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416 WOOLWICH Street

416 WOOLWICH Street

Waterloo, Ontario

Vacant Land

$599,900

Prime Vacant Lot in the Prestigious Lexington Area – a stone’s throw away from Old Kiwanis Park! An exceptional opportunity to build your dream home in one of Waterloo’s most sought-after neighbourhoods. Ideally located at the corner of Woolwich Street and Lexington Crescent, this spacious vacant lot offers the perfect setting to create a custom residence within a mature, family-friendly community. Municipal water and sewer services are already available from Woolwich Street, with hydro and gas conveniently located at the lot line, making this property ready for development. Adding even more value, Ontario’s enhanced New Housing Rebate (NHR) program for owner-built homes may allow eligible individuals to recover up to $80,000 of the provincial portion of the HST paid to build a home or substantially renovate a property. For qualifying owner-built homes, the enhanced rebate generally applies where construction begins on or after April 1, 2026 and on or before March 31, 2027, and the home is substantially completed on or before December 31, 2029. Buyers are encouraged to verify eligibility requirements and program details independently. Enjoy a premium location close to scenic parks and trails, excellent schools, shopping, and convenient access to major roadways. Don’t miss this rare chance to design and build the home you’ve always envisioned in a highly desirable Waterloo location.

Price History

Schools

Elementary

  • St Matthew Catholic Elementary School0.6 km

    Catholic · Waterloo CDSB · 425 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard

  • Lexington Public School0.6 km

    Public · Waterloo Region DSB · 355 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • Sandowne Public School1.6 km

    Public · Waterloo Region DSB · 245 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 35% met the provincial standard

Secondary

  • Bluevale Collegiate Institute2.9 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% met the provincial standard

  • St David Catholic Secondary School3.6 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Waterloo Collegiate Institute4 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

Vacant Land in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,031
Median days on market
21
Sale-to-list price
99.8%

Based on 1,031 recorded sales of vacant land properties in Waterloo over the last 12 months.

Walk Score

44

Walk

39

Transit

48

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$119,980

Estimated Monthly Payment

$2,947

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,947/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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