
532 RED RIVER Drive
Waterloo, Ontario
3 bed • 3 bath • Single Family
3-bedroom, 2.5-bathroom detached home with a 1-car garage located in the desirable Westvale neighbourhood of Waterloo. This well-maintained home backs onto green space with no rear neighbours, offering added privacy, direct access to walking trails, & nearby parks. With hardwood flooring throughout the main & upper levels, numerous updates, & a fully finished basement, this home is ideal for families looking for a move-in ready property. The main floor features hardwood flooring throughout, a bright living room & dining room with large windows, a functional kitchen, a powder room, & a 3-season sunroom overlooking the private backyard. The sunroom provides additional living space & is a great place to relax or entertain. Upstairs, hardwood flooring continues throughout the hallway & all 3 bedrooms. The bedrooms are all good sizes & are served by a beautifully updated 3-piece bathroom (2025). The finished basement offers additional living space with a spacious rec-room featuring an electric fireplace, a 3-piece bathroom, & a utility/laundry room with additional storage. Outside, the fully fenced backyard backs directly onto green space with no rear neighbours, providing a private setting with direct access to walking paths & nearby parks. It is an excellent space for entertaining, gardening, or giving kids & pets room to play. Located in the family-friendly Westvale neighbourhood, this home is close to excellent schools, including Westvale Public School & Resurrection Catholic Secondary School, along with numerous parks, playgrounds, & walking trails. The Boardwalk Shopping Centre is just 2 minutes away, offering Costco, Walmart, Landmark Cinemas, restaurants, grocery stores, medical offices, & many other everyday amenities. The location also provides quick access to public transit, the University of Waterloo, Wilfrid Laurier University, Highway 7/8, & Highway 401.
Price History
Schools
Elementary
- Holy Rosary Catholic Elementary School0.3 km
Catholic · Waterloo CDSB · 560 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Westvale Public School0.8 km
Public · Waterloo Region DSB · 390 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 42% met the provincial standard
- Sandhills Public School1.4 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 School0.5 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% met the provincial standard
- Forest Heights Collegiate Institute3.1 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School3.6 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
- 1,026
- 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.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Mortgage Calculator
$129,980
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: $162/mo
Estimates only. Consult a financial advisor.