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294 ALGONQUIN Drive

294 ALGONQUIN Drive

Waterloo, Ontario

4 bed • 2 bath • Single Family

$1,470,000

Architecturally Distinct Mid-Century Bungalow in Prestigious Beechwood. A rare opportunity to own a truly unique home in one of Waterloo's most sought-after neighbourhoods. Nestled within a private wooded enclave, this architecturally significant mid-century executive bungalow offers over 2,650 sq. ft. of thoughtfully designed living space and an exceptional connection to nature. Step inside and be captivated by soaring floor-to-ceiling windows that frame private views and fill the home with natural light. The spacious main level is designed for both everyday living and entertaining, featuring expansive principal rooms, a welcoming living and dining area with a striking double-sided fireplace, and multiple spaces to gather with family and friends. The lower level offers incredible flexibility with a walkout to the backyard, a large family room, two additional bedrooms or office, a full bathroom, and direct access to the garage—ideal for multi-generational living, guests, or a future in-law setup. Outside, enjoy your own private backyard retreat surrounded by mature trees, offering peace, privacy, and endless potential to create your dream outdoor oasis. Updates include windows, roof, hot water tank and boiler, electrical service, extensive landscaping. While some cosmetic updating may be desired, the home presents an outstanding opportunity to personalize a property with exceptional character in an unbeatable location. Virtual staging has been provided to show decorating potential. Situated just minutes from the University of Waterloo, top-rated schools, parks, trails, shopping, and amenities, this is a location rarely offered and highly coveted. Bring your vision and imagination or just move in—this remarkable Beechwood property is ready to become your forever home.

Price History

Schools

Elementary

  • Keatsway Public School0.5 km

    Public · Waterloo Region DSB · 365 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Centennial (Waterloo) Public School0.6 km

    Public · Waterloo Region DSB · 415 students

  • Our Lady of Lourdes Catholic Elementary School1.4 km

    Catholic · Waterloo CDSB · 385 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 45% met the provincial standard

Secondary

  • Waterloo Collegiate Institute2.1 km

    Public · Waterloo Region DSB · 1480 students

    Grade 10 literacy: 85% met the provincial standard

  • Resurrection Catholic Secondary School2.6 km

    Catholic · Waterloo CDSB · 1920 students

    Grade 10 literacy: 90% met the provincial standard

  • St David Catholic Secondary School2.6 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% 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 N2L

Population
37,953
Private dwellings
19,681
Median age
29.8
Average household size
2.2
Median household income
$69,500

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
1,026
Median days on market
22
Sale-to-list price
99.8%

Based on 1,026 recorded sales of single family properties in Waterloo over the last 12 months.

Location

Mortgage Calculator

$294,000

Estimated Monthly Payment

$7,222

Investment Analysis

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

Mortgage: $7,222/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $368/mo

Estimates only. Consult a financial advisor.

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