
338 RIVER OAK Place
Waterloo, Ontario
7 bed • 6 bath • Single Family
Discover refined living in the prestigious River Oak Estates—where timeless design meets an extraordinary natural backdrop. Set on a lush half-acre lot backing directly onto the Grand River, this 6,000+ sq. ft. residence captures breathtaking views of the water, pond, and Grand River Trail. Thoughtful landscaping enhances its privacy and curb appeal, creating a truly peaceful setting. Inside, sophistication unfolds across three levels, with 5+2 bedrooms and 6 bathrooms offering comfort and flexibility for family and guests. The grand foyer opens to an elegant staircase and sun-filled formal living and dining rooms—ideal for entertaining large gatherings. The kitchen, complete with an oversized island and casual dining space, extends to a spacious deck overlooking the river. A stone wood-burning fireplace anchors the family room, where floor-to-ceiling windows frame the scenic outdoors. The main floor suite is a private retreat featuring a gas fireplace, walk-in closet, and balcony access. Its luxurious ensuite includes dual vanities, a soaker tub surrounded by windows, and a glass walk-in shower. Upstairs, you’ll find four additional bedrooms, a home office with custom built-ins, and a dedicated media room. The lower level offers two more bedrooms, a 3-piece bath, wet bar, games area, and walkout access to a stone patio and landscaped gardens—perfect for indoor-outdoor living. Blending comfort, elegance, and a rare connection to nature, this River Oak Estates home delivers a lifestyle as remarkable as its setting.
Price History
Property
- Lot Size
- 0.66 acres
Schools
Elementary
- Lexington Public School1.2 km
Public · Waterloo Region DSB · 355 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 60% met the provincial standard
- St Matthew Catholic Elementary School1.3 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard
- Lester B Pearson Public School2.1 km
Public · Waterloo Region DSB · 595 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 68% met the provincial standard
Secondary
- Bluevale Collegiate Institute3.4 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- St David Catholic Secondary School4.4 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute4.7 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 N2K
- Population
- 29,381
- Private dwellings
- 10,815
- Median age
- 40.4
- Average household size
- 2.8
- Median household income
- $120,000
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
- $693,750
- Homes sold
- 1,034
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,034 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$590,000
Estimated Monthly Payment
$14,492
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,492/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $738/mo
Estimates only. Consult a financial advisor.
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