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561 CHANCERY Lane

561 CHANCERY Lane

Waterloo, Ontario

4 bed • 3 bath • Single Family

$1,089,900

Welcome to 561 Chancery Lane, Waterloo – a beautifully open and spacious backsplit nestled in one of Waterloo’s most desirable neighbourhoods. Offering 3 bedrooms, 3 full bathrooms, and exceptional indoor and outdoor living spaces, this home is designed for both everyday comfort and entertaining. The bright and inviting main level features soaring cathedral ceilings, hardwood flooring, and an open-concept living and dining area filled with natural light. The gourmet kitchen is sure to impress with stainless appliances, double wall ovens, a gas cooktop, built-in Miele coffee maker, and a spacious island perfect for gathering with family and friends. The lower level is an entertainer’s dream, showcasing a stylish bar area, custom built-ins, heated slate flooring, and a convenient walk-up to the backyard. A 3-piece bathroom on this level adds functionality and convenience for guests. Upstairs, you'll find three generously sized bedrooms and an updated 4-piece bathroom. The primary bedroom offers the added luxury of a private 3-piece ensuite. The basement provides excellent flexibility and can be used as a home gym, office, additional bedroom, or hobby space. A dedicated laundry room completes this level. Step outside to your own backyard retreat featuring a heated inground pool surrounded by stamped concrete. The cabana is fully equipped with hydro, speakers, a ceiling fan, and a fireplace, creating the perfect setting for summer entertaining. A separate pool house provides ample storage for all your pool equipment and accessories. Completing this home is a double attached garage and an exceptional location close to parks (backs onto Cavendish Park), shopping, and everyday amenities. Families will appreciate being situated within the highly sought-after school catchment for Laurelwood P.S., St. Nicholas Catholic School, Laurel Heights S.S., and Resurrection Catholic S.S., making this an outstanding place to call home.

Price History

Schools

Elementary

  • Laurelwood Public School0.5 km

    Public · Waterloo Region DSB · 705 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 88% met the provincial standard

  • St Nicholas Catholic Elementary School1.1 km

    Catholic · Waterloo CDSB · 495 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • Mary Johnston Public School1.4 km

    Public · Waterloo Region DSB · 375 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 72% met the provincial standard

Secondary

  • Laurel Heights Secondary School1.4 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 87% met the provincial standard

  • Resurrection Catholic Secondary School3.7 km

    Catholic · Waterloo CDSB · 1920 students

    Grade 10 literacy: 90% met the provincial standard

  • Waterloo Collegiate Institute4.3 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 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

$217,980

Estimated Monthly Payment

$5,354

Investment Analysis

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

Mortgage: $5,354/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $272/mo

Estimates only. Consult a financial advisor.

R

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