Condo TownhouseOn market 96 daysPrice drop · $25,900 off (-5.0%)

489 Beechwood Dr #1, Waterloo

Name: 489 Beechwood Drive, Unit 1
SKU: X13611626
Price: 494000 CAD
Availability: InStock

Waterloo, ON · · MLS® X13611626Updated October 30, 2026

$494,000Est. $2,427/mo mortgage

Bedrooms: 3
Bathrooms: 2
Living space: 1200–1399sq ft
Parking spaces: 2

Type Condo Townhouse
Garage Yes
Basement Finished

What you should know

489 Beechwood Dr #1 is a 3-bedroom, 2-bathroom condo townhouse in Waterloo, listed for $494,000. It has 1200-1399 sq ft of living space.

Imagine relaxing on your oversized private terrace, surrounded by mature trees and overlooking the quiet cul-de-sac, sparkling in-grd pool, & tennis courts.
The modern eat-in kitchen offers plenty of space for everyday living, while the separate diningrm walks out to the terrace, making indoor & outdoor entertaining effortless.
The inviting living room features a charming decorative brick fireplace, creating a cozy space to gather with family & friends.

Ask Zara:

3 Bed, 2 Bath Condo Townhouse in Waterloo

Unit 1 at 489 Beechwood Drive

Nestled in the heart of the highly sought-after Beechwood community, this exceptional cul-de-sac home offers the perfect blend of comfort, nature, a carefree living of a condominium Townhome. Whether you're a first-time buyer, a growing family, or an empty nester looking to simplify without compromise, you'll appreciate the peaceful setting & welcoming neighbourhood. Imagine relaxing on your oversized private terrace, surrounded by mature trees and overlooking the quiet cul-de-sac, sparkling in-grd pool, & tennis courts. If pickleball is your passion, you'll love having the courts just steps away. This beautifully maintained complex offers a lifestyle where recreation & nature come together. Inside, the bright & spacious main floor is decorated in warm, neutral tones and enhanced by a stunning stained-glass window that fills the home with colourful natural light. The modern eat-in kitchen offers plenty of space for everyday living, while the separate diningrm walks out to the terrace, making indoor & outdoor entertaining effortless. The inviting living room features a charming decorative brick fireplace, creating a cozy space to gather with family & friends. A convenient two-piece powder room completes the main level. Upstairs, the beautiful stained-glass accents continue, adding warmth & character throughout. The generous primary suite offers a walk-in closet & private three-piece ensuite, while two additional spacious bedrooms and a four-piece family bathroom provide plenty of room for guests, family, or a home office. The finished lower level features a comfortable recreation room, a spacious laundry area, abundant storage, & direct access to the attached garage-making it easy to stay warm & dry during every season. Additional features include central air conditioning, gas heating, a modern appliances. Some homes simply have to be experienced in person. From its peaceful setting to its inviting living spaces, this is a place where you can truly feel at home

3 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $412 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.

Inside 489 Beechwood Dr #1

Every detail from the listing, in one place.

Type: Condo Townhouse
Style: 2-Storey
Living space: 1200-1399 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Condo Townhouse

489 Beechwood Dr #1 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13611626−$25,900 (5.0%)$494,000
Jul 28, 2026For saleListedThis listingMLS® X13611626$519,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 489 Beechwood Dr #1 Compares to the Waterloo Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 721 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Waterloo market, last 90 days

Median sold price: $700,000
Average sold price: $759,310
Average days on market: 32
Homes sold: 427

Closed sales on the TRREB MLS®.

Full Waterloo market report

Recently sold nearby in Waterloo

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1 — 489 Beechwood Drive 3 bd · 2 ba · 1,200 sqft	$494,000asking	$412	—	—
465 Columbia Street 2 bd · 3 ba · 1,200 sqft
397 Keats Way 3 bd · 1 ba · 1,200 sqft
271 GREY SILO Road 4 bd · 3 ba · 1,800 sqft
206 Candlewood Crescent 3 bd · 2 ba · 1,400 sqft
89 Woolwich Street 3 bd · 3 ba · 1,200 sqft
142 Foamflower Place 2 bd · 2 ba · 1,200 sqft

465 Columbia Street
2 bd · 3 ba · 1,200 sqft
397 Keats Way
3 bd · 1 ba · 1,200 sqft
271 GREY SILO Road
4 bd · 3 ba · 1,800 sqft
206 Candlewood Crescent
3 bd · 2 ba · 1,400 sqft
89 Woolwich Street
3 bd · 3 ba · 1,200 sqft
142 Foamflower Place
2 bd · 2 ba · 1,200 sqft

Living in Waterloo: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 489 Beechwood Dr #1

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,427; 20% down · 25 years · 5.5% assumed
Property tax: $272; 0.66% mill rate · ON
Total per month: $2,699; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,427

/mo

based on the purchase price of $494,000

Down payment20%

$98,800 cash

Amortization25 yr

$395,200 financed

Rate5.50%

$332,862 total interest

Principal54%$395,200

Interest46%$332,862

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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Listing brokerage: RE/MAX HALLMARK REALTY LTD., BrokerageMLS® X13611626 · Listing data last updated October 30, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Jul 27· $412/sq ft

Estimated monthly mortgage$2,427/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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