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416 Woolwich Street

416 Woolwich Street

Waterloo, ON

  • approx. < 700 sqft
  • Vacant Land
  • 4 days on market
$589,000

Build Your Dream Home in One of Waterloo's Most Desirable Neighbourhoods! Located in the sought-after Lexington area, just steps from Old Kiwanis Park, this spacious vacant corner lot offers a rare opportunity to create a home that is truly your own. Set within a mature, established and family-friendly neighbourhood, this property offers the perfect combination of location, space and convenience. Municipal water and sewer are available from Woolwich Street, with hydro and gas conveniently located at the lot line, helping make the building process that much easier. Imagine designing a custom home perfectly suited to your lifestyle, surrounded by mature neighbourhoods, beautiful parks and trails, excellent schools and everyday amenities. With shopping, major roadways and everything Waterloo has to offer just minutes away, this is an opportunity to build in a location where properties like this rarely become available. Adding to the appeal, Ontario's enhanced New Housing Rebate (NHR) program for eligible owner-built homes may allow qualifying purchasers to recover up to $80,000 of the provincial portion of HST paid on the construction of a new home or substantial renovation. For qualifying owner-built homes, the enhanced rebate generally applies where construction begins on or after April 1, 2026 and on or before March 31, 2027, with substantial completion on or before December 31, 2029. Buyers are encouraged to independently verify eligibility requirements and program details.

Listing Details

Taxes (2026)
$1
Listed
September 16, 2026

Price History

Listing history

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Property

Interior
None
Lot Size
64 x 155.8 Feet

Utilities

Sewer
Sewer

Location & Legal

Cross Street
Woolwich St and University Ave
Zoning
R3
Parcel Number
227090117
Possession
Flexible
Occupancy
Vacant

Schools

Elementary

  • St Matthew Catholic Elementary School0.6 km

    Catholic · Waterloo CDSB · 425 students

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

  • Lexington Public School0.6 km

    Public · Waterloo Region DSB · 355 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 60% met the provincial standard

  • Sandowne Public School1.6 km

    Public · Waterloo Region DSB · 245 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 35% met the provincial standard

Secondary

  • Bluevale Collegiate Institute2.9 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% met the provincial standard

  • St David Catholic Secondary School3.6 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Waterloo Collegiate Institute4 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
1,029
Median days on market
21
Sale-to-list price
99.8%

Based on 1,029 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

$117,800

Estimated Monthly Payment

$2,894

Land transfer tax

Estimated land transfer tax$8,255

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: $2,894/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $147/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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