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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 8 days

    561 Chancery Lane

    Waterloo, ON·N2T 2N5·Near Columbia St W/Fisher-Hallman

    • 3 beds
    • 3 baths
    Waterloo real estate›X13479734
    • 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

    Welcome to 561 Chancery Lane, Waterloo - a beautifully open and spacious backsplit nestled in one of Waterloo's most desirable neighbourhoods. Offering 3 bedrooms, 3 full bathrooms, and exceptional indoor and outdoor living spaces, this home is designed for both everyday comfort and entertaining. The bright and inviting main level features soaring cathedral ceilings, hardwood flooring, and an open-concept living and dining area filled with natural light. The gourmet kitchen is sure to impress with stainless appliances, double wall ovens, a gas cooktop, built-in Miele coffee maker, and a spacious island perfect for gathering with family and friends. The lower level is an entertainer's dream, showcasing a stylish bar area, custom built-ins, heated slate flooring, and a convenient walk-up to the backyard. A 3-piece bathroom on this level adds functionality and convenience for guests. Upstairs, you'll find three generously sized bedrooms and an updated 4-piece bathroom. The primary bedroom offers the added luxury of a private 3-piece ensuite. The basement provides excellent flexibility and can be used as a home gym, office, additional bedroom, or hobby space. A dedicated laundry room completes this level. Step outside to your own backyard retreat featuring a heated inground pool surrounded by stamped concrete. The cabana is fully equipped with hydro, speakers, a ceiling fan, and a fireplace, creating the perfect setting for summer entertaining. A separate pool house provides ample storage for all your pool equipment and accessories. Completing this home is a double attached garage and a fantastic location close to parks, schools, shopping, and all the amenities Waterloo has to offer.

    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
    Jun 23, 2026ListedCurrentFor sale$1,099,000 —X13479734This 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

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 561 Chancery Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Public Transit
    • Place Of Worship
    • 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
    $5,399
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $619
    0.68% 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
      $777,546
      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
      301
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 561 Chancery Lane — 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 561 Chancery Lane 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 561 Chancery Lane listed for?

      561 Chancery Lane is listed at $1,099,000 on the MLS® (listing X13479734). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 561 Chancery Lane 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. 2000-2500 sqft
  2. Detached
  3. Built 31-50
  4. Asking
    $1,099,000
    $0 / sqft · MLS® X13479734
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $777,546
    $715,342Confidence range$839,750
    Asking vs estimate
    ↑↑well-above
    +$321,454
    (+41.3%)
    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 28 days — this one has been listed 8 days.

    Avg sold price
    $777,546
    Median sold
    $705,000
    Avg days on market
    28
    Recently sold
    301
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • The gourmet kitchen is sure to impress with stainless appliances, double wall ovens, a gas cooktop, built-in Miele coffee maker, and a spacious island perfect for gathering with family and friends.
    • The lower level is an entertainer's dream, showcasing a stylish bar area, custom built-ins, heated slate flooring, and a convenient walk-up to the backyard.
    • Step outside to your own backyard retreat featuring a heated inground pool surrounded by stamped concrete.
    • Completing this home is a double attached garage and a fantastic location close to parks, schools, shopping, and all the amenities Waterloo has to offer.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    4
    Driveway
    Private Double
  7. Interior

    5
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    11
    Laundry level
    Lower Level
  8. Exterior & construction

    4
    Exterior
    Brick, Metal/Steel Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    Inground
  9. Lot & land

    2
    Year built
    31-50
    Zoning
    R1
  10. Listing & possession

    3
    Possession
    2026-09-08T00:00:00.000-00:00
    Property style
    Backsplit 3
    Property class
    Detached
  11. Room-by-room · 11 rooms

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

    Room dimensions

    Main level

    4 rooms
    • Foyer
      10.5 × 8.0 ft
    • Kitchen
      11.9 × 16.7 ft
    • Dining Room
      11.2 × 9.9 ft
    • Living Room
      16.2 × 12.1 ft

    Second level

    3 rooms
    • Bedroom
      14.2 × 9.8 ft
    • Primary Bedroom
      16.7 × 11.3 ft
    • Bedroom
      10.2 × 9.9 ft

    Lower level

    1 room
    • Family Room
      16.8 × 37.5 ft

    Basement level

    3 rooms
    • Recreation
      25.9 × 12.6 ft
    • Laundry
      15.8 × 6.2 ft
    • Utility Room
      11.8 × 13.3 ft
  12. Rec./Commun.Centre
  13. Library
  14. Combined estimate
    $6,018
    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
    $5,399
    /mo
    based on the purchase price of $1,099,000
    $219,800 cash
    $879,200 financed
    $740,517 total interest
    Monthly payment$5,399/ month
    Principal54%$879,200
    Interest46%$740,517

    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.

    • 223 Buttercup Court
      Sold
      Sign in for price
      223 Buttercup Court
      Detached
    • 219 Corrie Crescent
      Sold
      Sign in for price
      219 Corrie Crescent
      Detached
    • 625 Pine Island Crescent
      Sold
      Sign in for price
      625 Pine Island Crescent
      Detached
    • 74 Homewood Avenue
      Sold
      Sign in for price
      74 Homewood Avenue
      Detached
    • 520 Chablis Drive
      Sold
      Sign in for price
      520 Chablis Drive
      Detached
    • 387 Stillmeadow Circle
      Sold
      Sign in for price
      387 Stillmeadow Circle
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    561 Chancery LaneThis home3 / 320,002,500$1,099,000ask———
    223 Buttercup Court3 / 41,500—
    219 Corrie Crescent4 / 43,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Waterloo

    Active listings within ±20% of this asking price.

    • 25 Central Street
      $949,900
      25 Central Street
      Detached 4 2
    • 292 THORNCREST Drive
      $1,049,900
      292 THORNCREST Drive
      Detached 3 4
    • 597 Sundew Drive
      $975,000
      597 Sundew Drive
      Detached 5 4
    • 464 Northlake Drive
      $949,900
      464 Northlake Drive
      Detached 3 3
    • 670 Salzburg Drive
      $899,900
      670 Salzburg Drive
      Detached 3 3
    • 391 Timlock Place
      $1,199,900
      391 Timlock Place
      Detached 4 4
    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 ROYAL LEPAGE WOLLE REALTY · displayed on Summitly per MLS® data-share rules

    561 Chancery Lane is a 3-bedroom, 3-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 561 Chancery Lane built?

    561 Chancery Lane was built in 31-50. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  20. What is the property tax for 561 Chancery Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 561 Chancery Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 561 Chancery Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,099,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 561 Chancery Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 561 Chancery Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 561 Chancery Lane in?

    561 Chancery Lane 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. 625 Pine Island Crescent
    4 / 3
    1,500
    —
    74 Homewood Avenue3 / 21,100—
    520 Chablis Drive3 / 41,100—
    387 Stillmeadow Circle4 / 42,500—