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391 TIMLOCK Place

391 TIMLOCK Place

Waterloo, Ontario

4 bed • 4 bath • Single Family

$1,199,900

Welcome to this beautiful family home tucked away on a quiet court in Waterloo's sought-after Lexington neighbourhood. Surrounded by mature trees, parks, trails, schools and a strong sense of community, this is the kind of neighbourhood where families put down roots and stay for years. Offering generous above-grade living space plus a finished basement, this 4-bedroom, 4-bathroom home blends comfort, functionality and timeless style. Freshly painted in neutral tones with recent basement updates, it has been well maintained with a new roof (2020), furnace (2014), air conditioner (2026) 200 AMP service and many updated windows. The spacious kitchen is the heart of the home, with plenty of room for family and friends to gather. Multiple living areas on the main floor provide flexibility for everyday living and entertaining, including a welcoming family room, dining room and separate sitting room. Main floor laundry adds convenience. Upstairs, four generous bedrooms include a relaxing primary retreat with a beautifully updated ensuite bath. The finished basement adds valuable living space with a large recreation and games area, perfect for movie nights, gaming, ping pong, board games or simply spending time together. A separate bonus room works equally well as a home office, fitness room, guest space or hobby room. A two-piece bathroom and ample storage complete the lower level. Outside, the large private backyard offers plenty of room for children and pets to play, gardens to grow, or future outdoor living plans. A double garage and parking for four vehicles provide plenty of room for family and guests. Located minutes from Rim Park, recreation facilities, transit, shopping and everyday amenities, this home offers the perfect balance of peaceful suburban living and convenient city access. Beautifully maintained, thoughtfully updated and ideally located, this is a rare opportunity to own a home in one of Waterloo's most desirable family neighbourhoods.

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 School0.8 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 Institute2.6 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% met the provincial standard

  • St David Catholic Secondary School2.8 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Waterloo Collegiate Institute3.2 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

Single Family in Waterloo · last 12 months

Median sold price
$691,000
Homes sold
1,040
Median days on market
21
Sale-to-list price
99.8%

Based on 1,040 recorded sales of single family properties in Waterloo over the last 12 months.

Location

Street View

Mortgage Calculator

$239,980

Estimated Monthly Payment

$5,895

Investment Analysis

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

Mortgage: $5,895/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $300/mo

Estimates only. Consult a financial advisor.

R

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