548 Mariner Drive
Waterloo, ON
- 3 bed
- 3 bath
- approx. 1100-1500 sqft
- Att/Row/Townhouse
- 30 days on market
Welcome to this beautifully updated and freshly painted END Unit 3-bedroom, 3-bathroom Townhouse, offering a bright, spacious, and functional layout perfect for families, professionals, or investors. This well-maintained home is backing directly onto a park, providing a peaceful setting with added privacy and green space right outside your door Located in a highly desirable, family-friendly neighbourhood and within the boundary of Lester B. Pearson Public School, this home offers excellent access to schools, parks, shopping, restaurants, public transit, and everyday amenities. Conveniently located close to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, making it an excellent choice for families, university professionals, students, or investors. Enjoy the perfect combination of a quiet residential setting while still being minutes from Waterloo's major educational institutions and amenities. Move-in ready, freshly updated, backing onto green space, and ideally located - a wonderful opportunity to call Waterloo home!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,125
- Originally Listed
- $599,000
- Listed
- August 20, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Aluminum Siding, Brick
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 27.87 x 114.83 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bridge St./University Ave.
- Parcel Number
- 227070463
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- AC, Furnace, Fridge, Stove, Rangehood, all Window Coverings, all Light Fixtures. Washer and Dryer. Hot Water Tank. Water softener
Schools
Elementary
- Lester B Pearson Public School0.2 km
Public · Waterloo Region DSB · 595 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 68% met the provincial standard
- St Luke Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 505 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Millen Woods Public School0.9 km
Public · Waterloo Region DSB · 275 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 79% met the provincial standard
Secondary
- St David Catholic Secondary School3 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute3.5 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute3.5 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
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,032
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,032 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
4-piece on Second, 4-piece on Basement, 2-piece on Ground
Second
- Bedroom 29' x 10'6"
- Bedroom 38'6" x 10'6"
- Primary Bedroom15'6" x 13'6"
Main
- Dining Room5' x 7'
- Kitchen8' x 8'6"
- Living Room20' x 11'6"
Listed by
RE/MAX EXCEL REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$130,400
Estimated Monthly Payment
$3,203
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: $3,203/mo (20% down, 5.5%)
Taxes: $344/mo · Insurance: $163/mo
Estimates only. Consult a financial advisor.
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