489 NORTHLAKE Drive
Waterloo, Ontario
- 4 bed
- 2 bath
- Single Family
Your search is over, your next home awaits in Desirable Lakeshore North! Welcome to 489 Northlake Drive — a spacious 4-level backsplit nestled in one of Waterloo’s most sought-after, family-friendly neighborhoods. Offering over 2,000 sq/ft of finished living space, this home combines comfort, functionality, and incredible opportunity. Featuring 4 bedrooms, 2 full bathrooms, a double-car garage, and parking for 2 additional vehicles, this home is perfect for growing families or anyone looking for flexible living space. Step inside to a bright and inviting main floor, where a sun-filled living room with a large bay window creates a warm and welcoming atmosphere. The adjoining dining area is ideal for family meals and entertaining. The eat-in kitchen offers ample cabinet and counter space, along with a walkout to a large deck complete with a hot tub — perfect for summer BBQs, relaxing evenings, and outdoor gatherings. Upstairs, you’ll find three generously sized bedrooms and a 4-piece bathroom. The lower level features a spacious yet cozy family room with a gas fireplace, along with a convenient 3-piece bathroom. The basement adds even more versatility with a rec room, a fourth bedroom, and plenty of storage space. With just a few cosmetic updates this property offers a fantastic opportunity to customize and truly make it your forever home. Ideally located near top-rated schools, parks, walking trails, shopping, universities, public transit, the Farmers Market and Laurel Creek Conservation Area, all the amenities that make Lakeshore North one of the most sought-after communities in the area including easy access to major highways. Don’t miss your chance to own a great family home in a highly desirable community — book your private showing today!
Price History
Schools
Elementary
- Northlake Woods Public School0.1 km
Public · Waterloo Region DSB · 340 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 78% met the provincial standard
- N A MacEachern Public School0.8 km
Public · Waterloo Region DSB · 260 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School1.1 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- St David Catholic Secondary School3.3 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Laurel Heights Secondary School3.5 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 87% met the provincial standard
- Waterloo Collegiate Institute3.5 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2V
- Population
- 19,428
- Private dwellings
- 6,360
- Median age
- 38
- Average household size
- 3.1
- Median household income
- $126,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,033
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,033 recorded sales of single family properties in Waterloo over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$149,980
Estimated Monthly Payment
$3,684
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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