560 PENNY Lane
Waterloo, Ontario
- 3 bed
- 3 bath
- Single Family
Welcome to this beautiful two-storey home in the highly sought-after Westvale neighbourhood of Waterloo! Offering a functional traditional layout and numerous updates throughout, this move-in ready home is perfect for families and professionals alike. The main floor features a spacious kitchen, a bright and inviting living room with a stunning vaulted ceiling, and patio doors leading to your private, fully fenced backyard complete with an elevated deck—ideal for relaxing or entertaining. Upstairs, you'll find three generously sized bedrooms filled with natural light, including a primary bedroom with convenient built-in cabinetry. The fully finished basement provides additional living space, a second bathroom, and a large laundry room. Recent updates include an owned hot water heater (2025), water softener (2023), air conditioner (2024), many updated windows (2017), and more. Conveniently located close to schools, parks, groceries, shopping, restaurants, cafés, and everyday amenities, this is an exceptional opportunity to own a well-maintained home in one of Waterloo's most desirable communities. Book your private showing today!
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 School0.7 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 School0.8 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 School4.3 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
- 1,044
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,044 recorded sales of single family properties in Waterloo over the last 12 months.
Walk Score
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Location
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Mortgage Calculator
$125,980
Estimated Monthly Payment
$3,095
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,095/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $157/mo
Estimates only. Consult a financial advisor.
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