297 Toll Gate Boulevard
Waterloo, ON
- 5 bed
- 2 bath
- approx. 700-1100 sqft
- Duplex
Welcome to this newly renovated (2025) legal duplex in the desirable lakeshore neighbour hood, totalling $150,000+ spent, perfect for multigeneration families and investors. The house was gutted to the studs (except upper bedrooms) in 2025, with brand new electrical, plumbing, framing, drywall, new separate electric panel, windows, sliding back door, deck, gutter, appliances, water heater, water purifier, sump pump, foundation water proofing and more! Lower unit (two bedrooms one bath) has walkin access from the garage, and the second walk up entrance (2025) to the yard, with enlarged looking out windows. Treed private yard is waiting for your personal touch. All equipment owned no rental. Plumbing and electrical ready to place a dishwasher to upper kitchen island. Basement brings in 1650 Plus Utilities (2025) while Main level brings in 2600 inclusive of Utilities (2025). Live in one of the unit and rent the other as mortgage helper, or rent both and enjoy positive cashflow and easy maintenance. This duplex is conveniently located within walking distance to University of Waterloo, and along bus route to both universities, shopping and other amenities.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,469
- Originally Listed
- $798,000
- Listed
- September 1, 2026
Price History
Property
- Style
- Bungalow-Raised
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Accessory Apartment, Carpet Free, Sump Pump, Water Heater, Water Softener, Separate Hydro Meter
- Lot Size
- 45 x 105 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bearinger & Toll Gate Blvd
- Parcel Number
- 222670018
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Appliances, all window wall fixtures.
- Exclusions
- Staging furnitures (negotiable with sale)/decorations/Wall arts and mirrors
- Rental Items
- None
Schools
Elementary
- N A MacEachern Public School0.4 km
Public · Waterloo Region DSB · 260 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Cedarbrae Public School0.6 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School0.7 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- Waterloo Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School2.4 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Laurel Heights Secondary School3.3 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 87% 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 N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
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
- 1,031
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,031 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
4-piece on Main, 3-piece on Lower
Upper
- Bedroom 211'7" x 9'
- Bedroom 311'6" x 8'2"
- Dining Room9'1" x 9'9"
- Kitchen10'4" x 8'
- Living Room17'4" x 11'2"
- Primary Bedroom10'4" x 12'8"
Lower
- Bathroom5'6" x 7'
- Bedroom13'1" x 7'9"
- Bedroom 210'2" x 8'11"
- Kitchen11'5" x 6'4"
- Living Room15' x 11'3"
Listed by
NU STREAM REALTY (TORONTO) INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$154,980
Estimated Monthly Payment
$3,807
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: $3,807/mo (20% down, 5.5%)
Taxes: $372/mo · Insurance: $194/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions legal duplex. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?