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516 Preakness Street

516 Preakness Street

Waterloo, ON

  • 4 bed
  • 3 bath
  • approx. 2500-3000 sqft
  • Detached
$1,399,900

Welcome to this exceptional custom-built residence in prestigious Woolwich Estates, where timeless design, impeccable craftsmanship and thoughtful details create a truly remarkable home. From the impressive foyer, the main floor unfolds beautifully with a private office, spacious mudroom, and showstopping chef's kitchen featuring quartz countertops and a walk-in pantry. The inviting living room, anchored by a gas fireplace, opens seamlessly to the covered patio, creating an effortless connection between indoor and outdoor living. Upstairs, four generous bedrooms offer exceptional space for family and guests. The luxurious primary retreat features a spa-inspired ensuite and walk-in closet, while the second and third bedrooms share a convenient Jack-and-Jill ensuite. The breathtaking backyard oasis designed for unforgettable summers and effortless entertaining, this private resort-like retreat features a sparkling pool, hot tub and fabulous covered entertaining space. Whether hosting a crowd, enjoying long summer evenings poolside or simply unwinding at home, this backyard offers an extraordinary lifestyle rarely found. This spectacular home perfectly blends luxury, comfort and exceptional indoor-outdoor living.

Listing Details

Taxes (2026)
$8,794
Listed
September 11, 2026

Price History

Property

Style
2-Storey
Construction
Vinyl Siding, Stone
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Air Exchanger, Auto Garage Door Remote, Central Vacuum
Lot Size
46.72 x 109.12 Feet

Parking

Garage
Built-In
Covered Spaces
2
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Carriage Way N and Woolwich St
Parcel Number
227211035
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Dishwasher, Dryer, Garage Door Opener, Hot Tub, Microwave, Pool Equipment, Range Hood, Refrigerator, Stove, Washer, Window Coverings, Outdoor bar fridge, bar stools
Exclusions
Moss Art, Bike lifts, Rod holders and Ski racks in garage
Rental Items
Hot Water Heater

Schools

Elementary

  • St Matthew Catholic Elementary School0.9 km

    Catholic · Waterloo CDSB · 425 students

    Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard

  • Bridgeport Public School1.3 km

    Public · Waterloo Region DSB · 310 students

    Grade 3 reading: 51% met the provincial standard · Grade 6 math: 50% met the provincial standard

  • Lexington Public School1.3 km

    Public · Waterloo Region DSB · 355 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 60% 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 School3.9 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Waterloo Collegiate Institute4.1 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
1,036
Median days on market
22
Sale-to-list price
99.8%

Based on 1,036 recorded sales of residential freehold properties in Waterloo over the last 12 months.

Listed by

CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$279,980

Estimated Monthly Payment

$6,877

Land transfer tax

Estimated land transfer tax$24,473

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: $6,877/mo (20% down, 5.5%)

Taxes: $733/mo · Insurance: $350/mo

Estimates only. Consult a financial advisor.

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