
416 WOOLWICH Street
Waterloo, Ontario
Vacant Land
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
Walk
Transit
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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.
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