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530 PENNY Lane

530 PENNY Lane

Waterloo, Ontario

3 bed • 3 bath • Single Family

$650,000

Located in desirable Westvale, this beautifully cared-for open-concept 2-storey home offers comfort, character, and thoughtful updates throughout. Set close to schools, shopping, restaurants, and public transit, this home feels welcoming from the moment you arrive. An oversized front porch adds to the curb appeal and creates a charming spot to enjoy your morning coffee or unwind at the end of the day. Inside, soaring ceilings in the living room create an open, airy feel and a unique living experience. The newly renovated kitchen (2024) offers plenty of cabinetry, great functionality, and a walkout to the large back deck, making indoor-outdoor entertaining easy. A good-sized dining space is ready to welcome your guests, while the main floor bedroom and beautifully updated 4-piece bathroom add flexibility and convenience. Upstairs, the spacious primary bedroom features cathedral ceilings, along with a beautifully updated 3-piece bathroom with a walk-in shower and skylight. The lower level offers excellent flexibility, with space that could be used as an additional bedroom, rec room, or in-law setup, complete with a walkout to the backyard and renovated 3-piece bathroom. Out back, the large deck is surrounded by mature greenery, setting the scene for summer dinners and quiet evenings. The generous backyard, with a 144-foot lot depth, provides plenty of room for families to enjoy, while the custom shed offers great storage for tools, bikes, and outdoor essentials. Recent updates include the kitchen in 2024, main floor bathroom in 2024, basement bathroom in 2022, upstairs bathroom in 2026, reverse osmosis system in 2025, smart thermostat in 2026, and double-wide concrete driveway in 2017. An immaculate home in a wonderful neighbourhood, offering comfort, flexibility, and pride of ownership throughout.

Price History

Schools

Elementary

  • Westvale Public School0.7 km

    Public · Waterloo Region DSB · 390 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 42% met the provincial standard

  • Holy Rosary Catholic Elementary School0.8 km

    Catholic · Waterloo CDSB · 560 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 58% met the provincial standard

  • Sandhills Public School1.3 km

    Public · Waterloo Region DSB · 615 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 59% met the provincial standard

Secondary

  • Resurrection Catholic Secondary School0.9 km

    Catholic · Waterloo CDSB · 1920 students

    Grade 10 literacy: 90% met the provincial standard

  • Forest Heights Collegiate Institute3.2 km

    Public · Waterloo Region DSB · 1555 students

    Grade 10 literacy: 86% met the provincial standard

  • Kitchener Waterloo Collegiate and Vocational School4.4 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% 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 N2T

Population
20,634
Private dwellings
7,109
Median age
41.2
Average household size
2.9
Median household income
$127,000

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
$695,000
Homes sold
1,037
Median days on market
21
Sale-to-list price
99.8%

Based on 1,037 recorded sales of single family properties in Waterloo over the last 12 months.

Location

Mortgage Calculator

$130,000

Estimated Monthly Payment

$3,193

Investment Analysis

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

Mortgage: $3,193/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $163/mo

Estimates only. Consult a financial advisor.

R

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