (about a 22-minute walk) in a straight line. Laurier - Waterloo Park Station is about 1.8 km (about a 22-minute walk), and Waterloo Public Square Station is about 1.9 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 31 Mulberry Lane?
About $3,438 a month — principal and interest on $699,900 with 20% down ($139,980), 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 31 Mulberry Lane compare with other homes in Waterloo?
Its asking price of $699,900 is about the same as the median sold price in Waterloo over the last 90 days, $700,000, across 468 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 31 Mulberry Lane been sold before?
Summitly has no earlier MLS® sale or lease of 31 Mulberry Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 31 Mulberry Lane?
31 Mulberry Lane is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 31 Mulberry Lane been on the market?
31 Mulberry Lane was listed today (October 13, 2026).
What is the price per square foot of 31 Mulberry Lane?
About $467 to $636 per square foot: the asking price of $699,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 31 Mulberry Lane have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.