7 Homestead Place
Waterloo, ON
- 3 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
Opportunity knocks at 7 Homestead Place! This property is the perfect fit for contractors, renovators, investors, or buyers looking to roll up their sleeves and create something of their own. The home is in need of updating and is being offered as a true handyman special, with plenty of potential for the right buyer.One of the standout features is the impressive 150-foot-deep lot, providing loads of outdoor space and possibilities. Adding even more value is the detached 25' x 16' garage/shop - an ideal setup for a contractor, hobbyist, extra storage, or anyone looking for a dedicated workspace.Located on a quiet residential street in Kitchener, this is a great opportunity to renovate, improve and add value. Bring your ideas, your tools and your vision - properties with this kind of lot and a detached shop don't come along every day!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $3,908
- Listed
- September 16, 2026
Price History
Property
- Style
- Backsplit 4
- Construction
- Brick, Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Storage
- Lot Size
- 32.15 x 150.95 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Wetheights and Driftwood
- Parcel Number
- 224640098
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Fridge, Stove, Washer, Dryer
- Rental Items
- Water Heater, Water Softener
Schools
Elementary
- Westheights Public School0.4 km
Public · Waterloo Region DSB · 480 students
- Driftwood Park Public School0.5 km
Public · Waterloo Region DSB · 365 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 54% met the provincial standard
- John Darling Public School0.7 km
Public · Waterloo Region DSB · 175 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 90% met the provincial standard
Secondary
- Forest Heights Collegiate Institute1.6 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Resurrection Catholic Secondary School2.6 km
Catholic · Waterloo CDSB · 1920 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School4.8 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% 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 N2N
- Population
- 26,596
- Private dwellings
- 9,145
- Median age
- 39.2
- Average household size
- 2.9
- Median household income
- $108,000
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
- 22
- 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, 2-piece on Lower
Second
- Bathroom8'4" x 5'
- Bedroom8'4" x 5'
- Bedroom8'4" x 13'9"
- Primary Bedroom12' x 10'5"
Main
- Foyer10'3" x 9'1"
- Kitchen14'6" x 11'1"
- Living Room14'6" x 11'1"
Lower
- Bathroom18' x 18'4"
- Recreation18' x 18'4"
Basement
- Workshop18'4" x 20'2"
Listed by
Trilliumwest Real Estate Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$99,800
Estimated Monthly Payment
$2,451
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: $2,451/mo (20% down, 5.5%)
Taxes: $326/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Adding even more value is the detached 25' x 16' garage/shop - an ideal setup for a contractor, hobbyist, extra storage, or anyone looking for a dedicated workspace.Located on a quiet residential street in Kitchener, this is a great opportunity to renovate, improve and add value.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?