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Coldwell Banker Summit Realty

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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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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 Listed 2 days ago

    514 Forestlawn Road

    Waterloo, ON··

    • 3 beds
    • 2 baths
    Waterloo real estate›X13598520
    • 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

    Visit REALTOR website for additional information. Listings are generally rare in this family friendly North Waterloo neighbourhood. Rarer still is the opportunity to purchase a bungalow. Welcome to 514 Forestlawn Road! This all-brick 3+2 bedroom bungalow greets you with a double driveway and a large covered front porch and is placed on a large corner lot. The Main floor offers a generously sized stunning kitchen which has recently undergone a complete renovation. Kitchen leads to formal Living and dining rooms with French Doors. Down the hall there are three bedrooms. The primary bedroom offers ensuite privilege to the 6 piece bathroom. Added convenience of main level laundry as well just off of the kitchen. The kitchen also provides convenient access to the private backyard oasis; a deck & patio with fenced yard, extensive gardens and even a custom built fish pond. The basement is finished with two additional bedrooms (just need egress windows) as well as a large recroom with gas fireplace, an additional full bathroom as well as plenty of storage. The home sits on a large corner lot with a fully fenced backyard, deck & storage shed with electricity. Plenty of parking (3 wide on a brand new concrete driveway) plus doubly garage. Close to all area amenities as well as major commuter routes. The home is move in ready with a new High efficiency furnace, Hot Water Heater (owned) and a High efficiency cold weather heat pump as well! Don't delay!

    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
    Jul 23, 2026ListedCurrentFor sale$880,000 —X13598520This 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
      1
      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.

    📍 514 Forestlawn Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Electric Car Charger
    • Park
    • Public Transit
    • School
    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
    $4,323
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $477
    0.65% 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
      $746,003
      Last 30 days
    • Median sold price
      $686,000
      Middle of the market
    • Days on market
      30 d
      Avg from list to close
    • Closed last 30d
      315
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 514 Forestlawn Road — 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 514 Forestlawn Road 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 514 Forestlawn Road listed for?

      514 Forestlawn Road is listed at $880,000 on the MLS® (listing X13598520). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 514 Forestlawn Road 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. 1100-1500 sqft
  2. Detached
  3. Built 16-30
  4. < .50 ac lot
  5. Asking
    $880,000
    $0 / sqft · MLS® X13598520
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $746,003
    $686,323Confidence range$805,683
    Asking vs estimate
    ↑↑well-above
    +$133,997
    (+18.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 30 days — this one has been listed 2 days.

    Avg sold price
    $746,003
    Median sold
    $686,000
    Avg days on market
    30
    Recently sold
    315
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • The kitchen also provides convenient access to the private backyard oasis; a deck & patio with fenced yard, extensive gardens and even a custom built fish pond.
    • The basement is finished with two additional bedrooms (just need egress windows) as well as a large recroom with gas fireplace, an additional full bathroom as well as plenty of storage.
    • The home sits on a large corner lot with a fully fenced backyard, deck & storage shed with electricity.
    • Plenty of parking (3 wide on a brand new concrete driveway) plus doubly garage.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    5
    Driveway
    Private Triple
  8. Interior

    6
    Basement
    Finished
    Family room
    N
    Kitchens
    1
    Total rooms
    6
    Laundry level
    Main Level
    Accessibility
    N
  9. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  10. Lot & land

    2
    Year built
    16-30
    Zoning
    SRI10
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  12. Room-by-room · 9 rooms

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

    Room dimensions

    Main level

    6 rooms
    • Kitchen
      18.6 × 16.3 ft
    • Living Room
      11.4 × 11.1 ft
    • Bedroom
      9.7 × 9.9 ft
    • Bedroom
      9.8 × 10.6 ft
    • Primary Bedroom
      14.4 × 11.1 ft
    • Dining Room
      10.4 × 11.1 ft

    Basement level

    3 rooms
    • Family Room
      21.4 × 14.4 ft
    • Den
      10.6 × 9.7 ft
    • Bedroom
      19.1 × 8.8 ft
  13. School Bus Route
  14. Combined estimate
    $4,800
    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
    $4,323
    /mo
    based on the purchase price of $880,000
    $176,000 cash
    $704,000 financed
    $592,953 total interest
    Monthly payment$4,323/ month
    Principal54%$704,000
    Interest46%$592,953

    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 detacheds that just sold in Waterloo

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

    • 99 Stillwater Street
      Sold
      Sign in for price
      99 Stillwater Street
      Detached
    • 175 Woodville Place
      Sold
      Sign in for price
      175 Woodville Place
      Detached
    • 337 Marlowe Drive
      Sold
      Sign in for price
      337 Marlowe Drive
      Detached
    • 261 Newport Place
      Sold
      Sign in for price
      261 Newport Place
      Detached
    • 148 Waterloo Street
      Sold
      Sign in for price
      148 Waterloo Street
      Detached
    • 540 Landgren Court
      Sold
      Sign in for price
      540 Landgren Court
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    514 Forestlawn RoadThis home3 / 211,001,500$880,000ask———
    99 Stillwater Street3 / 32,000—
    175 Woodville Place3 / 21,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Waterloo

    Active listings within ±20% of this asking price.

    • 735 Karlsfeld Road
      $990,000
      735 Karlsfeld Road
      Detached 4 3
    • 199 Allen Street
      $799,900
      199 Allen Street
      Detached 3 2
    • 519 Yorkshire Drive
      $899,900
      519 Yorkshire Drive
      Detached 5 4
    • 425 Exmoor Street
      $750,000
      425 Exmoor Street
      Detached 3 3
    • 274 Buttonbush Street
      $799,990
      274 Buttonbush Street
      Detached 4 4
    • 402 Midwood Crescent
      $755,000
      402 Midwood Crescent
      Detached 3 2
    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.

  15. One team, no handoffs

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

  16. Showings on YOUR schedule

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

  17. Mortgage that closes

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

  18. Public listing courtesy of PG DIRECT REALTY LTD. · displayed on Summitly per MLS® data-share rules

    514 Forestlawn Road is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 514 Forestlawn Road built?

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

  20. What is the property tax for 514 Forestlawn Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 514 Forestlawn Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 514 Forestlawn Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $880,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 514 Forestlawn Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 514 Forestlawn Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 514 Forestlawn Road in?

    514 Forestlawn Road 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.

  24. 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.

  25. 337 Marlowe Drive
    3 / 4
    2,000
    —
    261 Newport Place3 / 21,100—
    148 Waterloo Street3 / 2700—
    540 Landgren Court3 / 31,500—