Great Investment Opportunity With Strong Income Potential: LEGAL DUPLEX with A Double Garage recently converted into A THIRD ONE-BEDROOM UNIT with a potential monthly rent of $950. This property is located in the well established Lakeshore Village community. Its central location in Waterloo make it a popular choice for convenient commuting and quick access to the expressway. You can get vacant possession of the 4-bedroom mainfloor unit. Set your own rent for the Garage. Basement is currently rented but tenant is open to staying or leaving. The upper unit(main) offers a shared front, main entrance and a private rear entrance. The unit features a generous kitchen with a large island and plenty of counter and cupboard space. Large bathroom includes a vanity with double sinks. The unit also boasts spacious and bright bedrooms. The 3-bedroom basement unit also boasts two entrances; a main entrance in the front and a private unit entrance in the rear of the building. Conveniently located near the schools; For grades JK-6; N.A. MacEachern, Winston Churchill, and Cedarbrae are available. Sir. Edgar Bauer is available for students in JK-8.
5 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $795 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 536 Glen Forrest Blvd
Every detail from the listing, in one place.
Type
Duplex
Style
1 Storey/Apt
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spaces
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Duplex
536 Glen Forrest Blvd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13172638$875,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 536 Glen Forrest Blvd Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$4,299
/mo
based on the purchase price of $875,000
$175,000 cash
$700,000 financed
$589,584 total interest
Principal54%$700,000
Interest46%$589,584
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.
Keep looking near 536 Glen Forrest Blvd
Homes for sale in Waterloo
Every active Waterloo MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings410Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 433 sales from Jul 24 – Oct 22, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
536 Glen Forrest Blvd is listed at $875,000 (MLS® X13172638). Summitly updates the price as soon as the MLS® record changes.
Is $875,000 a good price for 536 Glen Forrest Blvd?
Summitly rates it Well Above Market: the asking price is 15% or more 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 536 Glen Forrest Blvd changed?
No — 536 Glen Forrest Blvd is still listed at its original asking price of $875,000.
How many bedrooms and bathrooms does 536 Glen Forrest Blvd have?
536 Glen Forrest Blvd has 5 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Waterloo.
Is 536 Glen Forrest Blvd close to transit?
The nearest rapid-transit station is Research and Technology Station (ION), about 810 m (about a 10-minute walk) in a straight line. Northfield Station is about 1.5 km (about a 18-minute walk), and University of Waterloo Station is about 1.7 km (about a 21-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 536 Glen Forrest Blvd?
About $4,299 a month — principal and interest on $875,000 with 20% down ($175,000), 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 536 Glen Forrest Blvd compare with other homes in Waterloo?
Its asking price of $875,000 is about 27% above the median sold price in Waterloo over the last 90 days, $689,000, across 433 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 536 Glen Forrest Blvd been sold before?
Summitly has no earlier MLS® sale or lease of 536 Glen Forrest Blvd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 536 Glen Forrest Blvd?
536 Glen Forrest Blvd is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 536 Glen Forrest Blvd been on the market?
150 days — 536 Glen Forrest Blvd was listed on May 25, 2026.
What is the price per square foot of 536 Glen Forrest Blvd?
About $583 to $795 per square foot: the asking price of $875,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 536 Glen Forrest Blvd have parking or a garage?
