
423 CIDER MILL Drive
Waterloo, Ontario
3 bed • 3 bath • Single Family
Welcome to 423 Cider Mill Drive, a distinguished executive townhome designed for refined living in one of Waterloo’s most desirable communities. Rarely offered and truly one-of-a-kind within the neighbourhood, this premium end-unit residence boasts an exceptionally large, private lot - a setting seldom found among townhomes in the area. Step inside this bright, open concept, custom built home with almost 3,000 square feet of finished living space to enjoy 19-foot ceilings, rich hardwood floors, a gas fireplace with stone mantle, and updated finishes throughout. The open concept main floor functions perfectly for both everyday living and entertaining. The chef-inspired kitchen is thoughtfully designed with granite countertops, custom cabinetry, high-end stainless-steel appliances, and direct access to the backyard through sliding glass doors. Upstairs, the spacious primary suite serves as a luxurious retreat, complete with a beautifully appointed ensuite bathroom with a glass shower + jacuzzi tub, and two oversized walk-in closets. Two additional well-proportioned bedrooms and a full 4-piece bathroom complete the upper level. The fully finished, carpet free lower level extends the home’s functional living space with a generously sized recreation room, entertaining bar area, and a spacious home gym set up. Outside, the fully fenced, oversized & professionally landscaped backyard sets this home apart from the rest. Enjoy the custom-built gas fire pit, interlocking stone patio, tranquil water feature, covered composite deck, irrigation system, and mature trees for added privacy. Steps away from parks, trails, recreation centres, Grey Silo Golf Course, malls and highway access. With an array of luxurious features and thoughtful touches indie & out, this distinguished residence offers a lifestyle of unparalleled comfort and convenience, perfect for your family’s next chapter.
Price History
Schools
Elementary
- Millen Woods Public School1.4 km
Public · Waterloo Region DSB · 275 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 79% met the provincial standard
- St Luke Catholic Elementary School1.9 km
Catholic · Waterloo CDSB · 505 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 73% 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
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
- $691,000
- Homes sold
- 1,039
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,039 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$179,800
Estimated Monthly Payment
$4,417
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,417/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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