312 Schooner Cres is a 3-bedroom, 3-bathroom detached home in Waterloo, listed for $1,199,900. It has 2500-3000 sq ft of living space.
1Privacy, space and a top Waterloo school district: 312 Schooner Crescent has it all.
2The heart of the home is a spacious kitchen with a built-in desk workspace and a sun-filled breakfast area that opens right onto the yard.
3The fully finished basement expands your living space with a huge rec room, an additional bedroom, a 3-piece bath, a 2-piece bath, a cold room and plenty of storage.
Privacy, space and a top Waterloo school district: 312 Schooner Crescent has it all. Tucked into sought-after Colonial Acres/East Bridge and backing directly onto Millen Woods Public School, this beautifully maintained detached home offers 4,108 total Sq Ft, a fully finished basement and a backyard that feels like your own private escape. From the moment you enter the grand foyer, rich hardwood sets the tone across the main level. Host in style in the formal sitting and dining room with a cozy gas fireplace, then settle into the family room. The heart of the home is a spacious kitchen with a built-in desk workspace and a sun-filled breakfast area that opens right onto the yard. Upstairs, hardwood carries through four large bedrooms. The primary suite is a true retreat, with room to spread out and a spa-like 5-piece ensuite. A 4-piece main bath and upper-level laundry make daily routines easy. The fully finished basement expands your living space with a huge rec room, an additional bedroom, a 3-piece bath, a 2-piece bath, a cold room and plenty of storage. Step outside and exhale. The private, landscaped yard offers a deck and pergola, ready for summer evenings and quiet weekend mornings. With a double attached garage, double-wide driveway, a gas furnace/heat pump replaced in 2024, and trails, parks, golf, shopping and transit nearby, this is the one you've been waiting for.
3 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $480 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 312 Schooner Cres
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Full, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
312 Schooner Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14082010$1,199,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 312 Schooner Cres 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
$5,895
/mo
based on the purchase price of $1,199,900
$239,980 cash
$959,920 financed
$808,505 total interest
Principal54%$959,920
Interest46%$808,505
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 3–5 bed homes for sale in Waterloo around $1.2M.
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 listings419Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 18 – Jul 17, 2026.
Based on 449 sales from Jul 17 – Oct 15, 2026 (287 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
312 Schooner Cres is listed at $1,199,900 (MLS® X14082010). Summitly updates the price as soon as the MLS® record changes.
Is $1,199,900 a good price for 312 Schooner Cres?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 312 Schooner Cres changed?
No — 312 Schooner Cres is still listed at its original asking price of $1,199,900.
How many bedrooms and bathrooms does 312 Schooner Cres have?
312 Schooner Cres has 3 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Waterloo.
Is 312 Schooner Cres close to transit?
The nearest rapid-transit station is Conestoga Station (ION), about 2.5 km in a straight line. Northfield Station is about 3.6 km, and Research and Technology Station is about 4.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 312 Schooner Cres?
About $5,895 a month — principal and interest on $1,199,900 with 20% down ($239,980), 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.
Are there open houses at 312 Schooner Cres?
Yes — Sunday, October 18, 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 312 Schooner Cres compare with other homes in Waterloo?
Its asking price of $1,199,900 is about 71% above the median sold price in Waterloo over the last 90 days, $700,000, across 449 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 312 Schooner Cres been sold before?
Summitly has no earlier MLS® sale or lease of 312 Schooner Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 312 Schooner Cres?
312 Schooner Cres is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 312 Schooner Cres been on the market?
312 Schooner Cres was listed today (October 15, 2026).
What is the price per square foot of 312 Schooner Cres?
About $400 to $480 per square foot: the asking price of $1,199,900 over the 2,500–3,000 sq ft the listing gives as its size range.