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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 56 days

    508 Kelso Place

    Waterloo, ON·N2V 2S1·Near Kelso Drive

    • 4 beds
    • 6 baths
    Waterloo real estate›X12170070
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Forever Home With In-Law/Income Potential-Welcome to 508 Kelso Place, a rare & incredibly versatile side-by-side legal duplex tucked into a quiet court in Waterloos sought-after Conservation Meadows. Set on a premium -acre lot in a park-like setting w/ a 175 deep backyard oasis & inground pool, this beautifully updated home offers 4,600+ SF of living space, parking for 6, & the flexibility to live, earn, or share. The main home features 3 bedrms & 4 bathrms, beginning w/ a sunken entry that leads to a show-stopping great rm w/ soaring ceilings, floor-to-ceiling windows, & a striking gas fireplace. The chefs kitchen is equally impressive, w/ oversized island, premium appliances, integrated dining area, & direct access to the backyard. A 2-pce bath completes the main. Upstairs, youll find a spacious primary suite w/ walk-in closet & tiled glass shower ensuite, plus 2 additional bedrms, a 4-pce bath, & a bright loft-style media/den space. The finished basement includes a large rec rm, 2-pce bath (w/ shower rough-in), & shared laundry. The attached 2-bedrm bungalow suite-complete w/ its own private entrance-is perfect for an in-law, nanny, garden suite, or potential income-generating rental. It offers an open-concept living rm, updated kitchen w/ island & integrated dining area, walkout to a private deck w/ gazebo, a main floor primary suite w/ walk-in closet & updated 4-pce ensuite, plus a finished basement w/ a large rec rm w/ gas fireplace, 4-pce bath, & additional bedrm. Loaded w/ updates throughout-pot lights, designer light fixtures, luxury vinyl flooring, & morethis home is turnkey & ready for whatever your needs may be. Whether you're seeking multi-generational living, mortgage-offset income, a private guest suite, or short-term rental potential, this home delivers the ultimate in flexibility & value. Ideally located just steps from trails, parks, & Laurel Creek, & only minutes to St. Jacobs Market, Costco, & HWY access, & more! Don't miss out, this home won't last!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 23, 2025ListedCurrentFor sale$1,499,000 —X12170070This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 508 Kelso Place
    What's nearby

    Points of interest classified by the MLS® feed.

    • Greenbelt/Conservation
    • Park
    • School
    • Rec./Commun.Centre
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $7,364
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $865
    0.69% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $758,514
      Last 30 days
    • Median sold price
      $705,000
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      307
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 508 Kelso Place — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 508 Kelso Place and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 508 Kelso Place listed for?

      508 Kelso Place is listed at $1,499,000 on the MLS® (listing X12170070). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 508 Kelso Place have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2500-3000 sqft
  2. Duplex
  3. Built 16-30
  4. < .50 ac lot
  5. Asking
    $1,499,000
    $0 / sqft · MLS® X12170070
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $895,047
    $823,443Confidence range$966,650
    Asking vs estimate
    ↑↑well-above
    +$603,953
    (+67.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 28 days — this one has been listed 56 days.

    Avg sold price
    $758,514
    Median sold
    $705,000
    Avg days on market
    28
    Recently sold
    307
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Set on a premium -acre lot in a park-like setting w/ a 175 deep backyard oasis & inground pool, this beautifully updated home offers 4,600+ SF of living space, parking for 6, & the flexibility to live, earn, or share.
    • The chefs kitchen is equally impressive, w/ oversized island, premium appliances, integrated dining area, & direct access to the backyard.
    • Upstairs, youll find a spacious primary suite w/ walk-in closet & tiled glass shower ensuite, plus 2 additional bedrms, a 4-pce bath, & a bright loft-style media/den space.
    • The finished basement includes a large rec rm, 2-pce bath (w/ shower rough-in), & shared laundry.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Inside Entry, Private Double
  8. Interior

    5
    Basement
    Full, Finished
    Family room
    Y
    Kitchens
    2
    Total rooms
    7
    Laundry level
    Lower Level
  9. Exterior & construction

    5
    Exterior
    Brick, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    View
    Pool, Trees/Woods, Forest, Garden
    Pool
    Inground
  10. Lot & land

    1
    Year built
    16-30
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Duplex
  12. Room-by-room · 25 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    9 rooms
    • Kitchen
      11.5 × 13.7 ft
    • Bathroom
      4 Pc Ensuite
      8.3 × 8.7 ft
    • Primary Bedroom
      11.5 × 17.4 ft
    • Living Room
      11.5 × 19.3 ft
    • Bathroom
      2 Pc Bath
      6.1 × 5.0 ft
    • Kitchen
      12.6 × 12.5 ft
    • Great Room
      13.7 × 17.9 ft
    • Dining Room
      11.5 × 7.6 ft
    • Dining Room
      12.3 × 8.7 ft

    Second level

    7 rooms
    • Primary Bedroom
      18.9 × 14.5 ft
    • Bedroom
      13.4 × 16.4 ft
    • Bathroom
      4 Pc Bath
      10.0 × 8.3 ft
    • Bathroom
      3 Pc Ensuite
      8.1 × 9.5 ft
    • Den
      19.0 × 10.0 ft
    • Other
      Walk-In Closet(s)
      9.5 × 5.8 ft
    • Bedroom
      9.6 × 10.0 ft

    Basement level

    9 rooms
    • Bathroom
      2 Pc Bath
      6.2 × 9.7 ft
    • Recreation
      23.4 × 26.4 ft
    • Other
      7.5 × 6.8 ft
    • Cold Room/Cantina
      7.6 × 7.2 ft
    • Bedroom
      11.6 × 11.7 ft
    • Laundry
      11.7 × 13.0 ft
    • Recreation
      26.1 × 17.9 ft
    • Utility Room
      6.9 × 9.7 ft
    • Bathroom
      4 Pc Bath
      7.9 × 9.2 ft
  13. Public Transit
  14. Wooded/Treed
  15. Combined estimate
    $8,229
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $7,364
    /mo
    based on the purchase price of $1,499,000
    $299,800 cash
    $1,199,200 financed
    $1,010,041 total interest
    Monthly payment$7,364/ month
    Principal54%$1,199,200
    Interest46%$1,010,041

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable duplexs that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 44 Dupont Street
      Sold
      Sign in for price
      44 Dupont Street
      Duplex
    • 553 Teakwood Drive
      Sold
      Sign in for price
      553 Teakwood Drive
      Duplex
    • 357 Grangewood Drive
      Sold
      Sign in for price
      357 Grangewood Drive
      Duplex
    • 33 Orchid Crescent
      Sold
      Sign in for price
      33 Orchid Crescent
      Duplex
    • 120 Marshall Street
      Sold
      Sign in for price
      120 Marshall Street
      Duplex
    • 154 Elgin Crescent
      Sold
      Sign in for price
      154 Elgin Crescent
      Duplex
    AddressBd / BaSqftSold$/sqft% of askSold
    508 Kelso PlaceThis home4 / 625,003,000$1,499,000ask———
    44 Dupont Street5 / 53,000—
    553 Teakwood Drive3 / 2700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More duplexs in Waterloo

    Active listings within ±20% of this asking price.

    • 289 Albert Street
      $1,200,000
      289 Albert Street
      Duplex 7 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RE/MAX TWIN CITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    508 Kelso Place is a 4-bedroom, 6-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 508 Kelso Place built?

    508 Kelso Place was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 508 Kelso Place?

    The 'Property tax' tab in the History section shows the most recent annual tax for 508 Kelso Place plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 508 Kelso Place?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,499,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 508 Kelso Place been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 508 Kelso Place with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 508 Kelso Place in?

    508 Kelso Place is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  25. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 357 Grangewood Drive
    3 / 2
    700
    —
    33 Orchid Crescent4 / 31,100—
    120 Marshall Street3 / 2700—
    154 Elgin Crescent4 / 4700—